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$2,699,999

11403 240 STREET

Maple Ridge BC V2W 1A3 - Cottonwood MR
3 bd
1 ba
1,302 sqft
Built 1940

About This Property

TOWNHOUSE SITE! Potential yield of 18 units. Cottonwood Development Area - 1.15 acre, future development property located in area of new homes. Part, unfinished basement for utility/laundry room. With Detached 30'x42' garage/workshop, fully insulated with room for 8 or more cars. Old time double carport. Mostly level land, gated with 140 foot frontage onto…

Features

No Outdoor Area
Open
Shopping Nearby
Room measurements6 rooms
Living RoomMain · 14' × 20'
Dining RoomMain · 14' × 10'
KitchenMain · 12' × 12'
BedroomMain · 12' × 16'
BedroomMain · 9' × 11'
BedroomMain · 11' × 11'

Property Details

MLS NumberR3089966
Property TypeSingle Family Residence
Bedrooms3
Bathrooms1
Square Feet1,302
Lot Size50,094 sqft
Year Built1940
HeatingForced Air
StatusClosed
Listed ByRE/MAX LIFESTYLES REALTY

School Catchment

Elementary Alexander Robinson Elementary
Secondary Garibaldi Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$900,000Median home value
$124,000Median household income
83.9%Owner-occupied
51.6%Single-detached homes
3.1Avg household size
39.2Median age
21.8%Bachelor's degree or higher (25-64)
49.4%Commute under 30 min
92.3%Drive to work
22.3%Foreign-born residents
4,897Neighbourhood population

Age

Under 15: 19.4%15 to 64: 69.7%65 and over: 10.9%
  • Under 1519.4%
  • 15 to 6469.7%
  • 65 and over10.9%

Household size

  • 1 person14.8%
  • 225.4%
  • 318%
  • 424.8%
  • 5 or more17%

Language spoken at home

76.6% English mother tongue

  • English + other2.6%
  • Tagalog2.1%
  • Mandarin2%
  • Punjabi1.8%
  • Spanish1.3%
  • Korean1.2%
  • All others12.4%

Mother tongue, share of 4,895 residents.

How this pocket differs

  • fewer seniors 65+ than Maple Ridge 10.9% vs 16%
  • notably more 5+ person households than Maple Ridge 17% vs 11.3%
  • notably fewer people living alone than Maple Ridge 14.7% vs 22.1%
  • more 4-person households than Maple Ridge 24.7% vs 17.7%
  • Median household income is higher than Metro Vancouver $124,000 vs $90,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Cottonwood MR?

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Monthly Cost Calculator

Estimated monthly cost $13,761
Mortgage payment$12,318
Property tax$1,174
Home insurance$270
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An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 27

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