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$5,500,000

11673 240 STREET

Maple Ridge BC V4R 1M6 - Cottonwood MR

About This Property

Prime 3.28 acre potential townhouse development site in Maple Ridge’s Cottonwood area. Designated Urban Residential in the OCP with potential for townhouse/rowhome development. Well positioned in a rapidly growing neighbourhood with active development nearby and possible assembly opportunity (adjacent 2 acres may be available). Services nearby and close…

Features

Near Shopping

Property Details

MLS NumberR3076680
Lot Size142,876 sqft
Days on Market239
StatusActive
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.

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Monthly Cost Calculator

Estimated monthly cost $30,021
Mortgage payment$25,191
Property tax$4,330
Home insurance$500
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 28

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