Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City…
Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City approval. Potential development options include market rental, strata, or mixed tenure. Existing holding income of approximately $9,250/month ($111,000/year) provides cash flow during the rezoning and entitlement process. Proposed rezoning from RS-1 to RM-2. Full marketing package available upon request.
Features
Balcony
Additional Parking
Open
RV Access/Parking
Room measurements10 rooms▸
Living RoomMain · 14'2 × 16'
Dining RoomMain · 8' × 12'
KitchenMain · 10'5 × 11'6
Primary BedroomMain · 11'11 × 12'2
BedroomMain · 8'11 × 12'3
KitchenBsmt · 8'3 × 12'4
BedroomBsmt · 9'1 × 12'1
BedroomBsmt · 12'7 × 12'11
Living RoomBsmt · 12'5 × 21'
Dining RoomBsmt · 8'3 × 8'3
Floor plan
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Property Details
MLS NumberR3150811
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,072
Lot Size8,952 sqft
Year Built1946
HeatingForced Air
Days on Market24
StatusActive
Listed ByVanak Realty
School Catchment
ElementaryAlouette Elementary
SecondaryMaple Ridge Secondary
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$850,000Median home value
$98,000Median household income
81.8%Owner-occupied
51.2%Single-detached homes
2.5Avg household size
44.4Median age
21.3%Bachelor's degree or higher (25-64)
55.1%Commute under 30 min
89.2%Drive to work
19.8%Foreign-born residents
5,556Neighbourhood population
Age
Under 1515.6%
15 to 6464.9%
65 and over19.5%
Household size
1 person24.9%
234.7%
316.8%
414.9%
5 or more8.6%
Language spoken at home
81% English mother tongue
English + other1.9%
Tagalog1.5%
Mandarin1.2%
Korean1.2%
Punjabi1.1%
Farsi1%
All others11.1%
Mother tongue, share of 5,390 residents.
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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