$5,299,000

12848 240 STREET

Maple Ridge BC V4R 2R8 - Silver Valley

About This Property

EXCEPTIONAL 11 LOT SUBDIVISION OPPORTUNITY. Transform this 1.76-acre Silver Valley property into 11 brand new residential lots. This is a rare, shovel ready development opportunity in Maple Ridge's growth corridor, offering exceptional potential for builders and investors seeking immediate R-2 zoned land. With urban infrastructure already in place and…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Private Yard

Property Details

MLS NumberR3125884
Lot Size76,665.6 sqft
Days on Market170
StatusActive
Listed ByRE/MAX LIFESTYLES REALTY

School Catchment

Elementary Yennadon Elementary
Secondary Garibaldi Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$142,000Median household income
90.5%Owner-occupied
62.6%Single-detached homes
3.1Avg household size
38.4Median age
32.1%Bachelor's degree or higher (25-64)
43.9%Commute under 30 min
93.7%Drive to work
21.8%Foreign-born residents
8,487Neighbourhood population

Age

Under 15: 22.1%15 to 64: 67.2%65 and over: 10.7%
  • Under 1522.1%
  • 15 to 6467.2%
  • 65 and over10.7%

Household size

  • 1 person12.7%
  • 229%
  • 319.3%
  • 422.4%
  • 5 or more16.7%

Language spoken at home

81.4% English mother tongue

  • Mandarin1.9%
  • English + other1.8%
  • Farsi1.1%
  • Punjabi1%
  • Korean0.9%
  • Spanish0.9%
  • All others11%

Mother tongue, share of 8,485 residents.

How this pocket differs

  • notably fewer seniors 65+ than Maple Ridge 10.7% vs 16%
  • more children under 15 than Maple Ridge 22.1% vs 17.7%
  • notably fewer people living alone than Maple Ridge 12.6% vs 22.1%
  • more 5+ person households than Maple Ridge 16.7% vs 11.3%
  • more 4-person households than Maple Ridge 22.3% vs 17.7%
  • Median household income is notably higher than Metro Vancouver $142,000 vs $90,000

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

Monthly Cost Calculator

Estimated monthly cost $26,201
Mortgage payment$24,487
Property tax$1,215
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 Nov 4

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