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About This Property
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
Property Details
School Catchment
Neighbourhood
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
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.
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