22213 122 Avenue

House for sale in Maple Ridge — $1,998,000

Key facts

• Type: House
• Price: $1,998,000
• Bedrooms: 4
• Bathrooms: 2
• Living area: 2,072 sq ft
• Lot: 8,952 sq ft
• Year built: 1946
• City: Maple Ridge
• MLS® number: R3150811
• Agent: Century 21
• Brokerage: Century 21 Canada

Description

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.

See the original listing at Century 21

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