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$ 1,998,000
Est. payment | /mo
7,405 Sqft Lot
$ 1,998,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8080982
Lot Size 7,405 Sqft
Property Description
Vanak International Properties is pleased to present an exclusive two-lot development assembly opportunity located at 22213 122 Avenue & 12230 222 Street, Maple Ridge. The properties are being offered together only as one combined development site with a total asking price of $3,996,000 A feasibility study has been prepared for a proposed 6-storey residential apartment development with approximately 52 units and 32,290 sq. ft. of buildable FSR area at 2.0 FSR, subject to City approvals. The concept allows developers to consider multiple exit strategies, including market rental, strata condominium, or mixed-tenure development. The site also benefits from existing holding income of approximately $9,250/month, providing income during the planning and entitlement process.
Location
Province BC
Community West Central
Area Maple Ridge
Zoning RS1
Exterior
Utilities Available Electricity Connected, Garbage Collection, Natural Gas Connected
Building
Sewer Public Sewer, Sanitary Sewer
Water Public
Others
Ownership Freehold

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