12230 222 ST, Maple Ridge, BC V2X 5W7
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$ 1,998,000
Est. payment | /mo

7,405 Sqft Lot


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$ 1,998,000
Est. payment | /mo
Save

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

REBGV/FVREB/Chilliwack (Commercial IDX)
Nearby Locations
Harman Tuhan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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12230 222 ST