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British Columbia
Maple Ridge
11867 222 STREET

$4,890,000

11867 222 STREET, Maple Ridge, British Columbia, V2X 5V4

MLS® # C8078916

Maple Ridge BC, V2X 5V4

MLS® # C8078916

Property Information:

Rare multifamily redevelopment opportunity in the heart of Maple Ridge Town Centre. Situated on a large 18,203 sqft corner lot with approximately 167 ft of frontage and rear lane access, 11867 222 Street offers exceptional long-term redevelopment potential within the Town Centre Flexible Mixed-Use OCP designation. The existing 21-unit apartment building provides stable holding income. The site's corner configuration, strong frontage, existing multifamily use, and rear lane access create an increasingly rare and highly functional redevelopment opportunity for multifamily or mixed-use developers. Centrally located close to transit, shopping, schools, parks, and Downtown Maple Ridge amenities. A unique opportunity to acquire a strategic income-producing redevelopment asset within one of Metro Vancouver's evolving urban growth corridors. (id:27)

Property Features:

Property Type: Multi-family
Built in: 1964
Irregular: Yes
Lot Size: 18208.00 Square Feet
Utility Type: Cable - Available, Hydro - Available, Natural Gas - Available, Telephone - Available
Zoning: RM-2

Courtesy of: Investave Properties Ltd.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 11867 222 STREET, Maple Ridge, British Columbia, V2X 5V4

Lifestyle
Neighbourhood

Demographic Information of 11867 222 STREET, Maple Ridge, British Columbia, V2X 5V4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$108,209.02

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.59 %

High school certificate or equivalent

33.86 %

Apprenticeship trade certificate/diploma

10.14 %

College/non-university certificate

19.57 %

University certificate (below bachelor)

1.18 %

University Degree

13.65 %

Commuter

Travel To Work

By Car

86.85 %

By Public Transit

8.67 %

By Walking

2.35 %

By Bicycle

0.0 %

By Other Methods

2.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.5 %

Houses

54.5 %

Own Vs. Rent