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$1,998,000

12230 222 Street

Beds
4
Baths
3
Sq ft
2,796
Per sq ft
$715

House · Listed 3 months ago · MLS® R3150802

Listed by Vanak RealtyPowered by: REALTOR.ca

About this home

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. (id:67498)

Details

MLS® number
R3150802
Property type
House
Building type
House
Status
Active
City
Maple Ridge
Bedrooms
4
Bathrooms
3
Living area
2,796 sq ft
Lot size
7222 square feet
Year built
1980
Parking
2 — Carport, RV
Annual taxes
$6,289 (2025)
Heating
Forced air
Fireplaces
1

Location