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$1,998,000

22213 122 Avenue

Lot sq ft
8,952

Land · Listed 2 months ago · MLS® C8080983

Listed by Vanak RealtyPowered by: REALTOR.ca

About this home

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. (id:67498)

Details

MLS® number
C8080983
Property type
Land
Status
Active
City
Maple Ridge
Lot size
8952 square feet
Annual taxes
$5,804 (2025)
Zoning
RS1

Location