BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot – build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees. Excellent investment and development opportunity!
Address
21310 124 Avenue
List Price
$1,450,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow
Structure Type
Residential Detached
Transaction Type
Sale
Area
Maple Ridge
Sub-Area
West Central
Bedrooms
4
Bathrooms
2
Floor Area
1,743 Sq. Ft.
Main Floor Area
1743
Lot Size
13812 Sq. Ft.
Lot Size Dimensions
116.34 x 119.06
Lot Size (Acres)
0.32 Ac.
Lot Size Units
Square Feet
Total Building Area
1743
Frontage Length
116.34
Year Built
1950
MLS® Number
R3102112
Listing Brokerage
Team 3000 Realty Ltd.
Basement Area
None
Postal Code
V2X 4G9
Zoning
RS-1
Ownership
Freehold NonStrata
Parking
Open, Other, RV Access/Parking, Front Access
Tax Amount
$5,980.54
Tax Year
2024
Site Influences
No Outdoor Area
Exterior Features
No Outdoor Area
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Laundry Features
In Unit
Number Of Floors In Property
1