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.
Address
12230 222 Street
List Price
$1,998,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Maple Ridge
Sub-Area
West Central
Bedrooms
4
Bathrooms
3
Floor Area
2,796 Sq. Ft.
Main Floor Area
1404
Lot Size
7222 Sq. Ft.
Lot Size Dimensions
78 x
Lot Size (Acres)
0.17 Ac.
Lot Size Units
Square Feet
Total Building Area
2796
Frontage Length
78
Year Built
1980
MLS® Number
R3150802
Listing Brokerage
Vanak Realty
Basement Area
None
Postal Code
V2X 5W7
Zoning
RS1
Ownership
Freehold NonStrata
Parking
Carport Single, Open, RV Access/Parking, Front Access
Parking Places (Total)
2
Tax Amount
$6,289.00
Tax Year
2025
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Carport
Yes
Carport Spaces
1
Levels
Two
Number Of Floors In Property
2