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.
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Lot Size (Acres)
0.21 Ac.
Lot Size Units
Square Feet
Listing Brokerage
Vanak Realty
Ownership
Freehold NonStrata
Parking
Additional Parking, Open, RV Access/Parking
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Number Of Floors In Property
2