12230 222 STREET, Maple Ridge BC V2X 5W7
Active
$1,998,000

12230 222 STREET, Maple Ridge BC V2X 5W7

4 bed3 bath2,796 sqftSingle Family Residence

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.

Price
$1,998,000
Type
Single Family Residence
Bedrooms
4
Bathrooms
3
House size
2,796 sqft
Lot size
7,222 sqft
Year built
1980
Days on market
74 days
MLS®
R3150802
Brokerage
Vanak Realty

Schools & neighbourhood

Catchment elementary
Alouette Elementary
579 m away
33%
BC rank
Catchment secondary
Maple Ridge Secondary
2.3 km away
75%
BC rank

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$1,998,000
12230 222 STREET, Maple Ridge BC V2X 5W7
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