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$ 8,900,000
Est. payment | /mo
1.3 Acres Lot
$ 8,900,000
Est. payment | /mo
1.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8081473
Lot Size 1.300 Acres
Property Sub-Type Multi Family
Property Description
An exceptional development opportunity in the heart of Maple Ridge. This 1.344-acre development site offers a highly advanced, permit-ready project with a Development Permit already issued for 106 residential units plus a daycare facility. With the project positioned to proceed directly into the Building Permit stage, a significant portion of the entitlement and planning process has already been completed, allowing a purchaser to substantially reduce development timelines and entitlement risk. Ideally suited for a seasoned developer, builder, or investor looking for a near-term development opportunity in one of the Fraser Valley's growing urban centers. The property is centrally located in Downtown Maple Ridge, providing convenient access to transit, shopping, restaurants, schools, parks, services, and major transportation routes. A rare opportunity to acquire a shovel-ready multifamily development site with density secured and a clear path toward construction.
Location
Province BC
Community West Central
Area Maple Ridge
Zoning CD-6-21
Building
Sewer Public Sewer
Water Public
Others
Restrictions Restrictive Covenant
Ownership Freehold
Schools and Properties Nearby
Learn More About LPT Realty
Karan Kundhal PREC*
Agent License ID: 188983