$1,998,000

22213 122 AVENUE, Maple Ridge BC V2X 3X8

4 Beds 2.0 Bath 2,072 Sq Ft Built 1946

Detached

Listed by: Vanak Realty.

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Description

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.

Location

Approximate location supplied by the listing data provider.

Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	4
Bathrooms	2.0
Living Area	2,072 sq ft
Lot Size	8,952 sq ft
Year Built	1946
Stories	2.0
Listing ID	R3150811

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22213 122 AVENUE, Maple Ridge BC V2X 3X8
MLS® R3150811 · $1,998,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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