Vacant Land

10869 10911 248 STREET

Maple Ridge, BC

MLS® C8081927 · 1 day on market

$6,250,000

6.8 acres

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Description

An exceptional opportunity to acquire two contiguous, side-by-side parcels totalling approximately 6.76 acres of RS-3 zoned land in Maple Ridge's desirable Albion neighbourhood. Each property features a single-family residence, providing potential holding income while buyers pursue future redevelopment and rezoning opportunities. The properties are designated for Townhouse use under the Official Community Plan (OCP), creating compelling long-term redevelopment potential. With significant land area, a growing residential community, and OCP support for townhouse use, this offering presents an attractive opportunity for developers and investors. Primary value is in the land and its future potential. Purchasers are advised to conduct their own independent due diligence with the City of Maple Ridge regarding zoning, density, servicing, development requirements, and potential rezoning. (id:63159)

Property Details

Property & Lot

Year built
1969
Lot size
6.8 acres

Building & Utilities

Sewer
Septic System
Utilities
Natural Gas, Electricity
Annual property tax
$55,568.7 (2025)
Brokerage
RE/MAX Real Estate Services

Location Insights

Population

90,990

(2021 Census)

+10.6% since 2016

Density
339.7/km²
Dwellings
34,254
Median household income
$105,000
After-tax
$92,000
Immigrant population
22.5%

Top countries of origin

  • United Kingdom2.8% · 2,570
  • Philippines2.2% · 2,000
  • India1.8% · 1,615
  • China1.5% · 1,410
  • Iran1.1% · 995
  • Korea, South0.9% · 860
  • United States of America0.8% · 735
  • Germany0.6% · 555

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Pitt Meadows

22°C

Humidity 51%

Wind W 11 km/h

Today

19°

Tonight

13°

Sunday

20°

Sunday night

13°

Monday

18°

Monday night

13°

Source: Environment and Climate Change Canada.

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