Multi-family

12323 222 STREET

Maple Ridge, BC

MLS® C8081473 · 15 days on market

$8,900,000

1.3 acres

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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. (id:63159)

Property Details

Property & Lot

Lot size
1.3 acres
Annual property tax
$0 (2025)
Brokerage
Sutton Premier Realty

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 54%

Wind W 5 km/h

Today

20°

Tonight

14°

Thursday

20°

Thursday night

13°

Friday

18°

Friday night

14°

Source: Environment and Climate Change Canada.

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