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. (id:374)
| MLS # | R3150811 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1946 |
| Days On Site | 85 |
| Listing Provided By | Vanak Realty | Moe Moghadasian |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,072 |
| Basement | Y |
| Acreage | 0.21 |
| Heating | Forced air |
|---|---|
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Parking Features | RV |
|---|---|
| Parking Total | 1 |
| Tax Annual Amount | 5804.33 |
|---|---|
| Tax Year | 2025 |
| Province | BC |
|---|---|
| City | Maple Ridge |
| Postal Code | V2X3X8 |
| Listing VS Median (in V2X3X8) | |
Price: $1,998,000 low | high Med: $493,500 sqft: 2,072 low | high Med: 920 $ / sqft: $964 low | high Med: $536 On site: 85 low | high Med: 182 | |
| Province | BC |
|---|---|
| City | Maple Ridge |
| Postal Code | V2X3X8 |
| Listing VS Median (in V2X3X8) | |
Price: $1,998,000 low | high Med: $493,500 sqft: 2,072 low | high Med: 920 $ / sqft: $964 low | high Med: $536 On site: 85 low | high Med: 182 | |