11394 240 St, Maple Ridge BC - Single Family Residence for Sale - MLS# R3095791

$1,099,900
Est. Mortgage $4,866/mo
3 Beds
2 Baths
1454 sqft
756 $ /sqft
1940 built
6.0% price reduction
$1,099,900
$1,170,000
Est. $4,866/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 11394 240 Street

6.0% price reduction

Prime building opportunity in the heart of East Maple Ridge. This 15,600 sq ft lot (104 frontage x 150 ft depth) offers exceptional potential for builders and investors. Zoned RS-3 and designated ground oriented residential (GOR) in the official Community Plan, the property allows for up to 4 units, making it well suited for a multiplex, duplex with suites, or other small scale multi-unit development (buyer to verify with City of Maple Ridge) Partial lane access adds further flexibility for site planning and parking configuration. Located along 240 Street, this property benefits from convenient access to major commuter routes including Dewdney Trunk Road and Lougheed Highway. Everyday amenities are minutes away, with shopping and services at Valley Fair Mall and downtown Maple Ridge.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,099,900
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1454
Year Built 1940
Age Of Building 86
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Front Access, Gravel
Total Parking Spaces 4

Lot & Land

Lot Size 15600
Lot Size Depth Feet
Lot Size Frontage 104
MLS® # R3095791
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Postal Code V2W 0B4
Gross Taxes $6,150.8
Zoning RS-3

Property Timeline

Status Date Price
R3095791 / Active 03-03-2026 $1,099,900
R2937645 / Sold 02-26-2025 $1,449,888
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 11'8 x 11'8 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Living Room 19'5 x 19'5 ft
Main Level Kitchen 14' x 14' ft
Main Level Den 11'6 x 11'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Garibaldi Secondary School
1.98 km
Elementary
Blue Mountain Elementary School
2.64 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Meadowridge School
1.7 km
Elementary, Secondary
Meadowridge School
1.7 km

Closest Transit

Bus Stop
Southbound 240 St @ 11500 Block
0.25 km
Skytrain
West Coast Express @ Port Haney Station
3.57 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
17.8%
No Certificate/Degree
Average
14.6%
Owner Occupied
Above Average
78.4%
Employment Rate
Above Average
72.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 11394 240 Street

Mortgage Calculator for 11394 240 Street

/month
Principal & Interest
Property Taxes $513
Maintenance fee 0
Financing 80% of the $1,099,900 asking price over 30 years at 4% results in approximately $4,714/month in total estimated carrying costs, $513 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $3,398/month in rental income, leaving a -$1,456/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Cottonwood MR, Maple Ridge

Beds Home Types Square Feet Lot Size Year Built
This Home $1,099,900
Maple Ridge Loading...
Cottonwood MR Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Maple Ridge, similar Single Family Residences average $1,016,633 across 2 active listings — this listing is 8.2% above the Maple Ridge average. This property is flagged as a Hot Deal (6.0% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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