$4,250,000
A outstanding development opportunity located in the heart of Maple Ridge. The rezoning application is well advanced. Council has granted 3rd Reading, and the Seller is actively working to meet the final conditions required before 4th and Final Reading. The proposed rezoning from RS-3 to RM-1 will allow for 18 generously sized townhouse units, offering floor plans that are in high demand across one of the region's best performing housing types. Architectural plans are available upon request. This is a rare, low risk opportunity in a growing and vibrant community. Serious buyers are encouraged to act quickly.
| Exterior Features | Private Yard |
|---|---|
| Structures | Land Only |
| Price | $3,750,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 5 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3103246 |
| Area | Maple Ridge |
| Neighbourhood | Cottonwood MR |
| City | Maple Ridge |
| Postal Code | V2W 1G1 |
| Gross Taxes | $12,520.82 |
| Zoning | RS-3 |
Listed by: RE/MAX LIFESTYLES 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
▼ 4.8% Year-over-Year
40
-16.7%435
+2.4%Average Days on Market (DOM) is 75 days.
Sales-to-Active Ratio: 9.2%
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Based on 5 comparable active properties in Cottonwood MR, the average asking price is $3,750,000. This listing is priced 0% below the neighbourhood average. This property is flagged as a Hot Deal (11.8% price reduction) based on its competitive pricing and market demand.
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