11673 240 St, Maple Ridge BC - Land for Sale - MLS# R3076680

$5,500,000
Est. Mortgage $24,332/mo
0 sqft
25.5% price reduction
$5,500,000
$7,380,000
Est. $24,332/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

Photos

Property Details for 11673 240 Street

25.5% price reduction

Prime 3.28 acre potential townhouse development site in Maple Ridge’s Cottonwood area. Designated Urban Residential in the OCP with potential for townhouse/rowhome development. Well positioned in a rapidly growing neighbourhood with active development nearby and possible assembly opportunity (adjacent 2 acres may be available). Services nearby and close to shopping, amenities, and major transportation routes. An excellent opportunity for developers seeking scale in a strong growth corridor. Contact for more information.

Exterior Features

Structures Land Only

Building Details

Price $5,500,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 3.28
Lot Size Depth Feet
MLS® # R3076680
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Postal Code V4R 1M6
Gross Taxes $51,960.49
Zoning RS3

Property Timeline

Status Date Price
R3076680 / Active 01-05-2026 $5,500,000

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.

Map & Neighbourhood

Public Schools

Elementary
Blue Mountain Elementary School
2.31 km
Secondary
Garibaldi Secondary School
1.83 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
1.15 km
Elementary, Secondary
Meadowridge School
1.15 km

Closest Transit

Bus Stop
Northbound 240 St @ 11500 Block
0.29 km
Skytrain
West Coast Express @ Port Haney Station
3.41 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
17.5%
No Certificate/Degree
Average
13.8%
Owner Occupied
Above Average
80.6%
Employment Rate
Above Average
76.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 11673 240 Street

Mortgage Calculator for 11673 240 Street

/month
Principal & Interest
Property Taxes $4,330
Maintenance fee 0
A 20% down payment of $1,100,000 on this $5,500,000 listing yields an estimated mortgage of $21,006/month (30-year fixed, 4%). Total estimated housing cost: $25,336/month, $4,330 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%
With $12,463/month in estimated rental income against $25,679/month in mortgage payments, the monthly cashflow is -$13,216/month. A 71% down payment would reach break-even.
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 $5,500,000
Maple Ridge Loading...
Cottonwood MR Loading...

Based on 5 comparable active properties in Cottonwood MR, the average asking price is $3,750,000. This listing is priced 46.7% above the neighbourhood average. This property is flagged as a Hot Deal (25.5% 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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