12848 240 St, Maple Ridge BC - Land for Sale - MLS# R3125884

$5,299,000
Est. Mortgage $23,443/mo
0 sqft
$5,299,000
Est. $23,443/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 12848 240 Street

EXCEPTIONAL 11 LOT SUBDIVISION OPPORTUNITY. Transform this 1.76-acre Silver Valley property into 11 brand new residential lots. This is a rare, shovel ready development opportunity in Maple Ridge's growth corridor, offering exceptional potential for builders and investors seeking immediate R-2 zoned land. With urban infrastructure already in place and parkland adjacency creating a desirable private setting, this property is positioned for success. The surrounding diverse uses further support residential growth and long term market strength. Whether you are an experienced developer or investor pursuing your next major project, this turnkey subdivision provides genuine entry into Maple Ridge's strong residential market.

Exterior Features

Exterior Features Private Yard
Structures Land Only

Building Details

Price $5,299,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 1.76
Lot Size Depth Feet
MLS® # R3125884
Area Maple Ridge
Neighbourhood Silver Valley
City Maple Ridge
Postal Code V4R 2R8
Gross Taxes $14,575.67
Zoning RS-3

Property Timeline

Status Date Price
R3125884 / Active 05-20-2026 $5,299,000

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
Yennadon Elementary School
1.41 km
Secondary
Garibaldi Secondary School
2.27 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
1.24 km
Elementary, Secondary
Meadowridge School
1.24 km

Closest Transit

Bus Stop
Westbound 130 Ave @ 239B St
0.53 km
Skytrain
West Coast Express @ Port Haney Station
4.41 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
23.1%
No Certificate/Degree
Below Average
10.9%
Owner Occupied
Above Average
79.7%
Employment Rate
Above Average
66.5%

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 12848 240 Street

Mortgage Calculator for 12848 240 Street

/month
Principal & Interest
Property Taxes $1,215
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $21,454/month in total housing costs on this $5,299,000 property — $20,239 mortgage payment, $1,215 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%
Based on $12,007/month estimated rent and $21,785/month in total housing costs, this property has a -$9,778/month cashflow. Break-even down payment: approximately 59%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Silver Valley, Maple Ridge

Beds Home Types Square Feet Lot Size Year Built
This Home $5,299,000
Maple Ridge Loading...
Silver Valley Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Maple Ridge, similar properties average $2,532,133 across 7 active listings — this listing is 109.3% above the Maple Ridge average.

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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