20138 Lorne Ave, Maple Ridge, BC
$1,899,900
Est. Mortgage /mo
MLS# R3009917
0
sqft
Property Details & Specs
INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.
Property Timeline
Listed by: Royal LePage Elite West & Royal LePage Elite West
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.
Neighborhood & Transit Info
Public Schools
- Elementary
- Hammond Elementary School
- Average
- 0.9 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- MEADOW MONTESSORI
- 0.99 km
- Elementary, Secondary
- Maple Ridge Christian School
- 2.14 km
Closest Transit
- Bus Stop
- Westbound Princess St @ Hampton St
- 0.26 km
- Skytrain
- West Coast Express @ Maple Meadows Station
- 1.40 km
Crime Rate
- Total Crime Rate
- Above Average
- Violent Crime Rate
- Above Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average
- 9.2%
- No Certificate/Degree
- Above Average
- 15.8%
- Owner Occupied
- Average
- 73.1%
- Employment Rate
- Average
- 65.7%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$506
Maintenance fee
0
Based on a 30-year fixed at 4% interest with 20% down ($379,980), the estimated monthly payment for this listing is $7,762/month — $7,256 principal & interest, $506 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
At an estimated rental income of $5,087/month, this property runs a $2,872/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,899,900
Maple ridge
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Southwest Maple Ridge
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No active comparables were found in Southwest Maple Ridge. Based on 3 similar Lands across Maple ridge, the average asking price is $1,969,950 — this listing is 3.6% below the city-wide 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 Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
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
Property FAQs
What are the closest top-rated schools to 20138 Lorne Avenue, Maple Ridge, BC?
The closest top-rated schools are Hammond Elementary School and Maple Ridge Christian School.
Is 20138 Lorne Avenue, Maple Ridge, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 20138 Lorne Avenue, Maple Ridge, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,399.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
