23315 122 Ave, Maple Ridge, BC

$11,999,000
Est. Mortgage /mo

MLS# R3015950

0 sqft
$11,999,000
Est. /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

Property Details & Specs

Exciting and rare development opportunity in Central Maple Ridge! This 4.057-acre property is zoned RS-1b and does not require rezoning, offering a streamlined path to development. Preliminary studies suggest potential for a 20-lot subdivision under current zoning. Each lot may support up to 4 units under new provincial Small-Scale Multi-Unit Housing (SSMUH) legislation, allowing for a possible total of 80 units (buyer to confirm with City). Additionally, the Urban Residential land use designation permits RM-1 zoning, limited to two-family and triplex forms, providing added flexibility. Located close to schools, parks, and urban amenities. A prime opportunity for builders and investors—verify all details with the City of Maple Ridge.

General Info

Price $11,999,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 4.05
Lot Size Depth Feet
Lot Size Frontage -
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R3015950
Building Name -
Area Maple Ridge
Neighbourhood East Central
City Maple Ridge
Postal Code V2X 3Y5
Price per Sqft -
Gross Taxes $1,355.12
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning RS-1B
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3015950 / Active 06-11-2025 $11,999,000
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.

Neighborhood & Transit Info

Public Schools

Elementary
Harry Hooge Elementary School
0.47 km

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

Private Schools

Elementary
St.Patrick's School
1.38 km
Elementary, Secondary
Meadowridge School
1.47 km

Closest Transit

Bus Stop
Northbound 232 St @ 122 Ave
0.15 km
Skytrain
West Coast Express @ Port Haney Station
2.47 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
13.7%
No Certificate/Degree
Average
14.2%
Owner Occupied
Average
64.2%
Employment Rate
Average
61.9%

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

Neighbourhood Video

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $113
Maintenance fee 0
A 20% down payment of $2,399,800 on this $11,999,000 listing yields an estimated mortgage of $45,828/month (30-year fixed, 4%). Total estimated housing cost: $45,941/month, $113 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $24,717/month in estimated rental income against $46,540/month in mortgage payments, the monthly cashflow is -$21,823/month. A 59% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $11,999,000
Maple Ridge Loading...
East Central Loading...
This $11,999,000 listing sits 721.8% above the East Central average of $1,460,000 for similar 0-bedroom Lands (5 active comparables).
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

No comparables

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 23315 122 Avenue, Maple Ridge, BC?
The closest top-rated schools are Harry Hooge Elementary School and Meadowridge School.
Is 23315 122 Avenue, Maple Ridge, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 23315 122 Avenue, Maple Ridge, BC?
With a standard down payment, the estimated monthly mortgage is approximately $71,994.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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