12230 222 Street, Maple Ridge, BC V2X5W7
Property Overview
- Detached Home Type
- House Building Type
- 7405 Sqft Lot Size
- West CentralCommunity
- 4 Beds
- 3 Full Baths
- 0 Half Baths
- 2 Parking Space(s)
- 1980 Year Built
- — Property Taxes
- 33 days Days on Market
- R3150802 MLS® #
- $715 Price / Sqft
- RS1 Land Use
- Two Storey Style
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Description
Vanak International Properties is pleased to present an exclusive two-lot development assembly opportunity located at 22213 122 Avenue & 12230 222 Street, Maple Ridge. The properties are being offered together only as one combined development site with a total asking price of $3,996,000 A feasibility study has been prepared for a proposed 6-storey residential apartment development with approximately 52 units and 32,290 sq. ft. of buildable FSR area at 2.0 FSR, subject to City approvals. The concept allows developers to consider multiple exit strategies, including market rental, strata condominium, or mixed-tenure development. The site also benefits from existing holding income of approximately $9,250/month, providing income during the planning and entitlement process.
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