Commercial Land for sale

11403 240 Street, Cottonwood MR, Maple Ridge

$3,388,888 or
Commercial Land for sale in Cottonwood MR, Maple Ridge, Maple Ridge, 11403 240 Street, 224961881 | Realtylink.org
$3,388,888 or

Commercial Land for sale

11403 240 Street, Cottonwood MR, Maple Ridge

Features

Lifestyle
224961881 3388888 /en/commercial-land~for-sale~cottonwood-mr-maple-ridge/224961881?view=Summary /en/commercial-land~for-sale~cottonwood-mr-maple-ridge/224961881/photos 49.2094700000 -122.5576100000 true
Year Built
Old Timer
Lot Size
50,094 sqft
Gross Property Tax
$9,651.81 /year
Zoning
RS-3
Subject Property Width
140 ft
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community

Description

TOWNHOUSE SITE! This exceptional townhouse development site presents a prime opportunity in the coveted Cottonwood Development Area, boasting a substantial 1.15-acre parcel with a potential yield of 18 units. Situated amidst the burgeoning landscape of new homes, this future development property offers a partially unfinished basement ideal for utility and laundry purposes. The property features a detached 30x42 garage/workshop, fully insulated and accommodating 8 or more cars, along with an old-time double carport. The mostly level land is gated with an impressive 140-foot frontage onto 240th, providing accessibility and visibility. Whether for immediate occupancy, rental income, or strategic development in the future, this versatile and well-located property offers a range of possibilities for the discerning investor or developer.
MLS® Number C8056812

Listing REALTOR®

Andreas Yuan, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Andreas Yuan

REALTOR®, Personal Real Estate Corporation

Sutton Group-Alliance R.E.S.

Sutton Group-Alliance R.E.S.,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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