House for sale
21310 124 Avenue, West Central, Maple Ridge
$1,450,000
Features
Style
Rancher/Bungalow
Year Built
1950
Floor Area
1,743 sqft
Lot Size
13,812 sqft
Lot Frontage
116.34 ft
Laundry Features
In Unit
Exterior Features
No Outdoor Area
Parking Features
Open, Other, RV Access/Parking, Front Access
Property Taxes
$5,980 (2024)
Description
BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot – build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees.Excellent investment and development opportunity!
MLS® Number R3102112