Multi-family for sale

11682 224 Street, East Central, Maple Ridge

$6,999,968 or
$6,999,968 or

Multi-family for sale

11682 224 Street, East Central, Maple Ridge

Features

Lifestyle
224961125 6999968 /en/multi-family~for-sale~east-central-maple-ridge/224961125?view=Summary /en/multi-family~for-sale~east-central-maple-ridge/224961125/photos 49.2146200000 -122.6017600000 true
Year Built
1973
Floor Area
9,500 sqft
Lot Size
8,843 sqft
Gross Property Tax
$22,333 /year
Building Type
See Realtor Remarks
Zoning
RM-2
Suite Mix Information
16 x 1 ½, 5 x 2 ½
Total no. of Units
21

Description

INVESTORS ALERT! 'MARINER'S WATCH' - 21 Unit Apartment Building Fully renovated 19 units out of the 21. CMHC assumable loan in place!!! NOI just under $345,000. The Property is ideally located in central Maple Ridge in an amenity-rich and employment-centric neighbourhood offering an investor stable cash flow in a supply-constrained market. 16 - 1 bedroom units & 5 - 2 bedroom units available. BONUS- ASSUMABLE EXISTING CMHC LOAN IN PLACE $6,402,611
MLS® Number C8056056

Listing REALTOR®

Randy Lim, REALTOR<sup>®</sup>

Randy Lim

REALTOR®

RE/MAX Select Properties

RE/MAX Select Properties,

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
6,999,968 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • 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.
1 1 30843
Back top