The Largest Number of Homes for Sale
Multi-family for sale
11300 Pazarena Place, East Central, Maple Ridge
$18,400,000
$18,400,000
Multi-family for sale
11300 Pazarena Place, East Central, Maple Ridge
Features
Lot Size
25,575 sqft
Gross Property Tax
$15,276.50 /year
Building Type
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Zoning
C-1
Amenities
Balconies, Fitness Facilities, Secured Parking
Suite Mix Information
10 x 1 ½, 6 x 2 ½, 8 x 3 ½
Description
On behalf of Polygon Crestwood Homes Ltd. (“Polygon”), Cushman & Wakefield ULC (“C&W”) is pleased to present to the investment market, a 100% freehold interest in Crestwood, located at 11300 Pazarena Place, Maple Ridge, collectively referred to as the “Property”. Crestwood features 18,491 square feet of residential net rentable area consisting of 24 units: 2 one-bedrooms, 8 one-bedrooms and dens, 6 two-bedrooms, 6 three-bedrooms, and 2 three bedrooms and dens with an average unit size of 770 square feet. In addition, Crestwood includes a fully leased state-of-the-art daycare facility comprised of 7,173 square feet of commercial net rentable area with a fenced outdoor space of 4,430 square feet. The Property is 100% occupied and was built in 2024 by Polygon, known for its meticulous construction practices, and unwavering attention to detail. The property qualifies for CMHC financing, and provides an attractive 4.87% capitalization rate.
MLS® Number C8070330