20963 Lougheed Highway, Southwest Maple Ridge, Maple Ridge

$16,800,000 |   MLS® Number  C8061730

Commercial Land for sale in Southwest Maple Ridge, Maple Ridge, Maple Ridge, 20963 Lougheed Highway, 224966799 | Realtylink.org

Commercial Land for sale

Lot Size
87,120 sqft
Zoning
CS-3 RECREATIONAL
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
75

This project is suitable in today's market for market condominium or market rental residential development. British Columbia has a shortage of housing and by 2030, there will be 610,000 units above the usual rate of housing construction, in order to bring housing affordability back. The project is ideally situated on Lougheed Hwy, with 2 acres in size, and in close proximity to Ridge Meadows Hospital. Upon a successful rezoning, this project may add approx. 250 units to Maple Ridge, where attached midrise is much needed. Under 5 storey residential homes account for only 8.6% of homes in Maple Ridge. The project is only 1 km from the Ridge Meadows Hospital, and 1.8 km from the Golden Ears Bridge connecting to Hwy 1. It offers a convenient and likely, a relatively affordable housing location for people working in the area or along Hwy 1.