Located in the heart of Maple Ridge on Lougheed Hwy, this property consists of 3 or 5 lots that have been designated as Medium Density, allowing for the construction of Low-rise condos between 4-6 storeys. The Official Community Plan (OCP) permits medium density multi-family housing with a maximum Floor Space Ratio (FSR) of 2.5. The value of this property lies in the land, and it is being sold as is, making it an ideal opportunity for developers, builders, and investors.
This property, with a land size of 9036 sqft, is currently for sale and offers convenient access to nearby shopping amenities. Situated at 21896 Lougheed Highway in the city of Maple Ridge, British Columbia, it features a total of 6 bedrooms and 2 bathrooms, with heating provided by baseboard heaters. The property type is a duplex, and it is being offered as freehold ownership. The postal code for this property is V2X2S4.