12274 228 Street, Maple Ridge, British Columbia V2X 6M4

Listed for:
$2,469,000
0 beds
0 baths
Listed 14 days ago
12274 228 Street, Maple Ridge, British Columbia V2X 6M4

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Learn more about this property
Listing provided by:
RE/MAX Sabre Realty Group
MLS® number:
R2848159
Agent:
Alan Eagleton
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About

Great DEVELOPMENT Opportunity. Official Community Plan (OCP) supports a range of zoning options, including R-1 Residential District, CD-1-93 Amenity Residential District, R-2 Special Amenity Residential District, RS-1B One Family Urban Medium Density Residential, RT-1 Two Family Urban Residential, RT-2 Ground-Oriented Residential Infill (limited to Triplex Residential uses only), 19,000 Square Foot lot, the possibilities are endless, Hold, Develop or Build. BONUS ++ Two houses 4 rental incomes = positive cash flow while taking through subdivision. One split entry home with 3 bedrooms up and a 2 bedroom basement suite. The other house is a Duplex with 1 and 2 bedroom units, Great Investment Opportunity! (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Recreation, Shopping

Location

Summary

Conveniently situated near recreational and shopping facilities, this property offers a great opportunity for development. With a Freehold ownership type and an Official Community Plan (OCP) that supports various zoning options, including residential districts and special amenity residential districts, the potential for this 19,000 square foot lot is limitless. Whether you choose to hold, develop, or build on this property, the possibilities are endless. Additionally, the property includes two houses that generate rental income, providing a positive cash flow while going through the subdivision process. One of the houses features a split entry home with 3 bedrooms upstairs and a 2 bedroom basement suite, while the other is a duplex with 1 and 2 bedroom units, making it a great investment opportunity.

Currently available for sale, this property boasts a land size of 18,995 square feet and is surrounded by land amenities such as recreation and shopping. Situated on 12274 228 Street in the city of Maple Ridge, British Columbia, the property is easily accessible with a postal code of V2X6M4.