Arun Rahul Group

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12230 222 Street, Maple Ridge

12230 222 Street, Maple Ridge, British Columbia

$1,998,000
4
Beds
3.0
Baths
2,796
Square feet
0.1658
Acres

About 12230 222 Street

Vanak International Properties is pleased to present an exclusive two-lot development assembly opportunity located at 22213 122 Avenue & 12230 222 Street, Maple Ridge. The properties are being offered together only as one combined development site with a total asking price of $3,996,000 A feasibility study has been prepared for a proposed 6-storey residential apartment development with approximately 52 units and 32,290 sq. ft. of buildable FSR area at 2.0 FSR, subject to City approvals. The concept allows developers to consider multiple exit strategies, including market rental, strata condominium, or mixed-tenure development. The site also benefits from existing holding income of approximately $9,250/month, providing income during the planning and entitlement process. (id:66920)

Key Features

  • 2 Level
  • Carport
  • RV
  • Forced air
  • House
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

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Estimated monthly payment
$9,344
/month · principal + interest

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Listing courtesy of Greater Vancouver REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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