Arun Rahul Group

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22213 122 Avenue, Maple Ridge

22213 122 Avenue, Maple Ridge, British Columbia

$1,998,000
4
Beds
2.0
Baths
2,072
Square feet
0.2055
Acres

About 22213 122 Avenue

Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City approval. Potential development options include market rental, strata, or mixed tenure. Existing holding income of approximately $9,250/month ($111,000/year) provides cash flow during the rezoning and entitlement process. Proposed rezoning from RS-1 to RM-2. Full marketing package available upon request. (id:66920)

Key Features

  • 2 Level
  • RV
  • Forced air
  • House
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

Payment Calculator

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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