4 Bedroom
2 Bathroom
1,743 ft2
Bungalow
Forced Air
$1,450,000
BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot - build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees. Excellent investment and development opportunity! (id:62739)
Property Details
|
MLS® Number
|
R3102112 |
|
Property Type
|
Single Family |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
4 |
|
Amenities
|
Laundry - In Suite |
|
Architectural Style
|
Bungalow |
|
Constructed Date
|
1950 |
|
Construction Style Attachment
|
Detached |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,743 Ft2 |
|
Type
|
House |
Parking
Land
|
Acreage
|
No |
|
Size Frontage
|
116 Ft ,4 In |
|
Size Irregular
|
13812 |
|
Size Total
|
13812 Sqft |
|
Size Total Text
|
13812 Sqft |
https://www.realtor.ca/real-estate/29499191/21310-124-avenue-maple-ridge