12230 222 Street, Maple Ridge, British Columbia V2X 5W7

Listed for:
$1,998,000
4 beds
3 baths
Listed 31 days ago
House for rent: 12230 222 Street, Maple Ridge, British Columbia V2X 5W7

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About

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:27476)

Property Highlights

MLS® Number
R3150802
Type
Single Family
Ownership Type
Freehold
Land Size
7222 sqft
Parking Space Total
2

Building

Building Type
House
Square Footage
2796 sqft
Bathrooms Total
3
Bedrooms Total
4
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Vanak Realty
MLS® number:
R3150802
Agent:
Moe Moghadasian
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Street Spotlight - For sale