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Executive Summary

This property represents a rare development opportunity in the heart of Maple Ridge, a community experiencing strong growth and sustained housing demand. The site is well positioned for a townhouse project, with a rezoning application already advanced through the municipal process. The proposed rezoning from RS-3 to RM-1 will allow for the development of 18 townhouse units, a housing type that continues to perform exceptionally well in the region.

Property Facts

Price $3,056,279 USD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 5.00 AC
Zoning RM-1 - Residential Mixed Use

1 Lot Available

Lot

Price $3,056,279 USD
Price Per AC $611,255.71 USD
Lot Size 5.00 AC

5 acre redevelopment lot available for sale at $4,250,000

Description

This property represents a rare development opportunity in the heart of Maple Ridge, a community experiencing strong growth and sustained housing demand. The site is well positioned for a townhouse project, with a rezoning application already advanced through the municipal process. Council has granted 3rd Reading, and the Seller is actively working to satisfy the remaining conditions for 4th and Final Reading. The proposed rezoning from RS-3 to RM-1 will allow for the development of 18 townhouse units, a housing type that continues to perform exceptionally well in the region. Architectural plans are available upon request, providing a clear path forward for prospective developers. This offering combines location strength, market demand, and reduced entitlement risk, making it an attractive acquisition for builders and investors seeking a streamlined development timeline.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 39978141

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 11405 236 St, Maple Ridge, BC V2W 1G1

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