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22213 122 Avenue Maple Ridge, British Columbia V2X 3X8

$1,998,000

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:54441)

Property Details

MLS® Number C8080983
Property Type Vacant Land

Building

Land

Acreage No
Sewer Septic System
Size Irregular 8952
Size Total 8952 Sqft
Size Total Text 8952 Sqft
Zoning Description Rs1

Utilities

Electricity Available
Natural Gas Available
Sewer Available

https://www.realtor.ca/real-estate/30114512/22213-122-avenue-maple-ridge

Interested?

Contact us for more information


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Moe Moghadasian

(604) 219-9744
www.vanakproperties.com/

Vanak Realty
#112 - 828 Harbourside Drive
North Vancouver, British Columbia V7P 3R9

(604) 248-4746
(604) 630-7279
www.vanakproperties.com

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