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23315 122 Av 4.06 Acres of Residential Land Offered at $11,999,000 CAD in Maple Ridge, BC V2X 3Y5
INVESTMENT HIGHLIGHTS
- 4.057-Acre Infill Site – Zoned RS-1b with no rezoning required, streamlining development in Central Maple Ridge.
- Flexible Zoning Options – Urban Residential designation allows for added RM-1 zoning possibilities, including duplexes and triplexes.
- Up to 80 Units Possible – Potential 20-lot subdivision with up to 4 units per lot under new SSMUH legislation (buyer to verify).
EXECUTIVE SUMMARY
Exciting and rare development opportunity in Central Maple Ridge! This 4.057-acre property is zoned RS-1b and does not require rezoning, offering a streamlined path to development. Preliminary studies suggest potential for a 20-lot subdivision under current zoning. Each lot may support up to 4 units under new provincial Small-Scale Multi-Unit Housing (SSMUH) legislation, allowing for a possible total of 80 units (buyer to confirm with City). Additionally, the Urban Residential land use designation permits RM-1 zoning, limited to two-family and triplex forms, providing added flexibility. Located close to schools, parks, and urban amenities. A prime opportunity for builders and investors'verify all details with the City of Maple Ridge.
PROPERTY FACTS
| Price | $11,999,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.06 AC |
| Property Type | Land | ||
| Zoning | RS-1B - Residential | ||
| Price | $11,999,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 4.06 AC |
| Zoning | RS-1B - Residential |
1 LOT AVAILABLE
Lot
| Price | $11,999,000 CAD | Lot Size | 4.06 AC |
| Price Per AC | $2,955,418.72 CAD |
| Price | $11,999,000 CAD |
| Price Per AC | $2,955,418.72 CAD |
| Lot Size | 4.06 AC |
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23315 122 Av
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