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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
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 4.06 AC
Zoning RM-1 - Multiple Dwelling District

1 Lot Available

Lot 2

Price $11,999,000 CAD
Price Per AC $2,955,418.72 CAD
Lot Size 4.06 AC

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.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
  • Listing ID: 36542201

  • Date on Market: 2025-06-30

  • Last Updated:

  • Address: 23315 122 Av, Maple Ridge, BC V2X 3Y5

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