4 Bedroom 2 Bathroom 1,743 sqft
Bungalow Forced Air
$1,450,000
BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot - build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees. Excellent investment and development opportunity! (id:17816)
Property Details
| MLS® Number | R3102112 |
| Property Type | Single Family |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Amenities | Laundry - In Suite |
| Architectural Style | Bungalow |
| Constructed Date | 1950 |
| Construction Style Attachment | Detached |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,743 Sqft |
| Type | House |
Parking
Land
| Acreage | No |
| Size Frontage | 116 Ft ,4 In |
| Size Irregular | 13812 |
| Size Total | 13812 Sqft |
| Size Total Text | 13812 Sqft |
https://www.realtor.ca/real-estate/29499191/21310-124-avenue-maple-ridge
