3
Bedrooms
1
Bathrooms
1592
Sqft
$1,280,000
Price
About this House in Southwest Maple Ridge
Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject t…o rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
Listed by Royal Pacific Realty (Kingsway) Ltd..
Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
Listed by Royal Pacific Realty (Kingsway) Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Mike Grahame & Tyson Angus for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3075985
- Bedrooms: 3
- Bathrooms: 1
- Type: House
- Square Feet: 1,592 sqft
- Lot Size: 7,000 sqft
- Frontage: 63.76 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $5528.25
- Parking: Garage Single (2)
- Basement: None
- Storeys: 1 storeys
- Year Built: 1957
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Mike Grahame: 604.531.1111 Tyson Angus: 604.531.1111Location
Amenities near 11820 207 Street
Southwest Maple Ridge, Maple Ridge
Latitude: 49.21719118
Longitude: -122.647576606
V2X 1X5
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Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Mike Grahame & Tyson Angus for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.