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.
Listed by Vanak Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Anthony Drlje 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.
- MLS®: R3150811
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- Square Feet: 2,072 sqft
- Lot Size: 8,952 sqft
- Frontage: 97.00 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $5804.33
- Parking: Additional Parking, Open, RV Access/Parking (1)
- Basement: Finished
- Storeys: 2 storeys
- Year Built: 1946
Browse Photos of 22213 122 Avenue
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Anthony Drlje 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.