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:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
116.33 x 0 ft
Municipal ID
009-265-201
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
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
Type
House
Parking Spaces
Name
Spaces
Other
RV
Land
Total Size
13812 square feet
Size of Irregular Land
13812
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