$3,900,000
2.47 acres 2026 BC Assessed value is $3,372,000 court order sale of development potential land and was previously the subject of a rezoning application with the City of Maple Ridge (Application No. 2018-404-RZ) to rezone from RS-3 to RM-1 (Townhouse Residential). An unapproved concept layout was prepared for 14 townhouse units and 4 single-family lots. The listing consists of two separate legal parcels totaling 2.47 acres (approximately 1.97 acres and 0.50 acres). The eastern portion of the property shows potential for townhouse development, while the western portion is suitable for single-family residential use. Court approval is required for the sale.
| Structures | Land Only |
|---|
| Price | $1,990,888 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | None |
| Lot Size | 2.47 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3076510 |
| Area | Maple Ridge |
| Neighbourhood | Cottonwood MR |
| City | Maple Ridge |
| Postal Code | V2W 1A3 |
| Gross Taxes | $15,692.06 |
| Zoning | RS-3 |
Listed by: RE/MAX LIFESTYLES REALTY
NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
11363 240 Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 88.4% below comparable active properties in Cottonwood MR, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2W 1A3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~12.6 km). Annual avg AQHI 1.8 — Low Risk.
Maple Ridge currently sees ~2 days above 30 °C per year (1981–2010 baseline), projected to rise to ~10 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.6 °C baseline, ~33.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.
Annual precipitation ~1595 mm (1981–2010 baseline), projected ~1657 mm by the 2050s. Extreme 1-day rainfall: ~54.5 mm baseline, ~60.4 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Based on 5 comparable active properties in Cottonwood MR, the average asking price is $3,750,000. This listing is priced 46.9% below the neighbourhood average. This property is flagged as a Hot Deal (Foreclosures, 49.0% price reduction, 88.36% cheaper than comparables) based on its competitive pricing and market demand.
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