NEW

11394 240 St, Maple Ridge, BC

$1,170,000
Est. Mortgage /mo

MLS® R3095791

3 Beds
2 Baths
1454 sqft
805 $ /sqft
1940 Built
$1,170,000
Est. /mo with 20% down
$805/sqft · Tax $6,151/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Prime building opportunity in the heart of East Maple Ridge. This 15,600 sq ft lot (104 frontage x 150 ft depth) offers exceptional potential for builders and investors. Zoned RS-3 and designated ground oriented residential (GOR) in the official Community Plan, the property allows for up to 4 units, making it well suited for a multiplex, duplex with suites, or other small scale multi-unit development (buyer to verify with City of Maple Ridge) Partial lane access adds further flexibility for site planning and parking configuration. Located along 240 Street, this property benefits from convenient access to major commuter routes including Dewdney Trunk Road and Lougheed Highway. Everyday amenities are minutes away, with shopping and services at Valley Fair Mall and downtown Maple Ridge.

General Info

Price $1,170,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1454
Lot Size 15600
Lot Size Depth Feet
Lot Size Frontage 104
Basement None
Basement Features -

Property Metrics

Year Built 1940
Age Of Building 86
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3095791
Building Name -
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Postal Code V2W 0B4
Price per Sqft $805
Gross Taxes $6,150.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Front Access, Gravel
Total Parking Spaces 4
Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast 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.

Neighborhood & Transit Info

Public Schools

Secondary
Garibaldi Secondary School
1.98 km
Elementary
Blue Mountain Elementary School
2.64 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Meadowridge School
1.7 km
Elementary, Secondary
Meadowridge School
1.7 km

Closest Transit

Bus Stop
Southbound 240 St @ 11500 Block
0.25 km
Skytrain
West Coast Express @ Port Haney Station
3.57 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
17.8%
No Certificate/Degree
Average
14.6%
Owner Occupied
Above Average
78.4%
Employment Rate
Above Average
72.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $513
Maintenance fee 0
Financing 80% of the $1,170,000 asking price over 30 years at 4% results in approximately $4,982/month in total estimated carrying costs, $513 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $3,615/month in rental income, leaving a -$1,516/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,170,000
Maple Ridge Loading...
Cottonwood MR Loading...
Comparable data is unavailable at the neighbourhood level. City-wide in Maple Ridge, similar Single Family Residences average $1,040,000 across 2 active listings — this listing is 12.5% above the Maple Ridge average.
Data is based on list prices of similar active listings. 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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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