11403 240 St, Maple Ridge, BC

$2,699,999
Est. Mortgage /mo

MLS® R3089966

3 Beds
1 Baths
1302 sqft
2074 $ /sqft
1940 Built
$2,699,999
Est. /mo with 20% down
$2,074/sqft · Tax $14,083/2025
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

TOWNHOUSE SITE! Potential yield of 18 units. Cottonwood Development Area - 1.15 acre, future development property located in area of new homes. Part, unfinished basement for utility/laundry room. With Detached 30'x42' garage/workshop, fully insulated with room for 8 or more cars. Old time double carport. Mostly level land, gated with 140 foot frontage onto 240th. Read for you to move in now or rent & develop later.

General Info

Price $2,699,999
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1302
Lot Size 1.15
Lot Size Depth Feet
Lot Size Frontage -
Basement Partial, Unfinished
Basement Features -

Property Metrics

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

Additional Details

MLS® # R3089966
Building Name -
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Postal Code V2W 1A3
Price per Sqft $2,074
Gross Taxes $14,082.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

Utility Type Electricity Connected
Utility Sewer Other
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces -
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.

Neighborhood & Transit Info

Public Schools

Secondary
Garibaldi Secondary School
2.02 km
Elementary
Blue Mountain Elementary School
2.66 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
1.68 km
Elementary, Secondary
Meadowridge School
1.68 km

Closest Transit

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

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
17.5%
No Certificate/Degree
Average
13.8%
Owner Occupied
Above Average
80.6%
Employment Rate
Above Average
76.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $1,174
Maintenance fee 0
Financing 80% of the $2,699,999 asking price over 30 years at 4% results in approximately $11,486/month in total estimated carrying costs, $1,174 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 $6,674/month in rental income, leaving a -$5,036/month cashflow at current carrying costs. Investors targeting break-even would need roughly 60% 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 $2,699,999
Maple Ridge Loading...
Cottonwood MR Loading...
This listing has no active comparable properties in Maple Ridge at present. The price evaluation chart will update as similar listings become available.
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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