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
-
Rooms
Floor
Type
Dimensions
Main Level
Living Room
20' x 20' ft
Main Level
Dining Room
10' x 10' ft
Main Level
Kitchen
12' x 12' ft
Main Level
Bedroom
16' x 16' ft
Main Level
Bedroom
11' x 11' ft
Main Level
Bedroom
11' x 11' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
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 fee0
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 Payment0%
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
This Home
$2,699,999
Maple Ridge
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Cottonwood MR
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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
What are the closest top-rated schools to 11403 240 Street, Maple Ridge, BC?
The closest top-rated schools are Garibaldi Secondary School and Blue Mountain Elementary School.
Is 11403 240 Street, Maple Ridge, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 11403 240 Street, Maple Ridge, BC?
With a standard down payment, the estimated monthly mortgage is approximately $16,200.
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