Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
General Info
Price
$1,280,000
Total Bedrooms
3
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
1592
Lot Size
7000
Lot Size Depth
Feet
Lot Size Frontage
63.76
Basement
None
Basement Features
-
Property Metrics
Year Built
1957
Age Of Building
69
Building Type
Single Family Residence
Property Type
Residential
Stories
1
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3075985
Building Name
-
Area
Maple Ridge
Neighbourhood
Southwest Maple Ridge
City
Maple Ridge
Postal Code
V2X 1X5
Price per Sqft
$804
Gross Taxes
$5,528.25
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
0
Heating Type
Forced Air
Utilities
Utility Type
Community, Electricity Connected, Natural Gas Connected
Utility Sewer
Community, Sanitary Sewer
Water (WaterSource)
Public
Parking
Parking Type
Garage Single
Total Parking Spaces
2
Rooms
Floor
Type
Dimensions
Main Level
Living Room
15'6 x 15'6 ft
Main Level
Primary Bedroom
9'1 x 9'1 ft
Main Level
Bedroom
10'3 x 10'3 ft
Main Level
Bedroom
9'7 x 9'7 ft
Main Level
Kitchen
10'9 x 10'9 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Listed by: Royal Pacific Realty (Kingsway) Ltd.
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
Elementary
Maple Ridge Elementary School
Below Average
0.62 km
1.9/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary, Secondary
Maple Ridge Christian School
0.81 km
Elementary, Secondary
Maple Ridge Christian School
0.81 km
Closest Transit
Bus Stop
Westbound 117 Ave @ Graves St
0.33 km
Skytrain
West Coast Express @ Maple Meadows Station
1.44 km
Crime Rate
Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Average
Demographics
Post-Secondary Education
Below Average
12%
No Certificate/Degree
Above Average
18.2%
Owner Occupied
Average
65.4%
Employment Rate
Average
62.8%
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$461
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $5,350/month in total housing costs on this $1,280,000 property — $4,889 mortgage payment, $461 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%
Based on $3,955/month estimated rent and $5,513/month in total housing costs, this property has a -$1,558/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,280,000
Maple ridge
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Southwest Maple Ridge
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There are currently no active comparable Single Family Residences in Maple ridge to benchmark against. Check back as new listings enter the market.
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 11820 207 Street, Maple Ridge, BC?
The closest top-rated schools are Maple Ridge Elementary School and Maple Ridge Christian School.
Is 11820 207 Street, Maple Ridge, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 11820 207 Street, Maple Ridge, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,680.
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