20138 Lorne Ave, Maple Ridge, BC

$1,899,900
Est. Mortgage /mo

MLS® R3009909

3 Beds
1 Baths
1433 sqft
1326 $ /sqft
1940 Built
$1,899,900
Est. /mo with 20% down
$1,326/sqft · Tax $6,072/2022
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

INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.

General Info

Price $1,899,900
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1433
Lot Size 19236
Lot Size Depth Feet
Lot Size Frontage 160.02
Basement Crawl Space
Basement Features -

Property Metrics

Year Built 1940
Age Of Building 85
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3009909
Building Name -
Area Maple Ridge
Neighbourhood Southwest Maple Ridge
City Maple Ridge
Postal Code V2X 1G1
Price per Sqft $1,326
Gross Taxes $6,071.88
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace -
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 Detached, Open, RV Access/Parking, Front Access
Total Parking Spaces 10
Listed by: Royal LePage Elite West & Royal LePage Elite West

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
Hammond Elementary School
Average
0.9 km
6.9/10

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

Private Schools

Elementary
MEADOW MONTESSORI
0.99 km
Elementary, Secondary
Maple Ridge Christian School
2.14 km

Closest Transit

Bus Stop
Westbound Princess St @ Hampton St
0.26 km
Skytrain
West Coast Express @ Maple Meadows Station
1.40 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
9.2%
No Certificate/Degree
Above Average
15.8%
Owner Occupied
Average
73.1%
Employment Rate
Average
65.7%

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 $506
Maintenance fee 0
A 20% down payment of $379,980 on this $1,899,900 listing yields an estimated mortgage of $7,256/month (30-year fixed, 4%). Total estimated housing cost: $7,762/month, $506 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%
With $5,087/month in estimated rental income against $7,959/month in mortgage payments, the monthly cashflow is -$2,872/month. A 52% down payment would reach break-even.
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 $1,899,900
Maple ridge Loading...
Southwest Maple Ridge Loading...
No active comparables were found in Southwest Maple Ridge. Based on 2 similar Single Family Residences across Maple ridge, the average asking price is $1,733,300 — this listing is 9.6% above the city-wide 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

What are the closest top-rated schools to 20138 Lorne Avenue, Maple Ridge, BC?

Is 20138 Lorne Avenue, Maple Ridge, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 20138 Lorne Avenue, Maple Ridge, BC?

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

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