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
Rooms
Floor
Type
Dimensions
Above Level
Primary Bedroom
17'7 x 17'7 ft
Above Level
Bedroom
6'3 x 6'3 ft
Main Level
Living Room
15'6 x 15'6 ft
Main Level
Eating Area
8'6 x 8'6 ft
Main Level
Laundry
5' x 5' ft
Main Level
Bedroom
12'2 x 12'2 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
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 fee0
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 Payment0%
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
This Home
$1,899,900
Maple ridge
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Southwest Maple Ridge
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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?
The closest top-rated schools are Hammond Elementary School and MEADOW MONTESSORI.
Is 20138 Lorne Avenue, Maple Ridge, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 20138 Lorne Avenue, Maple Ridge, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,399.
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