12230 222 Street
West Central, Maple Ridge
OFFERED AT: $1,998,000
About this House in West Central
Vanak International Properties is pleased to present an exclusive two-lot development assembly opportunity located at 22213 122 Avenue & 12230 222 Street, Maple Ridge. The properties are being offered together only as one combined development site with a total asking price of $3,996,000 A feasibility study has been prepared for a proposed 6-storey residential apartment development with approximately 52 units and 32,290 sq. ft. of buildable FSR area at 2.0 FSR, subject to City approvals. The concept allows developers to consider multiple exit strategies, including market rental, strata condominium, or mixed-tenure development. The site also benefits from existing holding income of approximately $9,250/month, providing income during the planning and entitlement process.
Listed by Vanak Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Manny Bal PREC* for your convenience.
Disclaimer: 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.
Listing Features
- MLS®: R3150802
- Bedrooms: 4
- Bathrooms: 3
- Type: House
- Size: 2,796 sqft
- Lot Size: 7,222 sqft
- Frontage: 78.00 ft
- Taxes: $6289
- Parking: Carport Single, Open, RV Access/Parking, Front A
- Basement: None
- Storeys: 2 storeys
- Year Built: 1980
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West Central,Maple Ridge
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