11951 222nd St, Maple Ridge, BC V2X 5V9

$2,799,900

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List Price
$2,799,900
Status
ACTIVE
MLS® #
R3082833
Area
Maple Ridge
Community
West Central

Property Description

RM-3 zoning in presents an exceptional opportunity for high-density residential development, allowing for a base floor space ratio (FSR) of 1.2 times the lot area, with potential for a minimum of 5 storeys & up to 12 storeys. This flexible zoning is ideal for developers looking to create vibrant, community-focused apartment or townhouse projects that maximize both space & value. The property offers great potential for rezoning, providing an opportunity to increase density & unlock even greater value for a high-impact development. This area is an up-and-coming community with rapid growth & a thriving local economy, making it an excellent location for investment. With its proximity to Vancouver & stunning natural surroundings, the region offers tremendous potential for developers.

Additional Information

Lot Size
13,788
Amenities
Near Shopping
Site Influences
Central Location, Cleared, Private, Recreation Nearby
Acres
0.32
Region
Maple Ridge
Title To Land
Freehold NonStrata

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Term of Loan
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Calculator source: Real Geeks

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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.