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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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11523 236 Street, Maple Ridge
MLS®: R2886226
3000
Sq.Ft.
2
Baths
5
Beds
87,120
Lot SqFt
9999
Built
Virtual Tour
Description
PRIME DEVELOPMENT SITE with potential yield of 39 units! 2 Acres centrally located in the COTTONWOOD area of Maple Ridge. One of the last infill sites in the area. All services at the lot line. OPEN TO DEVELOPMENT options with upcoming Bill 44. Central location close to schools, transit and all major corridors. Additionally, there is 5 bedroom home for rental income while preparing the site for development.
Taxes (2022): $13,596.00
Features
Clothes Dryer
Clothes Washer
Drapes
Window Coverings
Refrigerator
Stove