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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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11804 232 Street, Maple Ridge
MLS®: R2926721
1559
Sq.Ft.
1
Baths
2
Beds
47,045
Lot SqFt
1969
Built
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Description
DEVELOPMENT POTENTIAL/HOLDING PROPERTY!! Slated for Townhouse Development. City will support RM-1 zoning + bonus density. Prime 1.08-acre property in a highly sought-after Maple Ridge location, offering significant future development potential. This land is ideal for a townhouse project, with its favorable size and proximity to essential amenities, schools, shopping, and recreation. A great holding property for savvy investors looking to capitalize on Maple Ridge’s growing demand for residential development. Whether you're looking to develop now or hold for future gains, this property presents an excellent opportunity to contribute to the evolving landscape of the area.
Taxes (2021): $5,392.17
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