10869 10911 248 STREET

An exceptional opportunity to acquire two contiguous, side-by-side parcels totalling approximately 6.76 acres of RS-3 zoned land in Maple Ridge's desirable Albion neighbourhood. Each property features a single-family residence, providing potential holding income while buyers pursue future redevelopment and rezoning opportunities. The properties are designated for Townhouse use under the Official Community Plan (OCP), creating compelling long-term redevelopment potential. With significant land area, a growing residential community, and OCP support for townhouse use, this offering presents an attractive opportunity for developers and investors. Primary value is in the land and its future potential. Purchasers are advised to conduct their own independent due diligence with the City of Maple Ridge regarding zoning, density, servicing, development requirements, and potential rezoning. (id:67197)

Price

$6,250,000

Property Type

Vacant Land

Transaction Type

For sale

MLS® Number

C8081927

Year Built

1969

Fireplace

No

Year Built

1969

Size Total

294465 sqft

Acreage

Yes

Sewer

Septic System

Lease Per Unit

square feet