11363 240 STREET | Maple Ridge - Cottonwood MR

Description

Brokerage

Homelife Benchmark Titus Realty

Property Details

  • Asking Price: $4,400,000
  • Floor Area: 2035 sq. ft.
  • Gross Taxes: $5,363.43
  • Office Name: Homelife Benchmark Titus Realty
  • Property Style: 2 Storey
  • Bedrooms: 3
  • Bathrooms: 1
  • Half Bathrooms: 1
  • Year Built: 1920
  • Type: Residential Detached
  • Style: House with Acreage

Attention Developers: Great opportunity to buy 2.47 acres of prime mixed use land in the growing Albion/Cottonwood area of Maple Ridge. The property is comprised of 3 Acres. The Eastern portion fronting. 240th is OPC supported RM-1 Multifamily Townhomes. The Western portion is OCP supported RS-1B single family lots (possibly R1). This section fronts 2 existing streets (239th and 113B) that would need to be connected making these lots backing the creek and greenbelt. The central area of the property is split by Rainbow/Spebcer Creek leaving approx 1.5-2 acres of net developable land. The existing home and 30 x 40 shop. House rented for $2800/month.