12039 220 Street, Maple Ridge, V2X 5R6 — photo 1

$975,000

12039 220 Street, Maple Ridge, V2X 5R6
Active
3 Bedrooms 1 Bathrooms 1,712 sqft Built 1957 Residential

About This Property

Attention Investors & Developers! This prime property is situated within the Lougheed Transit Corridor Area Plan (LTCAP) and is zoned for a 6-plex dwelling. Opportunities like this are rare! Conveniently located within walking distance of schools, transit, and shopping, it offers exceptional accessibility. As part of the City’s Urban Infill Residential program, this property qualifies for up to six units under new provincial housing legislation. No rezoning is required, as Urban Infill Residential is now a permitted use under the Lougheed Transit Corridor Concept. Don’t miss out on this incredible investment opportunity!

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Property Details

MLS #

R3047215

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow w/Bsmt.

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

3

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

1

Living Area

1,712 sqft

Main Floor

1,021 sqft

Basement

691 sqft fin.

Lot Size

8,355 sqft

Lot Dimensions

66 x 126

Frontage

66

Year Built

1957

Age

69 years

Roof

Asphalt

Construction

Frame Wood, Stucco, Wood Siding

Structure

Residential Detached

Parking Stalls

6

Carport

1 spaces

Parking Type

Carport Single, Open, Front Access, Asphalt

Original Price

$1,100,000

Taxes

$5,756.15/yr

Listed

2025-09-12

MLS Area

West Central

City

Maple Ridge

Postal Code

V2X 5R6

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Hardwood · Laminate · Vinyl

Appliances

Washer/Dryer · Refrigerator · Stove

Fireplace

Gas

Patio / Porch

Sundeck

Interior Features

Storage · Pantry

Building & Community

Transit

2 min walk

Schools

Secndry 9mn wlk

View

Mountains

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

No

6.6

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market6% above market $/sqft
Days on market236 days — significantly stale, strong negotiation position
Price historyPrice dropped 11% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

Medium confidence

Suggested Offer

$932,006

4.4% below asking price

Negotiation Range

$907,631$946,631

$39,000 spread

$907,631$975,000 ask

Based on 5 recent sales, a starting offer around $932,006 (4.4% below ask) is reasonable. Your negotiation range is $907,631 – $946,631.

What's factored in

Market baseline5 recent Maple Ridge sales closed at median 97.4% of list price
Price already reducedSeller dropped from 11% off original ask — indicates motivation
Extended market time236 days listed — well above market avg of 182 days, increased negotiation leverage

Based on 5 residential sales in Maple Ridge (last 60 days) · Updated May 5

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