12244 227 Street, Maple Ridge, V2X 6J5 — photo 1

$1,399,000

12244 227 Street, Maple Ridge, V2X 6J5
Active
3 Bedrooms 2 Bathrooms 1,150 sqft Built 1954 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

GREAT CENTRAL LOCATION | DEVELOPMENT POTENTIAL. House with Shop. Located in a rapidly redeveloping neighbourhood, this property offers exceptional potential for builders, investors, or those seeking a long-term holding opportunity. Sitting on a generous 11,965 sq ft lot (approx. 78' x 152'), the home is currently zoned RS-1, with the Official Community Plan (OCP) calling for Ground-Oriented Multi-Family Development upon rezoning. Centrally located within walking distance to the Town Centre, schools, recreation, parks, and transit.

None

Property Details

MLS #

R3058419

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

3

Full Baths

2

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

1,150 sqft

Main Floor

1,150 sqft

Basement

Yes

Lot Size

11,965 sqft

Lot Dimensions

78.85 x 151.75

Frontage

78.85

Year Built

1954

Age

72 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Stucco

Structure

Residential Detached

Parking Stalls

4

Garage Spaces

1

Garage Size

24x22

Parking Type

Detached, Garage Single, Open, Front Access, Gravel

Original Price

$1,599,000

Taxes

$6,858.83/yr

Listed

2025-10-15

MLS Area

East Central

City

Maple Ridge

Postal Code

V2X 6J5

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Patio / Porch

Patio

Building & Community

Transit

STEPS

Schools

STEPS

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

6.1

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market156% above market — check if justified
Days on market202 days — significantly stale, strong negotiation position
Price historyPrice dropped 13% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

Medium confidence

Suggested Offer

$1,331,391

4.8% below asking price

Negotiation Range

$1,296,416$1,352,376

$55,960 spread

$1,296,416$1,399,000 ask

Based on 4 recent sales, a starting offer around $1,331,391 (4.8% below ask) is reasonable. Your negotiation range is $1,296,416 – $1,352,376.

What's factored in

Market baseline4 recent Maple Ridge sales closed at median 97% of list price
Price already reducedSeller dropped from 13% off original ask — indicates motivation
Extended market time202 days listed — well above market avg of 194 days, increased negotiation leverage

Based on 4 residential sales in Maple Ridge (last 60 days) · Updated May 4

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