20138 Lorne Avenue, Maple Ridge, V2X 1G1 — photo 1

$1,899,900

20138 Lorne Avenue, Maple Ridge, V2X 1G1
Active
3 Bedrooms 1 Bathrooms 1,433 sqft Built 1940 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

INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.

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Property Details

MLS #

R3009909

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

3

Full Baths

1

Half Baths

0

Kitchens

0

Living Area

1,433 sqft

Main Floor

893 sqft

Above Main

540 sqft

Basement

Yes

Lot Size

19,236 sqft

Lot Dimensions

160.02 x 120.59

Frontage

160.02

Year Built

1940

Age

85 years

Roof

Metal

Construction

Frame Wood, Vinyl Siding

Structure

Residential Detached

Parking Stalls

10

Parking Type

Detached, Open, RV Access/Parking, Front Access

Original Price

$1,899,900

Taxes

$6,071.88/yr

Listed

2025-06-02

MLS Area

Southwest Maple Ridge

City

Maple Ridge

Postal Code

V2X 1G1

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Patio / Porch

Sundeck

Windows

Window Coverings

Interior Features

Storage

Exterior Features

Garden · Private Yard

Building & Community

Transit

1 Block

Schools

1 Block

Lot Features

Central Location, Near Golf Course, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Fixtures Removed

Yes

Fixtures Removed

EV charger & wire; 2 wall mounts and TV's.

Coordinates: 49.204928, -122.662061 · Map data © Google

4.9

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market179% above market — check if justified
Days on market336 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

Medium confidence

Suggested Offer

$1,799,536

5.3% below asking price

Negotiation Range

$1,752,038$1,828,034

$75,996 spread

$1,752,038$1,899,900 ask

Based on 4 recent sales, a starting offer around $1,799,536 (5.3% below ask) is reasonable. Your negotiation range is $1,752,038 – $1,828,034.

What's factored in

Market baseline4 recent Maple Ridge sales closed at median 97% of list price
Extended market time336 days listed — well above market avg of 194 days, increased negotiation leverage
Above-average DOM336d vs market avg of 194d — property may have a pricing or condition issue

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

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20138 Lorne Avenue, Maple Ridge, V2X 1G1 | $1,899,900 | 3 Bed | 1 Bath | Vancouver Homes