$2,990,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Prime 5-Lot Development Opportunity in Albion -2 houses 2 titles = 5 residential lots with PLR letter in hand and servicing estimates available. Located in a Medium Density Residential area per the Albion Area Plan, these lots are ideal for single detached homes. Zoned RS-3 with a PLR to rezone to R-3 Urban Residential, allowing for 5 single-family lots. Secure two investment homes or begin building ASAP- All the heavy lifting is done. Secure these prime lots and capitalize on a growing area with strong development potential.
Property Details
MLS #
R2998348
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow
Ownership
Freehold NonStrata
Zoning
RS-3
Bedrooms
3
Full Baths
1
Half Baths
0
Kitchens
1
Fireplaces
1
Living Area
1,356 sqft
Main Floor
1,356 sqft
Lot Size
17,424 sqft
Lot Dimensions
158 x 110.278
Frontage
158
Year Built
1960
Age
65 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior), Wood Siding
Structure
Residential Detached
Parking Stalls
12
Parking Type
Open, Other, Front Access, Asphalt
Original Price
$2,990,000
Taxes
$10,860.58/yr
Listed
2025-05-05
MLS Area
Albion
City
Maple Ridge
Postal Code
V2W 1J1
Features & Finishes
Heating
Forced Air
Fireplace
Gas
Patio / Porch
Patio
Building & Community
Transit
1/2 BLK
Schools
2 BLK
View
Golden Ears Mountain
Lot Features
Central Location, Lane Access
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Natural Gas Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.187278, -122.547403 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
Medium confidenceSuggested Offer
$2,832,050
5.3% below asking price
Negotiation Range
$2,757,300 – $2,876,900
$119,600 spread
Based on 4 recent sales, a starting offer around $2,832,050 (5.3% below ask) is reasonable. Your negotiation range is $2,757,300 – $2,876,900.
What's factored in
Based on 4 residential sales in Maple Ridge (last 60 days) · Updated May 4
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