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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
$2,800,000
Bedrooms: | 5 |
Bathrooms: | 2 |
Listing Type: | House/Single Family |
Sqft | 3,022 |
Lot Size | 87,120 |
Built: | 1975 |
Price: | $2,800,000 |
Listed By: | Sutton Group-Alliance R.E.S. |
MLS: | R3004191 |
Description
Prime opportunity for investors and developers in the rapidly growing North Albion area of Maple Ridge. This 2-acre property is currently in the subdivision application process for 9 single-family lots, offering excellent potential for development now. Adjacent properties on both sides are already under construction, further enhancing the appeal and momentum of this emerging neighborhood. In the interim, the well-maintained 5-bedroom, 2-bathroom home—also featuring suite potential—provides a strong holding income. A rare chance to secure a strategic piece of land with both immediate revenue and development.
Taxes (2024): $13,099.47
Amenities
Shopping Nearby
Balcony
Private Yard
In Unit
Swirlpool
Hot Tub
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Swirlpool
Hot Tub
Window Coverings