Prime RS-1 investment opportunity on an 8,976 sq. ft. lot offering strong holding value and exceptional redevelopment potential. This 6-bedroom rancher with basement suite features approximately 2,280 sq. ft. of living space, two kitchens, and a fireplace, making it ideal for rental income, multi-tenant use, or extended family living. Major upgrades completed in 2020 include a new roof, air conditioning, and tankless hot water system, reducing near-term capital expenses. The RS-1 zoning presents potential for up to 6 homes (buyer to verify with the city), positioning this property as an excellent long-term development or land-hold investment. Located within walking dist. to Walmart, shops, restaurants, & West Coast Express, this home offers strong tenant demand.Close to all sch level.
Listing Information
- Prop. Type:
- Single Family Residence
- Property Style:
- Rancher/Bungalow
- Status:
- Active
- City:
- Maple Ridge
- Bedrooms:
- 6
- Full Bathrooms:
- 2
- Neighborhood:
- West Central
- Area:
- Maple Ridge
- Province:
- British Columbia
- MLS® Number:
- R3075295
- Listing Price:
- $985,000
- Taxes:
- $5,384
General Information
- Year Built:
- 1957
- Lot Size (sqft):
- 8976.0 ft2
- Total Square Feet:
- 2280ft2
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