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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow w/Bsmt.
Ownership:
Freehold NonStrata
Year built:
1975
(Age: 50)
Living Area:
3,022 sq. ft.281 m2
Building Area - Total:
3,022 sq. ft.281 m2
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
2.0
(Full:1/Half:1)
Taxes:
$13,099.47 /
2024
Lot Area:
2 acre(s)0.81 hectare(s)
Lot Frontage:
160'9"49 m
Lot Details:
160.75 x 540.06
Outdoor Area:
Balcony
Plan:
NWP43223
Construction Materials:
Frame Wood, Mixed (Exterior)
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,703 sq. ft.158 m2
Floor Area Fin - Total:
3,022 sq. ft.281 m2
Fireplaces:
2
Fireplace Details:
Wood Burning
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Open, RV Access/Parking
Parking:
Garage Double, Open, RV Access/Parking
Parking Total/Covered:
10 / 2
Spa Features:
Swirlpool/Hot Tub
Spa:
Yes
Balcony, Private Yard
Laundry In Unit, Swirlpool/Hot Tub
Shopping Nearby
2
Window Coverings, Swirlpool/Hot Tub
Dishwasher, Refrigerator, Laundry In Unit, Swirlpool/Hot Tub
Data was last updated May 21, 2025 at 10:40 PM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$1,254,444
Min list price:
$619,900
Max list price:
$5,900,000
Avg days on market:
29
Min days on market:
1
Max days on market:
365
Avg price per sq.ft.:
$515.36
These statistics are generated based on the current listing's property type
and located in
Cottonwood MR. Average values are
derived using median calculations.