V
G
VISHAL GUPTA
Century 21 Coastal Realty Ltd.
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11403 240 Street
Cottonwood MR Maple Ridge V2W 1A3

$3,199,000
Commercial Sale

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8066217
Build. Type:
Mixed Use
Prime 1.15-acre property in the Cottonwood Development Area with the potential to accommodate 18 townhouse units. Located in a growing neighborhood surrounded by newly built homes, this is a fantastic future development opportunity. The property includes a rentable house, a fully insulated 30' x 42' detached garage/workshop with space for 8+ vehicles, and a double carport. The mostly level, gated lot boasts 140 feet of frontage on 240th Street. An exceptional investment opportunity!
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Frame Wood
Building Type:
Mixed Use
Living Area:
1,782 sq. ft.
Subject Property Depth:
0'
Subject Property Width:
140'
Title to Land:
Freehold
Lot Area:
1.15 acre(s)
Zoning:
Potential to Redevelop:
POTENTIAL TOWNHOUSE DEVELOPMENT LAND, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Sanitary sewer at LotLine
Sewer:
Public Sewer
Parcel Number:
800175846
Taxes:
$11,905.08 / 2024
No
3.22% ON 1ST 100,000 & 1.15% ON BALANCE
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
POTENTIAL TOWNHOUSE DEVELOPMENT LAND, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated April 4, 2025 at 11:40 AM (UTC)
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