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11225 240 Street
Cottonwood MR Maple Ridge V2W 0J7

$6,400,000
Multi-Family Commercial

Main Photo: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8066680
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066680
Build. Type:
Mixed Use
Opportunity to purchase a multifamily investment featuring 16 residential rental units, within a single strata lot, with covered balconies in the second storey of a mixed-use development. Maple Heights Village is located in the rapidly growing Kanaka neighbourhood of Maple Ridge. Surrounded by new residential development by established Lower Mainland developers, the growth in this part of the City is extraordinary. This investment property will allow investors an opportunity to experience the growth of this community firsthand.Surrounded by new residential development by established Lower Mainland developers, the growth in this part of the City is extraordinary. This investment property will allow investors an opportunity to experience the growth of this community firsthand.
Sale Type:
Asset
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Bldgs:
1
# Other Units:
# of Apartments:
16
# of 1 Bedroom Apartments:
14
# of 2 Bedroom Apartments:
2
# Storeys:
2.0
Total Floor Area:
15,040 sq. ft.
Lot Area:
1.19 acre(s)
Lot Depth:
0
Lot Frontage:
0'
Land Use/Zoning:
C-1
Permitted Use:
Retail
Taxes:
$91,037.12 / 2024
# Elevators:
1
Roof:
Potential to Redevelop:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8066680
    Photo 1 of 1
Listed by Colliers
Data was last updated February 23, 2025 at 02:10 PM (UTC)
ALEX REN
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