BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot – build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees. Excellent investment and development opportunity!
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow
Ownership:
Freehold NonStrata
Year built:
1950
(Age: 76)
Living Area:
1,743 sq. ft.162 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
1,743 sq. ft.162 m2
Bedrooms:
4
(Above Grd: 4)
Bathrooms:
2.0
(Full:2/Half:0)
Kitchens:
2
Rooms:
10
Taxes:
$5,980.54 /
2024
Lot Area:
13,812 sq. ft.1,283 m2
Lot Frontage:
116'4"35.5 m
Lot Details:
116.34 x 119.06
Outdoor Area:
No Outdoor Area
Water Supply:
Public
Plan:
NWP23730
Construction Materials:
Frame Wood, Wood Siding
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Asphalt
No. Floor Levels:
1.0
Floor Area Fin - Above Grade:
1,743 sq. ft.162 m2
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:
1,743 sq. ft.162 m2
Floor Area Fin - Below Main:
0 sq. ft.0 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
1,743 sq. ft.162 m2
Heating:
Forced Air, Natural Gas
Parking Features:
Open, Other, RV Access/Parking, Front Access
Parking:
Open, Other, RV Access/Parking
Suite:
Legal Suite
No Outdoor Area
Laundry In Unit
2
Laundry In Unit
In Unit
LOT B, PLAN NWP23730, DISTRICT LOT 248, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Data was last updated March 21, 2026 at 10:40 PM (UTC)
Area Statistics
Listings on market:
157
Avg list price:
$839,900
Min list price:
$309,900
Max list price:
$3,750,000
Avg days on market:
54
Min days on market:
1
Max days on market:
677
Avg price per sq.ft.:
$593.44
These statistics are generated based on the current listing's property type
and located in
West Central. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.