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$439,900

109 12283 224 STREET

Maple Ridge · MLS® R3156441

1 bed · 1 bath · 650 sq ft · 1 parking

Condo · Single Family · built 2008 · 48 days on market

Listed by Nash Harrison, Homelife Advantage Realty Ltd.

Some condos simply feel bigger than the numbers suggest-and this is one of them. Set on the garden level at The Maxx, this 1 bed + den home features impressive ceiling height and large windows that create a bright, open sense of space. Step outside to what truly sets this home apart: an expansive 173 square ft private patio offering an incredible amount of outdoor living rarely found in a condo. Inside, enjoy a functional layout with a versatile den, granite counters, stainless steel appliances and in-suite laundry. Complete with parking and storage, plus shopping, dining, recreation and transit nearby. A condo with room to breathe-inside and out. OPEN HOUSE AUGUST 29, 11-1PM.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 650 sq ft
Parking: 1
Year built: 2008
Property tax: $2,489 / yr
Strata fee: $282 / mo ($0.43 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 48
MLS®: R3156441

Above typical for the area (+20%)

Price per sq ft: $677 vs $565 median for condos in Maple Ridge for sale (152)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Elevator
Pets Allowed With Restrictions
All

On market 48 days

Listed now: 54 days; median for 152 condos for sale; this one 48 days

Condos in Maple Ridge. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,406/mo

Mortgage $1,917 · Tax $207 · Strata $282

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,917/ monthly

loan $351,920

25-year amortization

down payment20% · $87,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $223,061
property transfer tax: $6,798; BC general rate
cash to close: $94,778; down + PTT
total paid: $574,981

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,426/mo
After all costs: −$1,129/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,917 · tax $207 · strata $282 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Maple Ridge (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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