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$1,138,888

127 23925 116 AVENUE

Maple Ridge · MLS® R3157522

4 bed · 4 bath · 2,917 sq ft · 3,145 sq ft lot · 4 parking

House · Single Family · built 2007 · 50 days on market

Listed by Jeff Bright, Royal LePage Elite West

Realtor's description

Welcome to "Cherry Hills", a gated community of 34 homes tucked away in a quiet street surrounded by protected greenbelt in the ever-popular Cottonwood area. Walking distance to Alexander Robinson and Kanaka Creek Elementary schools, plus parks, shopping, dining & transit all located nearby. Enjoy hiking and biking along Kanaka Creek right at your doorstep. This 4 bedroom, 4 bathroom family home is nearly 3000 s.f. and sits on a fenced lot backing onto private greenspace for the ultimate in privacy and serenity. Open concept main floor with entertainers dream island kitchen plus covered decks front and back for year-round enjoyment. Upstairs are 3 massive bedrooms including a huge primary with walk-in closet and ample 5 piece ensuite. Basement with separate entrance for future plans.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 2,917 sq ft
Lot: 3,145 sq ft
Parking: 4
Year built: 2007
Property tax: $5,697 / yr
Strata fee: $120 / mo ($0.04 / sq ft)
Days on market: 50
MLS®: R3157522

Features

Central location
Gated community
All

Price check

Below typical for the area (-22%)

2026 assessment: $1,155,000 · asking is -1.4%
Price per sq ft: $390 vs $499 median for houses in Maple Ridge for sale (470)

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.

Property insights

On market 50 days · no price changes so far

The market here

Listed now: 64 days; median for 487 houses for sale; this one 50 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,155,000	$5,239

The listing shows $5,697 a year in property tax.

Estimate: the BC Assessment value times Maple Ridge's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$5,557/mo

Mortgage $4,962 · Tax $475 · Strata $120

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

estimated payment

$4,962/ monthly

loan $911,110

25-year amortization

down payment20% · $227,77820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $577,497
property transfer tax: $20,778; BC general rate
cash to close: $248,555; down + PTT
total paid: $1,488,608

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.