Townhouse
$619,000
44 20554 118 Avenue
Maple Ridge7 days on market
listed by Angell, Hasman & Associates Realty Ltd.
MLS® R3176803
19 21550 Cherrington Avenue
$615,000
19 21550 Cherrington Avenue
Maple Ridge · MLS® R3177857
322
1,100 sq ft · 2,700 sq ft lot · Townhouse · Single Family · built 1983 · 4 days on market
listed by Jane Ambrose, Royal LePage Elite West
realtor's description
An affordable home that Buyers dream of finding, this move-in ready 3-bed, 1.5-bath duplex-style townhome is a Buyer's Dream & AN ABSOLUTE MUST SEE! Spanning 1,099 sq. ft., the functional main floor features an updated kitchen, renovated baths & a bright, open layout. Walk out directly to your private, fully fenced landscaped backyard-a low-maintenance, multi-level outdoor retreat featuring retaining walls, artificial turf, & raised garden beds, perfect for entertaining, kids, or pets. Upstairs offers 3 generous bedrooms filled with natural light, providing plenty of room for everyone. Practical perks include an attached 1-car garage plus extra driveway parking & low maintenance fees in a well-run, self-managed complex. Ideally located in West Central Maple Ridge, close to transit, schools, parks, & shopping amenities. Ideal for 1st-time buyers, young pros, or small families! This home is a WINNER. See for yourself. Call your Realtor & book your tour today!!
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 2
- living area
- 1,100 sq ft
- lot
- 2,700 sq ft
- parking
- 2
- year built
- 1983
- property tax
- $4,540 / yr
- strata fee
- $300 / mo ($0.27 / sq ft)
- strata rules
- Rentals Allowed With Restrictions
- days on market
- 4
- MLS®
- R3177857
features
- Rentals Allowed With Restrictions
floor plans
found among the listing photos.
monthly cost
$3,358/mo
Mortgage $2,679 · Tax $378 · Strata $300
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $2,390/mo
- after all costs
- −$1,334/mo
- cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,679 · tax $378 · strata $300 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Maple Ridge: CMHC's average there ($2,026) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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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