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$1,299,500

20485 120B AVENUE

Maple Ridge · MLS® R3156668

4 bed · 3 bath · 2,486 sq ft · 6,809 sq ft lot · 7 parking

House · Single Family · built 1993 · 52 days on market

Listed by Andy Schildhorn, Macdonald Realty

Realtor's description

Move-in ready and beautifully renovated, this well-appointed home brings comfort, style and versatility together. Stunning kitchen features quartz counters, stainless steel appliances, and a breakfast bar that opens to a cozy living room with bay windows. Spacious primary bedroom offers a 3-piece ensuite with heated tile floors, complemented by 2 generous bedrooms. A family room opening to a spacious covered 12' x 17' balcony for all-year-round use. Downstairs includes a den ideal for a home office and a one-bedroom in-law suite. Updates include a 2026 heat pump and new main-floor flooring. Private fenced yard with low-maintenance landscaping completes the home. Close to Fairview Elementary, Maple Ridge Christian School, parks, shopping, everyday amenities and transit. Pride of ownership is evident throughout.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,486 sq ft
Lot: 6,809 sq ft
Parking: 7
Year built: 1993
Property tax: $8,581 / yr
Days on market: 52
MLS®: R3156668

Features

Central location
All
Central Vacuum

Price check

Typical for the area (+4.9%)

2026 assessment: $1,273,000 · asking is +2.1%
Price per sq ft: $523 vs $498 median for houses in Maple Ridge for sale (475)

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 52 days · no price changes so far

The market here

Listed now: 63 days; median for 491 houses for sale; this one 52 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	$1,273,000	$5,774

The listing shows $8,581 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

$6,377/mo

Mortgage $5,662 · Tax $715

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

estimated payment

$5,662/ monthly

loan $1,039,600

25-year amortization

down payment20% · $259,90020%+ 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: $658,939
property transfer tax: $23,990; BC general rate
cash to close: $283,890; down + PTT
total paid: $1,698,539

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.

If you rented it out

Suite rent: $1,426/mo
Your cost after the suite: $5,240/mo; vs $6,552 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $5,662 · tax $715 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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