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$1,499,000

21298 RIVER ROAD

Maple Ridge · MLS® R3160176

3 bed · 2 bath · 3,031 sq ft · 16,596 sq ft lot · 8 parking

House · Single Family · built 1944 · 38 days on market

Listed by Bob van den Brink, Royal LePage Elite West

Realtor's description

Exceptional opportunity in West Maple Ridge! 21298 River Rd offers a 3,031 sq. ft. home on a generous 16,596 sqft. lot, to be sold together with adjoining 21290 River Road, a separate legal vacant lot fully serviced with storm, water & gas. City pre-application has been completed for a proposed 3-lot configuration while retaining the existing home, with City support indicated for the proposed rezoning, subdivision & variances. Build on the serviced vacant lot with full building plans available, or pursue the proposed 3-lot development. Live in or rent the existing home while moving plans forward. Buyer to verify development potential with the City of Maple Ridge.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 3,031 sq ft
Lot: 16,596 sq ft
Parking: 8
Year built: 1944
Property tax: $6,030 / yr
Days on market: 38
MLS®: R3160176

Features

Price check

Typical for the area (-0.8%)

2026 assessment: $1,085,100 · asking is +38%
Price per sq ft: $495 vs $498 median for houses in Maple Ridge for sale (469)

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 38 days · no price changes so far

The market here

Listed now: 63 days; median for 486 houses for sale; this one 38 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	$1,085,100	$4,922

The listing shows $6,030 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

$7,034/mo

Mortgage $6,531 · Tax $503

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

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ 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: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

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.