realtor's description

Exceptional opportunity in West Maple Ridge! 21298 River Rd offers a well cared for 3,031 square ft home on a 16,596 sqft lot, **AVAILABLE SEPARATELY OR TOGETHER** with adjoining 21290 River Road, a separate legal vacant lot fully serviced with storm, water & gas. City pre-application is complete for a proposed 3 lot configuration, with City support indicated for the proposed rezoning, subdivision & variances. Purchase the home on its own, or acquire both properties to build on the serviced lot with full building plans available or pursue the proposed 3 lot development while retaining the existing home. 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: 4
MLS®: R3177744

features

All

the market here

listed now: 70 days; median for 467 houses for sale; this one 4 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

$6,384/mo

Mortgage $5,881 · Tax $503

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

estimated payment

$5,881/ monthly

loan $1,079,920

25-year amortization

down payment20% · $269,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $684,495
property transfer tax: $24,998; BC general rate
cash to close: $294,978; down + PTT
total paid: $1,764,415

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.