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$399,900

214 11578 225 STREET

Maple Ridge · MLS® R3174250

2 bed · 2 bath · 1,193 sq ft · 1 parking

Condo · Single Family · built 1987 · listed today

Listed by Jeff Bright, Royal LePage Elite West

Realtor's description

Welcome home to "The Willows" in Fraserview Village. An affordable home for those 55 and better. This top floor unit features vaulted ceilings and a skylight to let in an abundance of natural light. Westerly outlook with views of Brickwood Park. This loft style unit features newer appliances and a fresh coat of paint. This well managed building is pet friendly and allows 2 cats or 2 dogs (or 1 of each). The monthly strata fee includes use of the Fraserview Village amenity building with indoor pool and hot tub, meeting room, billiard/games room and more. Gas also included in strata fee, and the corner gas fireplace with heatilator easily heats the entire unit. There's secure underground parking and storage, including a large storage room in the unit. Your home search ends here!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,193 sq ft
Parking: 1
Year built: 1987
Property tax: $2,674 / yr
Strata fee: $559 / mo ($0.47 / sq ft)
Strata rules: Adult Oriented, Pets Allowed
Days on market: 0
MLS®: R3174250

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Elevator
Adult Oriented
Pets Allowed
All

Floor plans

Found among the listing photos.

Price check

Price per sq ft: $335 vs $567 median for condos in Maple Ridge for sale (152)

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 0 days

The market here

Listed now: 46 days; median for 161 condos for sale; this one listed today

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

Monthly cost

$2,524/mo

Mortgage $1,742 · Tax $223 · Strata $559

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
property transfer tax: $5,998; BC general rate
cash to close: $85,978; down + PTT
total paid: $522,698

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

Rent: $1,653/mo
After all costs: −$1,038/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · tax $223 · strata $559 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom 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