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$379,000

225 12109 223 STREET

Maple Ridge · MLS® R3160436

All units at 12109 223 St →

1 bed · 1 bath · 575 sq ft · 1 parking

Condo · Single Family · built 2025 · 38 days on market

Listed by Sepy Kopahi, RE/MAX City Realty

Open house · Saturday, October 10, 1pm–3pm

Realtor's description

Welcome to Inspire by Platinum Group in the heart of Maple Ridge.This one bedroom home is carefully designed to maximize functionality, comfort, and natural light. The kitchen features quartz countertops, and quality stainless steel appliances. The spa-inspired bathroom offers a luxurious rain shower, creating the perfect place to unwind. The oversized bedroom provides ample space for a desk or home office setup. Completing the home is a private balcony overlooking the quiet inner courtyard, offering excellent privacy and plenty of natural sunlight throughout the day. Experience modern living in a community thoughtfully designed to elevate your lifestyle. Fully equipped fitness centre, a yoga studio, social lounge, outdoor gardens, and a rooftop patio. NO GST. Open house Saturday 1-3PM.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 575 sq ft
Parking: 1
Year built: 2025
Property tax: $1,398 / yr
Strata fee: $218 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 38
MLS®: R3160436

Features

Elevator
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+17%)

2026 assessment: $396,200 · asking is -4.3%
Price per sq ft: $659 vs $565 median for condos in Maple Ridge for sale (153)
Last sold: $439,110 · May 29, 2025

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: 46 days; median for 161 condos for sale; this one 38 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$396,200	$1,797

The listing shows $1,398 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

$1,986/mo

Mortgage $1,651 · Tax $117 · Strata $218

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

estimated payment

$1,651/ monthly

loan $303,200

25-year amortization

down payment20% · $75,80020%+ 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: $192,180
property transfer tax: $5,580; BC general rate
cash to close: $81,380; down + PTT
total paid: $495,380

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: $1,426/mo
After all costs: −$709/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,651 · tax $117 · strata $218 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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