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$1,069,000

22793 REID AVENUE

Maple Ridge · MLS® R3159398

5 bed · 2 bath · 1,990 sq ft · 7,680 sq ft lot · 1 parking

House · Single Family · built 1980 · 39 days on market

Listed by Sanj Johal, Century 21 Coastal Realty Ltd.

Realtor's description

This stunning renovated home, sits on a rectangular 7680 Square Feet Corner lot.Featuring brand new Samsung, and LG appliances. Home is a 2 story, 5 bedroom, and 2 bathroom house. Situated in a quiet, family friendly neighbourhood. Close to schools, transit, restaurants, shopping, community centres and parks. Great investment opportunity. Spacious 2 bedroom suite mortgage helper also newly renovated.Enjoy a bright living area with its private yard great for entertainment. Inquire now and make it yours.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 1,990 sq ft
Lot: 7,680 sq ft
Parking: 1
Year built: 1980
Property tax: $6,854 / yr
Days on market: 39
MLS®: R3159398

Features

Price check

Above typical for the area (+7.7%)

2026 assessment: $1,166,000 · asking is -8.3%
Price per sq ft: $537 vs $499 median for houses in Maple Ridge for sale (469)
Last sold: $900,000 · Oct 28, 2024

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 39 days · no price changes so far

The market here

Listed now: 64 days; median for 485 houses for sale; this one 39 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	$1,166,000	$5,289

The listing shows $6,854 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

$5,229/mo

Mortgage $4,658 · Tax $571

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

estimated payment

$4,658/ monthly

loan $855,200

25-year amortization

down payment20% · $213,80020%+ 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: $542,059
property transfer tax: $19,380; BC general rate
cash to close: $233,180; down + PTT
total paid: $1,397,259

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: $4,092/mo; vs $5,404 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,658 · tax $571 · 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