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$11,499,000

23315 122 Avenue

Maple Ridge · MLS® R3137699

4 sq ft lot

Land · Vacant Land · 113 days on market

Listed by Ron Antalek, RE/MAX LIFESTYLES REALTY

Realtor's description

Exciting development opportunity in Central Maple Ridge! This 4.057-acre property is zoned RS-1b and does not require rezoning-streamline your process and maximize value. Preliminary potential to subdivide into 20 single-family lots (RS-1b) makes this a prime site for builders and investors. Set in a sought-after neighborhood close to schools, parks, and amenities, this parcel offers both convenience and opportunity. Rarely do properties with this combination of zoning, size, and potential come available. Buyer to verify all development details with the City of Maple Ridge. A unique chance to secure a large, ready-zoned parcel in one of Maple Ridge´s fastest-growing areas.

Property details

Type: Land, Vacant Land
Lot: 4 sq ft
Parking: 0
Property tax: $1,407 / yr
Days on market: 113
MLS®: R3137699

Features

Central location
Private setting

Price check

2026 assessment: $122,403 · asking is +9294%

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 113 days · no price changes so far

The market here

Listed now: 120 days; median for 75 homes for sale; this one 113 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$122,403	$555

The listing shows $1,407 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

$50,217/mo

Mortgage $50,100 · Tax $117

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

estimated payment

$50,100/ monthly

loan $9,199,200

25-year amortization

down payment20% · $2,299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $5,830,812
property transfer tax: $492,950; BC general rate
cash to close: $2,792,750; down + PTT
total paid: $15,030,012

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.