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$699,900

25 10640 248 STREET

Maple Ridge · MLS® R3119126

All units at 10640 248 St →

3 bed · 3 bath · 1,242 sq ft · 2 parking

Townhouse · Single Family · built 2026 · 158 days on market

Listed by Simran Rai, Coldwell Banker Universe Realty

Realtor's description

Welcome to Rydge by award-winning developer Raicon - a nature-inspired community of 61 thoughtfully designed 3 and 4 bedroom townhomes in Maple Ridge. These homes feature open-concept living with modern kitchens, spacious dining and living areas, and functional layouts ideal for everyday living and entertaining. Enjoy side-by-side or tandem double car garages, along with a private fenced yard and patio in every home. Select homes offer beautiful views. Walking distance to schools, parks, and trails. Only a 5% deposit required. Come see our display homes Saturday & Sunday 12-5pm, or by appointment during the weekdays. Move-in ready and future homes available.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,242 sq ft
Parking: 2
Year built: 2026
Strata fee: $194 / mo ($0.16 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 158
MLS®: R3119126

Features

Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+22%)

Price per sq ft: $564 vs $463 median for townhouses in Maple Ridge for sale (115)

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 158 days · no price changes so far

The market here

Listed now: 42 days; median for 117 townhouses for sale; this one 158 days

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

Monthly cost

$3,243/mo

Mortgage $3,049 · Strata $194

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

estimated payment

$3,049/ monthly

loan $559,920

25-year amortization

down payment20% · $139,98020%+ 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: $354,899
property transfer tax: $11,998; BC general rate
cash to close: $151,978; down + PTT
total paid: $914,819

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: $2,026/mo
After all costs: −$1,555/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,049 · strata $194 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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