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$1,650,000

25050 MORRISETTE PLACE

Maple Ridge · MLS® R3143845

4 bed · 2 bath · 2,584 sq ft · 4 sq ft lot · 6 parking

House · Single Family · built 1960 · 92 days on market

Listed by Susanne Walton, B.C. Farm & Ranch Realty Corp.

Realtor's description

ATTENTION: BUILDERS/INVESTORS! This lovely 3.8 acre property is NOT IN THE ALR, has 2 road frontages & is just waiting for your development ideas! Currently zoned RS-3, however the Zoning Matrix for City of Maple Ridge may support rezoning to RS2, which would allow for .4 hectare lots (1 acre lots). Buyer to confirm with the City of Maple Ridge. Adjacent property has a Development application in with the City for small residential lots. The charming 4 bedroom farmhouse is well maintained with new hot water tank & 4 year old furnace. Very private & yet minutes from everything! ZONING ALLOWS FOR A SECOND RESIDENCE/GARDEN SUITE (max 1500 sq. ft) Two bay shop has 100 amps of power. Apple, pear & plum trees. On shallow well however city water is currently on 108th Ave. Priced to sell! Call today!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,584 sq ft
Lot: 4 sq ft
Parking: 6
Year built: 1960
Property tax: $6,606 / yr
Days on market: 92
MLS®: R3143845

Features

Central location
Private setting
Rural Setting
Stove

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+28%)

2026 assessment: $1,542,000 · asking is +7.0%
Price per sq ft: $639 vs $498 median for houses in Maple Ridge for sale (475)

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 92 days · no price changes so far

The market here

Listed now: 63 days; median for 491 houses for sale; this one 92 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	$1,542,000	$6,994

The listing shows $6,606 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

$7,739/mo

Mortgage $7,189 · Tax $551

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

estimated payment

$7,189/ monthly

loan $1,320,000

25-year amortization

down payment20% · $330,00020%+ 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: $836,668
property transfer tax: $31,000; BC general rate
cash to close: $361,000; down + PTT
total paid: $2,156,668

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.