1 / 25

$849,000

3 11282 COTTONWOOD DRIVE

Maple Ridge · MLS® R3120592

3 bed · 4 bath · 2,054 sq ft · 4 parking

Townhouse · Single Family · built 2008 · 154 days on market

Listed by Johnny Zhao, Nu Stream Realty Inc.

Realtor's description

Over 2000 sqft townhouse, 3bedrooms above, rec room below, 4 bathroom, 4 parkings, and there are many visitor parking cross the street. Living room and Yard facing South, lots of natural lights, Garage facing North. Lots of storage area, inside quiet unit.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 4
Living area: 2,054 sq ft
Parking: 4
Year built: 2008
Property tax: $4,445 / yr
Strata fee: $443 / mo ($0.22 / sq ft)
Strata rules: Pets Allowed
Days on market: 154
MLS®: R3120592

Features

Central location
Pets Allowed
All

Price check

Below typical for the area (-11%)

Price per sq ft: $413 vs $464 median for townhouses in Maple Ridge for sale (117)

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 154 days

The market here

Listed now: 41 days; median for 117 townhouses for sale; this one 154 days

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

Monthly cost

$4,512/mo

Mortgage $3,699 · Tax $370 · Strata $443

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

estimated payment

$3,699/ monthly

loan $679,200

25-year amortization

down payment20% · $169,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $430,503
property transfer tax: $14,980; BC general rate
cash to close: $184,780; down + PTT
total paid: $1,109,703

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: −$2,823/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,699 · tax $370 · strata $443 · 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