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$389,900

301 11957 223 STREET

Maple Ridge · MLS® R3151096

2 bed · 2 bath · 1,040 sq ft · 1 parking

Condo · Single Family · built 1975 · 68 days on market

Listed by Japneet Cheema, YPA Your Property Agent

****Location Location****Don't miss this spacious top-floor corner unit with a rare wraparound balcony! This bright 2-bedroom, 2-bathroom home features brand new laminate flooring, an open-concept layout, and large windows that fill the space with natural light. The generous primary bedroom includes a ensuite. Ideally located just steps to shopping, restaurants, medical offices, transit, and all major amenities. Perfect for first-time buyers, downsizers, or investors. Book your private showing today! **Heat, Hot Water etc included in strata fee**

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,040 sq ft
Parking: 1
Year built: 1975
Property tax: $2,236 / yr
Strata fee: $548 / mo ($0.53 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 68
MLS®: R3151096

Below typical for the area (-34%)

2026 assessment: $367,300 · asking is +6.2%
Price per sq ft: $375 vs $565 median for condos in Maple Ridge for sale (152)
Last sold: $415,000 · May 30, 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.

Central location
Elevator
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 68 days

Listed now: 53 days; median for 152 condos for sale; this one 68 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,434/mo

Mortgage $1,699 · Tax $186 · Strata $548

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

estimated payment

$1,699/ monthly

loan $311,920

25-year amortization

down payment20% · $77,98020%+ 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: $197,707
property transfer tax: $5,798; BC general rate
cash to close: $83,778; down + PTT
total paid: $509,627

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.

Rent: $1,653/mo
After all costs: −$948/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,699 · tax $186 · strata $548 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

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