
305 11862 226 STREET
Maple Ridge · MLS® R3152279
2 bed · 2 bath · 1,038 sq ft · 1 parking
Condo · Single Family · built 2015 · 64 days on market
Listed by Lorraine Manyk, RE/MAX LIFESTYLES REALTY
NEW PRICE! Exceptional value in the heart of downtown Maple Ridge! This bright 1,038 square ft CORNER home at Signature at Falcon Centre offers the space, light & walkable lifestyle buyers want at an approachable price. Featuring 2 bedrooms, 2 bathrooms, extra windows for natural light & a large sun-filled deck, this is easy-care living without sacrificing space. Step outside to shopping, restaurants, transit, recreation centre, parks & everyday conveniences. One of the larger 2 bedroom floorplans in the area, with 1 parking stall & 1 storage locker. A smart alternative to higher-priced newer construction, offering outstanding space, comfort, privacy & downtown livability. Ideal for downsizers, first-time buyers or anyone looking for more room in a convenient location. Come see the value!
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,038 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $3,268 / yr
- Strata fee
- $487 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 64
- MLS®
- R3152279
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $1,653/mo
- After all costs
- −$1,713/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $2,439 · tax $272 · strata $487 · 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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