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$399,900

306 22347 LOUGHEED HIGHWAY

Maple Ridge · MLS® R3153285

1 bed · 1 bath · 719 sq ft · 1 parking

Condo · Single Family · built 1999 · 62 days on market

Listed by Chase Shymkiw, Stonehaus Realty Corp.

Realtor's description

HIDDEN GEM!! Great value in this updated 1 Bedroom + DEN upper unit in the heart of Maple Ridge! Featuring one of the LARGEST patios in the building, there's plenty of space for entertaining, BBQs, relaxing, kids and pets. Inside offers updated Flooring (2021), a Modern Kitchen (2024), Cozy Gas Fireplace, Versatile Den & a Bright Clean Move-In Ready Layout! The building has updated PEX Plumbing for added peace of mind. Pet & Rental Friendly Building, making it a fantastic option for first-time buyers, downsizers, or investors. Complete with 1 Parking Stall, Storage Shed, all in a central location just steps to shopping, restaurants, parks, transit, and the West Coast Express. Low strata fees make this an affordable place to call home. Quick Possession Available!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 719 sq ft
Parking: 1
Year built: 1999
Property tax: $2,450 / yr
Strata fee: $388 / mo ($0.54 / sq ft)
Strata rules: Pets Allowed
Days on market: 62
MLS®: R3153285

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Pets Allowed
All

Price check

Typical for the area (-1.9%)

2026 assessment: $395,000 · asking is +1.2%
Price per sq ft: $556 vs $567 median for condos in Maple Ridge for sale (152)

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 62 days

The market here

Listed now: 54 days; median for 152 condos for sale; this one 62 days

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

Monthly cost

$2,335/mo

Mortgage $1,742 · Tax $204 · Strata $388

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
property transfer tax: $5,998; BC general rate
cash to close: $85,978; down + PTT
total paid: $522,698

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: $1,426/mo
After all costs: −$1,058/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · tax $204 · strata $388 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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