1 / 24

$330,000

307 11671 FRASER STREET

Maple Ridge · MLS® R3159367

2 bed · 1 bath · 689 sq ft · 1 parking

Condo · Single Family · built 1993 · 41 days on market

Listed by Karel Hardiawan, Georgia Pacific Realty Corp.

Realtor's description

Welcome to Belmar Terrace. FIRST TIME HOME BUYER & INVESTOR ALERT! This well layout & spacious 2 bedrooms & 1 bathroom home is ready to MOVE-IN. Kitchen updates including stainless steel appliances (stove, microwave & dishwasher) and soft closing cabinet drawer. Great size for primary bedroom & second bedroom & den/in-suite storage area. Plenty of natural light in this South Facing home. Large balcony to enjoy your outdoor living space. Within walking distance to downtown Maple Ridge for shopping, grocery, restaurant, parks, public transit and many more. Shared Laundry. Pets & Rentals allowed. ONE Underground Car Parking. CONTACT NOW to schedule your private viewing appointment.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 689 sq ft
Parking: 1
Year built: 1993
Property tax: $3,281 / yr
Strata fee: $348 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 41
MLS®: R3159367

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

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator
Intercom

Price check

Below typical for the area (-16%)

2026 assessment: $366,600 · asking is -10.0%
Price per sq ft: $479 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 41 days

The market here

Listed now: 54 days; median for 152 condos for sale; this one 41 days

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

Monthly cost

$2,060/mo

Mortgage $1,438 · Tax $273 · Strata $348

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

estimated payment

$1,438/ monthly

loan $264,000

25-year amortization

down payment20% · $66,00020%+ 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: $167,334
property transfer tax: $4,600; BC general rate
cash to close: $70,600; down + PTT
total paid: $431,334

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: $1,653/mo
After all costs: −$574/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,438 · tax $273 · strata $348 · 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