1 / 14

$458,800

322 12109 223 STREET

Maple Ridge · MLS® R3150626

All units at 12109 223 St →

2 bed · 1 bath · 657 sq ft · 1 parking

Condo · Single Family · built 2025 · 73 days on market

Listed by Ying (Yogi) Niu, Magsen Realty Inc.

Realtor's description

GST included! Inspire 2 bedrm 1 bath unit offers a spacious layout with high ceilings creating a bright and airy feel. Enjoy a west-facing balcony overlooking the tranquil garden courtyard. The designer kitchen boasts quartz countertops and SS appliances. Relax in a spa-inspired bathroom. Unmatched amenities include a full gym, yoga studio, social lounge, and rooftop patios with panoramic mountain views. Located in the heart of Maple Ridge - just steps from transit, shopping and schools.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 657 sq ft
Parking: 1
Year built: 2025
Property tax: $1,532 / yr
Strata fee: $252 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 73
MLS®: R3150626

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Above typical for the area (+24%)

2026 assessment: $434,000 · asking is +5.7%
Price per sq ft: $698 vs $565 median for condos in Maple Ridge for sale (153)

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 73 days · no price changes so far

The market here

Listed now: 46 days; median for 161 condos for sale; this one 73 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$434,000	$1,969

The listing shows $1,532 a year in property tax.

Estimate: the BC Assessment value times Maple Ridge's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,379/mo

Mortgage $1,999 · Tax $128 · Strata $252

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

estimated payment

$1,999/ monthly

loan $367,040

25-year amortization

down payment20% · $91,76020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $232,644
property transfer tax: $7,176; BC general rate
cash to close: $98,936; down + PTT
total paid: $599,684

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: −$893/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,999 · tax $128 · strata $252 · 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