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$549,900

401 22233 RIVER ROAD

Maple Ridge · MLS® R3164551

2 bed · 2 bath · 1,179 sq ft · 1 parking

Condo · Single Family · built 1998 · 25 days on market

Listed by Leo Bruneau, RE/MAX All Points Realty

Welcome to River Gardens! This spacious 2 bed, 2 bath condo features two generous bedrooms plus a separate office space. The updated kitchen shines with shaker cabinets, new hardware and newer appliances, while a cozy corner gas fireplace anchors the living area. Both 4-piece bathrooms have been beautifully renovated, including the primary ensuite. The showstopper is the incredible 250 sq. ft. covered deck overlooking the serene creek, perfect for year-round enjoyment. Next to the Fraser River and steps to the West Coast Express, this home combines space, natural beauty, convenience and an easy commute.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,179 sq ft
Parking: 1
Year built: 1998
Property tax: $3,225 / yr
Strata fee: $626 / mo ($0.53 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 25
MLS®: R3164551

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

Below typical for the area (-17%)

2026 assessment: $542,000 · asking is +1.5%
Price per sq ft: $466 vs $565 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.

Central location
Private setting
Treed
Elevator
Pets Allowed With Restrictions
All

On market 25 days

Listed now: 53 days; median for 152 condos for sale; this one 25 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$3,291/mo

Mortgage $2,396 · Tax $269 · Strata $626

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

estimated payment

$2,396/ monthly

loan $439,920

25-year amortization

down payment20% · $109,98020%+ 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: $278,838
property transfer tax: $8,998; BC general rate
cash to close: $118,978; down + PTT
total paid: $718,758

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: −$1,805/mo
Cap rate: 1.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,396 · tax $269 · strata $626 · 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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