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416 12070 227 Street
homes for sale · Maple Ridge
416 12070 227 Street — photo 1 of 19
1 / 19
$449,900

416 12070 227 Street

Maple Ridge · MLS® R3177735

all units at 12070 227 St →

222

849 sq ft · Condo · Single Family · built 2015 · 4 days on market

listed by Colin Colpitts, Royal LePage Sterling Realty

realtor's description

Bright top floor corner home at Station One! This 2 bedroom, 2 bathroom home offers abundant windows that fill the space with natural light, plus a large sundeck with unobstructed views to the east. Enjoy 9 foot ceilings, quartz countertops, stainless steel appliances and in suite laundry. Two parking stalls add everyday convenience. Centrally located in downtown Maple Ridge, just steps to transit, shopping, restaurants, recreation, swimming and entertainment. Ecole Eric Langton Elementary and St. Patrick's School are both nearby.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
849 sq ft
parking
2
year built
2015
property tax
$3,154 / yr
strata fee
$391 / mo ($0.46 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
4
MLS®
R3177735

features

  • Central location
  • Pets Allowed With Restrictions
  • All

property tax by year

yearassessedest. tax
2026$528,000$2,395
2025$553,000$2,317

Estimated tax up 3.4% from 2025 to 2026.

The listing shows $3,154 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

$2,614/mo
Mortgage $1,960 · Tax $263 · Strata $391

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

estimated payment
$1,960/ monthly
loan $359,920
25-year amortization
total interest
$228,131
property transfer tax
$6,998
BC general rate
cash to close
$96,978
down + PTT
total paid
$588,051
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$1,870/mo
after all costs
−$929/mo
cap rate
2.8%
yearly net rent ÷ price

Costs: mortgage $1,960 · tax $263 · strata $391 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Maple Ridge: CMHC's average there ($1,653) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Colin Colpitts
Royal LePage Sterling Realty
call Colin · 604-561-9558
Powered by: REALTOR.ca

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the market here

listed now
54 days
median for 144 condos for sale; this one 4 days

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

location

the building's lot: 3,647 m² (39,256 sq ft) · PID 029-619-556. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Maple RidgeGoogle Maps ↗
Drive times
  • Eric Langton Elementary1 min
  • Thomas Haney Secondary4 min
  • Ridge Meadows Hospital6 min
  • Justice Institute of British Columbia Maple Ridge15 min
  • Downtown Vancouver50 min
  • YVR airport61 min
98

Walkability 98/100 · Very walkable: most errands on foot

Within a 10 minute walk: 5 grocery stores, 38 places to eat or drink, 10 cafes, 9 parks and playgrounds, 2 schools, 5 pharmacies, 30 transit stops.

mihom score from OpenStreetMap places, by straight line distance.