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11941 11951 222 Street, Maple Ridge
Description
13,788 sq ft, zoned RM-3 presents an exceptional opportunity for high-density residential development, allowing for a base floor space ratio (FSR) of 1.2 times the lot area, w/ potential for a minimum of 5 storeys & up to 12 storeys. This flexible zoning is ideal for developers looking to create vibrant, community-focused apartment or townhouse projects that maximize both space & value. The property offers great potential for rezoning, providing an opportunity to increase density & unlock even greater value for a high-impact development. This area is an up-and-coming community w/ rapid growth & a thriving local economy, making it an excellent location for investment. With its proximity to Vancouver & stunning natural surroundings, the region offers tremendous potential for developers.
Taxes (2024): $8,877.57
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