11052 240 St, Maple Ridge, BC, MLS® R3023893

$1,748,000
Est. Mortgage /mo

Below Assessment Value

$1,748,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 51836 sqft
2256 sqft
1958 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

11052 240 St, Maple Ridge, BC | MLS® R3023893 Property Details

Below Assessment Value

DEVELOPERS' and BUILDERS' ALERT: 1.19 acres lot along 240 St.in Cottonwood, Maple 1Ridge . Potential 5 BUILDING LOT redevelopment site. Access road is available in the neighborhood already. Property is listed at approx. $800,000 below BC Assessment value. Please contact listing agent for information package and a private showing.

General Info

Price $1,748,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2256
Lot Size 1.19
Lot Size Depth Feet
Lot Size Frontage -
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1958
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3023893
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Gross Taxes $11,519.53
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Detached
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning RS-3
Rental Suites None
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Pacific Realty (Kingsway) Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Garibaldi Secondary School
2.44 km
Elementary
Blue Mountain Elementary School
3.2 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Meadowridge School
2.38 km
Elementary, Secondary
Meadowridge School
2.38 km

Closest Transit

Bus Stop
Southbound 240 St @ 110 Ave
0.13 km
Skytrain
West Coast Express @ Port Haney Station
3.74 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to this charming home at 11052 240 Street, Maple Ridge, BC, proudly presented with MLS® R3023893. As we walk through this beautiful community, I'd like to share with you the exciting features that make this location truly special.

Let's start with the schools. Your children will be well taken care of with Blue Mountain Elementary School, located just 3.2 km from this property with MLS® R3023893. With no rating to speak of, this school is definitely worth looking into. Additionally, Garibaldi Secondary School is also nearby, just 2.44 km away. And for those seeking an independent education, Meadowridge School is a close 2.38 km from this home, with no rating to report.

Now, let's talk about safety. According to the latest statistics from Statistics Canada's 2020 report, the neighbourhood surrounding 11052 240 Street, Maple Ridge, BC has experienced 9,462 incidents of disturbance, which translates to an overall crime rate of 10,310.11 per 100,000 population. While this may seem high, it's essential to note that it's actually Above Average compared to other Canadian cities. Moreover, the crime rate has seen a significant decrease of -13.72% over the years.

When it comes to specific types of crime, the rate of drug-related offenses is also Above Average, with a rating of 361.76 and 332 incidents reported in 2020. However, it's reassuring to know that the rate has decreased by -23.47% year-over-year. Furthermore, property crimes in the area are considered Average, with a rating of 3,824.61 and 3,510 incidents reported in 2020, a decrease of -20.63% over the years.

Violent crime rates are also a concern, with 1,976 incidents reported in 2020, resulting in an Above Average rate of 2,153.12 per 100,000 population. While this may seem alarming, it's worth noting that the rate has decreased by -6.53% over the years.

As we explore this community, you'll find the Southbound 240 St @ 110 Ave bus station just 0.13 km away from this property with MLS® R3023893, providing convenient access to public transportation.

Demographically, this neighbourhood is home to a diverse population. According to the latest data, 17.8% of residents have a university certificate or degree, which is Average compared to other BC neighbourhoods. Conversely, 14.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is a respectable $110,208, which is High compared to the British Columbia average. Additionally, personal income is also Above Average, with a median of $40,949. Furthermore, 78.4% of households in this area have a mortgage, which is High compared to other neighbourhoods.

Unemployment rates are also a positive aspect of this community, with a rate of 4%, which is Low compared to other provinces. Population growth has been steady, with a 10.8% increase between 2011 and 2016, which is High compared to average growth rates in this region.

This neighbourhood boasts a population density of 586.3 people per square kilometre, which is Average compared to other areas. Family sizes are slightly larger, with an average of 3.2 people per household, which is High compared to the region. Additionally, 72.6% of families in this area have children, which is High, and 66.3% of residents are married or living common law, which is Above Average.

The average age of residents in this community is 35.4, which is Low compared to other BC cities. And with an average value of dwellings at $724,709, this neighbourhood is considered High compared to other areas in British Columbia.

When it comes to housing costs, owners are spending an average of $1,930 per month on their properties, which is High compared to other cities. Tenants, on the other hand, are paying an average of $1,417 per month, which is also High.

Rental rates are relatively low, with 12.4% of the population renting their homes, which is Below Average compared to other BC cities and areas.

In terms of language, 92.8% of residents in this area speak only English, which is Above Average, while 6.2% speak both English and French, which is Below Average. Only 1% of residents speak neither English nor French, which is Average compared to other BC cities.

Transportation-wise, 89% of residents use cars, which is Above Average, while 8.4% use public transportation,

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,748,000
Maple Ridge $4,033,333
Cottonwood MR $4,200,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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