11820 207 St, Maple Ridge, BC | MLS^® R3075985 Property Details

Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.

General Info

Price $1,280,000

Total Bedrooms 3

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1592

Lot Size 7000

Lot Size Depth Feet

Lot Size Frontage 63.76

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1957

Age Of Building 69

Building Type Single Family Residence

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3075985

Area Maple Ridge

Neighbourhood Southwest Maple Ridge

City Maple Ridge

Gross Taxes $5,528.25

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 0

Heating Type Forced Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected

Utility Sewer Community, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning RS-1

Rental Suites -

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Community, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'6 x 15'6 ft
Main Level	Primary Bedroom	9'1 x 9'1 ft
Main Level	Bedroom	10'3 x 10'3 ft
Main Level	Bedroom	9'7 x 9'7 ft
Main Level	Kitchen	10'9 x 10'9 ft

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

Elementary

Maple Ridge Elementary School

Below Average

0.62 km

1.9/10

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

Private Schools

Elementary, Secondary

Maple Ridge Christian School

0.81 km

Elementary, Secondary

Maple Ridge Christian School

0.81 km

Closest Transit

Bus Stop

Westbound 117 Ave @ Graves St

0.33 km

Skytrain

West Coast Express @ Maple Meadows Station

1.44 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 11820 207 Street, a beautiful property located in the heart of Maple Ridge, BC. This stunning home, with its MLS listing R3075985, offers the perfect blend of comfort, convenience, and community living.

Let's start our tour by exploring the local schools. Maple Ridge Elementary School, just 0.62 km from this property, has a rating of 1.9/10. While the rating may not be the highest, this school is a great option for families, and its proximity to the property makes it an ideal choice for kids.

For those seeking a more independent education, Maple Ridge Christian School is just 0.81 km away. With its No Rating, this school offers a unique learning experience that's perfect for families looking for a different approach.

Now, let's talk about crime. According to the latest statistics from Statistics Canada (2020), this neighbourhood has an overall crime rate of 10,310.11, which is Above Average compared to other Canadian cities. However, it's essential to note that the year-by-year change in the total crime rate is -13.72%, indicating a decrease in crime over time.

In terms of specific crime types, the neighbourhood has an Above Average drug crime rate, with a rating of 361.76, and a slight decrease in illegal substances offences (-23.47%) over the years. Property crimes, on the other hand, are Average, with a rating of 3,824.61 and a decrease of -20.63% in property misconduct rates.

Moving on to demographics, the area surrounding this property has a unique blend of residents. With 12% of the population holding a university certificate or degree, this neighbourhood is Below Average compared to other BC neighbourhoods. However, 18.2% of the population have no certificate or degree, which is Average compared to the average in BC.

In terms of income, the median household income is $85,402, which is Above Average compared to the British Columbia average. The median personal income is $37,035, also Above Average. Additionally, 65.4% of households have a mortgage, which is Above Average.

When it comes to transportation, the closest bus station is Westbound 117 Ave @ Graves St, just 0.33 km away. The unemployment rate in the area is 4.9%, which is Low compared to other province neighbourhoods.

This property is located in the 11820 207 Street Southwest area of Maple Ridge, where the population change between 2011 and 2016 was 0%, which is Average compared to the average growth rate of the region.

In terms of population density, this community has a density of 2,299.7 people per square kilometre, which is Above Average. The average size of families in the area is 2.9, which is Average. Additionally, 62.8% of families have children, which is Above Average, and 57.6% of the population is married or living common law, which is Average.

The average age of the population is 41.7, which is Average compared to other BC cities. The average value of dwellings in this neighbourhood is $533,865, which is Above Average compared to other areas in British Columbia.

As for housing costs, the average owner payments are Above Average in the area, with owners spending an average of $1,357 for their dwellings. Tenants, on the other hand, are paying an average of $1,218, which is also Above Average.

In terms of population breakdown, 21.9% of the population are renters, which is Average compared to other BC cities and areas. The majority of the population, 83.9%, use cars as their primary mode of transportation, which is Average.

Lastly, let's talk about language proficiency. The area surrounding this property has a unique linguistic profile, with 6.6% of the population speaking both English and French, which is Average. However, 92.7% of the population speaks only English, which is Above Average.

In conclusion, this property at 11820 207 Street, Maple Ridge, BC (MLS R3075985) offers a unique blend of comfort, convenience, and community living. With its proximity to local schools, Average crime rates, and Above Average demographics, this property is an ideal choice for families and individuals looking for a relaxed and convenient lifestyle.

11820 207 St, Maple Ridge, BC, MLS^® R3075985