10869 10911 248 St, Maple Ridge BC – Land for Sale – MLS® R3164351

10869 10911 248 Street, Maple Ridge, British Columbia V2W 1G7

30 days on the market
$6,250,000
Est. Mortgage $27,650/mo
Listing updated:
EstateBlock checked:
0 sqft
30 days on the market
$6,250,000
Est. $27,650/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 10869 10911 248 Street

An exceptional opportunity to acquire two contiguous, side-by-side parcels totalling approximately 6.76 acres of RS-3 zoned land in Maple Ridge’s desirable Albion neighbourhood. Each property features a single-family residence, providing potential holding income while buyers pursue future redevelopment and rezoning opportunities. The properties are designated for Townhouse use under the Official Community Plan (OCP), creating compelling long-term redevelopment potential. With significant land area, a growing residential community, and OCP support for townhouse use, this offering presents an attractive opportunity for developers and investors. Primary value is in the land and its future potential. Purchasers are advised to conduct their own due diligence with the City of Maple Ridge.

Exterior Features

Exterior Features Private Yard
Structures Land Only

Building Details

Price $6,250,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Septic Tank, Storm Sewer Nearby, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Well Shallow

Lot & Land

Lot Size 6.76
Lot Size Depth Feet
Lot Size Frontage 456.39
MLS® # R3164351
Area Maple Ridge
Neighbourhood Albion
City Maple Ridge
Postal Code V2W 1G7
Gross Taxes $54,568.7
Zoning RS-3

Property Timeline

Status Date Price
R3164351 / Active 09-09-2026 $6,250,000

Listed by: RE/MAX Real Estate Services

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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Meadowridge School
Above Average 3.06 km 9.3/10
Elementary, Secondary
Meadowridge School
Above Average 3.06 km 9.3/10

Closest Transit

Bus Stop
Northbound 248 St @ 106B Ave
0.42 km
Skytrain
West Coast Express @ Port Haney Station
5.22 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average 17.8%
No Certificate/Degree
Average 14.6%
Owner Occupied
Above Average 78.4%
Employment Rate
Above Average 72.6%

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

Sell Speed & Competition

24 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-20,081,250
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.22 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ALBION compares
This property
30 DOM
Very fast
Albion avg
49 DOM
Average
Maple Ridge avg
49 DOM
Slower market

10869 10911 248 Street has a sell-speed score of 24/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 421.3% above comparable active properties in Albion. The local market is currently a Buyer's Market with a sales-to-active ratio of 8.7% and an area average of 49 days on market — buyers have more leverage. With only 553 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V2W 1G7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2W 1G7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Langley Central, Langley (~11.9 km). Annual avg AQHI 1.8 — Low Risk.

Heat Elevated

Maple Ridge currently sees ~2 days above 30 °C per year (1981–2010 baseline), projected to rise to ~10 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.6 °C baseline, ~33.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~1595 mm (1981–2010 baseline), projected ~1657 mm by the 2050s. Extreme 1-day rainfall: ~54.5 mm baseline, ~60.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop westbound mcclure dr @ 244 st · 965 m · Transit

Schools NearBy

5 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Samuel Robertson Technical Secondary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.03 KM

Garibaldi Secondary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

2.33 KM

Albion Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.1 / 10

Distance

2.33 KM

Kanaka Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.68 KM

Webster's Corners Elementary

Public

Grades Served

—

Catchment Info

—
4.8 / 10

Distance

2.70 KM

Walkability & Transit Near 10869 10911 248 Street

Walk Score Badge
Car-Dependent 7

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
5

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 10869 10911 248 Street

/month
Principal & Interest
Property Taxes $4,547
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $28,418/month in total housing costs on this $6,250,000 property — $23,871 mortgage payment, $4,547 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $12,842/month estimated rent and $28,790/month in total housing costs, this property has a -$15,948/month cashflow. Break-even down payment: approximately 74%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 10869 10911 248 Street, Maple Ridge

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Albion, Maple Ridge

Beds Home Types Square Feet Lot Size Year Built
This Home $6,250,000
Maple Ridge Loading...
Albion Loading...

Based on 6 comparable active properties in Albion, the average asking price is $1,199,000. This listing is priced 421.3% above the neighbourhood average.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 10869 10911 248 Street

Walk Score Badge
Car-Dependent 7

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
5

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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