11394 240 St, Maple Ridge BC - Single Family Residence for Sale - MLS# R3095791

187 days on the market
$999,900
Est. Mortgage $4,424/mo
Listing updated:
EstateBlock checked:
3 Beds
2 Baths
1454 sqft
688 $ /sqft
1940 built
14.5% price reduction 21.1% cheaper than comps
187 days on the market
$999,900
$1,170,000
Est. $4,424/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 11394 240 Street

14.5% price reduction 21.1% cheaper than comps

Prime building opportunity in the heart of East Maple Ridge. This 15,600 sq ft lot (104 frontage x 150 ft depth) offers exceptional potential for builders and investors. Zoned RS-3 and designated ground oriented residential (GOR) in the official Community Plan, the property allows for up to 4 units, making it well suited for a multiplex, duplex with suites, or other small scale multi-unit development (buyer to verify with City of Maple Ridge) Partial lane access adds further flexibility for site planning and parking configuration. Located along 240 Street, this property benefits from convenient access to major commuter routes including Dewdney Trunk Road and Lougheed Highway. Everyday amenities are minutes away, with shopping and services at Valley Fair Mall and downtown Maple Ridge.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $999,900
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1454
Year Built 1940
Age Of Building 86
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Front Access, Gravel
Total Parking Spaces 4

Lot & Land

Lot Size 15600
Lot Size Depth Feet
Lot Size Frontage 104
MLS® # R3095791
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Postal Code V2W 0B4
Gross Taxes $6,150.8
Zoning RS-3

Property Timeline

Status Date Price
R3095791 / Active 03-03-2026 $999,900
to view full Property History (5 earlier records)
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 11'8 x 11'8 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Living Room 19'5 x 19'5 ft
Main Level Kitchen 14' x 14' ft
Main Level Den 11'6 x 11'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast Realty

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

Public Schools

Elementary
Blue Mountain Elementary School
Below Average 2.64 km 3.7/10

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

Private Schools

Elementary, Secondary
Meadowridge School
Above Average 1.7 km 9.3/10
Elementary, Secondary
Meadowridge School
Above Average 1.7 km 9.3/10

Closest Transit

Bus Stop
Southbound 240 St @ 11500 Block
0.25 km
Skytrain
West Coast Express @ Port Haney Station
3.57 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

61 / 100
Overall sell-speed score
Moderate pace expected
A+
Price competition grade
Avg comparable: $1,210,879
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.57 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 COTTONWOOD MR compares
This property
187 DOM
Slower than area
Cottonwood MR avg
58 DOM
Average
Maple Ridge avg
58 DOM
Faster market

11394 240 Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 21.1% below comparable active properties in Cottonwood MR, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.4% and an area average of 58 days on market — buyers have more leverage. With only 577 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V2W 0B4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2W 0B4, 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 (BC ENV 2024). Nearest station: Langley Central, Langley (~12.7 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

Restaurants (1 nearby)

  • Kanaka pizza · 368 m · Restaurant

Transit (1 nearby)

  • Bus stop northbound 238b st @ 118 ave · 987 m · Transit

Schools NearBy

10 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Kanaka Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.34 KM

Alexander Robinson Elementary

Public

Grades Served

Catchment Info

6.3 / 10

Distance

1.64 KM

Meadowridge School

Independent

Grades Served

K-12

Catchment Info

9.2 / 10

Distance

1.70 KM

Golden Ears Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

1.95 KM

Garibaldi Secondary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.00 KM

Samuel Robertson Technical Secondary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.03 KM

District 42 Alternative Secondary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.46 KM

Harry Hooge Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

2.63 KM

Blue Mountain Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.7 / 10

Distance

2.64 KM

Albion Elementary School

Public

Grades Served

K-7

Catchment Info

5.1 / 10

Distance

2.68 KM

Walkability & Transit Near 11394 240 Street

Walk Score Badge
Car-Dependent 33

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 11394 240 Street

/month
Principal & Interest
Property Taxes $513
Maintenance fee 0
Financing 80% of the $999,900 asking price over 30 years at 4% results in approximately $4,332/month in total estimated carrying costs, $513 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,522/month in rental income, leaving a -$976/month cashflow at current carrying costs. Investors targeting break-even would need roughly 41% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 11394 240 Street, Maple Ridge

Buy Vs Rent Calculator

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

Rent vs own

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 — Cottonwood MR, Maple Ridge

Beds Home Types Square Feet Lot Size Year Built
This Home $999,900
Maple Ridge Loading...
Cottonwood MR Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Maple Ridge, similar Single Family Residences average $1,266,633 across 2 active listings — this listing is 21.1% below the Maple Ridge average. This property is flagged as a Hot Deal (14.5% price reduction, 21.1% cheaper than comparables) based on its competitive pricing and market demand.

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

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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 11394 240 Street

Walk Score Badge
Car-Dependent 33

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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