$7,380,000
Prime 3.28 acre potential townhouse development site in Maple Ridge’s Cottonwood area. Designated Urban Residential in the OCP with potential for townhouse/rowhome development. Well positioned in a rapidly growing neighbourhood with active development nearby and possible assembly opportunity (adjacent 2 acres may be available). Services nearby and close to shopping, amenities, and major transportation routes. An excellent opportunity for developers seeking scale in a strong growth corridor. Contact for more information.
| Structures | Land Only |
|---|
| Price | $5,500,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 3.28 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3076680 |
| Area | Maple Ridge |
| Neighbourhood | Cottonwood MR |
| City | Maple Ridge |
| Postal Code | V4R 1M6 |
| Gross Taxes | $51,960.49 |
| Zoning | RS3 |
Listed by: RE/MAX LIFESTYLES 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
11673 240 Street has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 41% above comparable active properties in Cottonwood MR. 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 could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4R 1M6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~13.2 km). Annual avg AQHI 1.8 — Low Risk.
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.
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.
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.
11 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Alexander Robinson Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.07 KM
|
|
Meadowridge School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance1.15 KM
|
|
Kanaka Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.58 KM
|
|
Golden Ears Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.66 KM
|
|
Garibaldi Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.81 KM
|
|
Harry Hooge Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.16 KM
|
|
District 42 Alternative Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.29 KM
|
|
Blue Mountain Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance2.31 KM
|
|
Samuel Robertson Technical Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.60 KM
|
|
Yennadon Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.66 KM
|
|
Eric Langton Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance3.00 KM
|
Buy Vs Rent Calculator
Rent vs own
—
Based on 6 comparable active properties in Cottonwood MR, the average asking price is $3,899,833. This listing is priced 41% above the neighbourhood average. This property is flagged as a Hot Deal (25.5% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
$6,800,000
24487 112 Avenue, Maple Ridge, BC
$5,299,000
12848 240 Street, Maple Ridge, BC
$4,900,000
24392 104 Avenue Avenue, Maple Ridge, BC
$6,850,000
7628 202a Street, Langley, BC
$6,800,000
20370 73a Avenue, Langley, BC
$6,800,000
7235 204 Street, Langley, BC
$4,950,000
5986 232 Street, Langley, BC
12.7% price reduction
$6,900,000
18190 92 Avenue, Surrey, BC
$4,799,000
7141 Satchell Street, Abbotsford, BC
$4,999,000
9419 173a Street, Surrey, BC
26.4% price reduction
$4,785,000
18493 Fraser Highway, Surrey, BC
$3,895,000
2381 Shaughnessy Street, Port Coquitlam, BC