Home Maple Ridge, BC Silver Valley 12848 240 Street

Photos

Exterior photo of 12848 240 St, Maple Ridge, BC – MLS® R3125884

Exterior Rear Photo of 12848 240 Street, Maple Ridge, BC

EXCEPTIONAL 11 LOT SUBDIVISION OPPORTUNITY. Transform this 1.76-acre Silver Valley property into 11 brand new residential lots. This is a rare, shovel ready development opportunity in Maple Ridge's growth corridor, offering exceptional potential for builders and investors seeking immediate R-2 zoned land. With urban infrastructure already in place and parkland adjacency creating a desirable private setting, this property is positioned for success. The surrounding diverse uses further support residential growth and long term market strength. Whether you are an experienced developer or investor pursuing your next major project, this turnkey subdivision provides genuine entry into Maple Ridge's strong residential market.

Exterior Features

Exterior Features	Private Yard
Structures	Land Only

Building Details

Price	$5,299,000
Property Type	Land
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource)	Public

Lot & Land

Lot Size	1.76
Lot Size Depth	Feet
MLS^® #	R3125884
Area	Maple Ridge
Neighbourhood	Silver Valley
City	Maple Ridge
Postal Code	V4R 2R8
Gross Taxes	$14,575.67
Zoning	RS-3

Property Timeline

Status	Date	Price
R3125884 / Active	05-20-2026	$5,299,000

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.

Map & Neighbourhood

Public Schools

Elementary
Yennadon Elementary School: 1.41 km
Secondary
Garibaldi Secondary School: 2.27 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: 1.24 km
Elementary, Secondary
Meadowridge School: 1.24 km

Closest Transit

Bus Stop
Westbound 130 Ave @ 239B St: 0.53 km
Skytrain
West Coast Express @ Port Haney Station: 4.41 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 23.1%
No Certificate/Degree: Below Average 10.9%
Owner Occupied: Above Average 79.7%
Employment Rate: Above Average 66.5%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

Price competition grade

Avg comparable: $-794,850

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 4.41 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How SILVER VALLEY compares

This property

154 DOM

Slower than area

Silver Valley avg

49 DOM

Average

Maple Ridge avg

49 DOM

Faster market

12848 240 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 115% above comparable active properties in Silver Valley. 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 V4R 2R8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4R 2R8, 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 (~15.6 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 eastbound 133 ave @ 23800 block · 993 m · Transit

Schools NearBy

7 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Meadowridge School	Independent	Grades Served K-12	Catchment Info —	9.2 / 10	Distance 1.24 KM
Alexander Robinson Elementary	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 1.33 KM
Yennadon Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.4 / 10	Distance 1.41 KM
Blue Mountain Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.69 KM
Garibaldi Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.15 KM
Harry Hooge Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.26 KM
Golden Ears Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.86 KM

Walkability & Transit Near 12848 240 Street

Car-Dependent 9

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 24

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 12848 240 Street

/month

Principal & Interest

Property Taxes $1,215

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $21,454/month in total housing costs on this $5,299,000 property — $20,239 mortgage payment, $1,215 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

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $11,407/month estimated rent and $21,785/month in total housing costs, this property has a -$10,378/month cashflow. Break-even down payment: approximately 62%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12848 240 Street, Maple Ridge

Buy Vs Rent Calculator

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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.