24340 River Rd, Maple Ridge BC - Land for Sale - MLS# R3098741

181 days on the market
$999,900
Est. Mortgage $4,424/mo
Listing updated:
EstateBlock checked:
0 sqft
23.1% price reduction 61% cheaper than comps
181 days on the market
$999,900
$1,299,900
Est. $4,424/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 24340 River Road

23.1% price reduction 61% cheaper than comps

This 1.444-acre property in Maple Ridge offers a unique investment opportunity with RS-3 zoning and an Official Community Plan designation for Industrial use. The current RS-3 zoning allows for single-family residential development, ideal for those looking to build a custom home in a serene, natural setting, with city water conveniently nearby. Additionally, the Industrial designation provides future potential for transitional land use, bridging residential and commercial developments, which could enhance the property's long-term value. Whether you're interested in immediate development or holding for future growth, this versatile property offers the best of both worlds.

Exterior Features

Structures Land Only

Building Details

Price $999,900
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public
Parking Type Front Access

Lot & Land

Lot Size 1.44
Lot Size Depth Feet
MLS® # R3098741
Area Maple Ridge
Neighbourhood Albion
City Maple Ridge
Postal Code V2W 1M2
Gross Taxes $6,178.58
Zoning RS-3

Property Timeline

Status Date Price
R3098741 / Active 03-09-2026 $999,900
to view full Property History (3 earlier records)

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
Albion Elementary School
Average 0.98 km 5.1/10

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 5.07 km 9.3/10
Elementary, Secondary
Meadowridge School
Above Average 5.07 km 9.3/10

Closest Transit

Bus Stop
Southbound On Jackson Rd @ 101 Ave (Flag)
0.88 km
Skytrain
West Coast Express @ Port Haney Station
5.59 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
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

66 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,609,839
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.59 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ALBION compares
This property
181 DOM
Slower than area
Albion avg
58 DOM
Average
Maple Ridge avg
58 DOM
Faster market

24340 River Road has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 61% below comparable active properties in Albion, 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 likely to sell within a few weeks.

Climate Risk for V2W 1M2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2W 1M2, 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 (~9.4 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

Groceries (1 nearby)

  • Bruce’s country market · 902 m · Supermarket

Restaurants (1 nearby)

  • Pizza · 974 m · Restaurant

Cafes (1 nearby)

  • Kanaka creek coffee · 980 m · Cafe

Transit (1 nearby)

  • Bus stop eastbound river rd @ 23900 block · 987 m · Transit

Schools NearBy

2 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Albion Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.1 / 10

Distance

978 m

Samuel Robertson Technical Secondary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

1.53 KM

Walkability & Transit Near 24340 River Road

Walk Score Badge
Car-Dependent 12

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
3

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 24340 River Road

/month
Principal & Interest
Property Taxes $515
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($199,980), the estimated monthly payment for this listing is $4,334/month — $3,819 principal & interest, $515 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
At an estimated rental income of $3,522/month, this property runs a $978/month shortfall after mortgage and carrying costs. Break-even requires approximately 41% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 24340 River Road, 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 — Albion, Maple Ridge

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

Comparable data is unavailable at the neighbourhood level. City-wide in Maple Ridge, similar properties average $2,564,333 across 6 active listings — this listing is 61% below the Maple Ridge average. This property is flagged as a Hot Deal (23.1% price reduction, 61% 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

Call or Text Now!

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $6,774
0 of 21 missions

Sign up on Estateblock.com

$339 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 24340 River Road

Walk Score Badge
Car-Dependent 12

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
3

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Land for Sale in Albion