Home Maple Ridge, BC Albion 24340 River Road

24340 River Rd, Maple Ridge BC – Land for Sale – MLS® R3098741

24340 River Road, Maple Ridge, British Columbia V2W 1M2

226 days on the market

$999,900

Est. Mortgage $4,424/mo

Listing updated: Sep 1, 2026 at 11:15am

EstateBlock checked: Oct 21, 2026 at 12:45am

0 sqft

23.1% price reduction 68.9% cheaper than comps

Photo

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: $1,688,831

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

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

226 DOM

Slower than area

Albion avg

49 DOM

Average

Maple Ridge avg

49 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 68.9% 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 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 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. 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)

Bruceâs 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

Car-Dependent 12

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 5

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.

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

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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.