2
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$11,800,000
Est. payment /mo
Active
20963 Lougheed HWY Maple Ridge, BC V2Z 1Y1
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8073972
Property Description
This project is suitable for market rental and townhome development. British Columbia has a shortage of housing. By 2030, there will be 610,000 units above the usual rate of housing construction, in order to bring housing affordability back. The project is ideally situated on Lougheed Hwy, 2 acres in size, and in close proximity to the Ridge Meadows Hospital. Upon a successful rezoning, this project may add approx. 102 units to Maple Ridge. The City of Maple Ridge is in need for more attached type midrise projects. Only 8.6% of homes in Maple Ridge are in 5 storey residential buildings. The project is only 1 km from the Ridge Meadows Hospital, and 1.8 km from the Golden Ears Bridge connecting to Hwy 1. It offers a convenient and a relatively affordable housing location for people working in the area, and a good housing option for those relying on Hwy 1 for work.
Location
Province BC
Community Southwest Maple Ridge
Area Maple Ridge
Zoning CS-3
Exterior
Utilities Available Fully Serviced, Sidewalk
Building
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
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