11363 240 St, Maple Ridge, BC, MLS® R2942040

$5,900,000
Est. Mortgage /mo

$5,900,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 85813 sqft
2035 sqft
1920 built
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Photos
Map
Street view
Schools
Crime
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11363 240 St, Maple Ridge, BC | MLS® R2942040 Property Details

Prime 1.97 acres, mixed use property in the growing Albion/Cottonwood area of Maple Ridge. Buy and build your dream home or hold for potential development. Two street fronts, 239 St & 113B Ave on the west and 240 St on the east with the property being split by Rainbow/Spencer Creek in the middle.

General Info

Price $5,900,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 2035
Lot Size 1.97
Lot Size Depth Metres
Lot Size Frontage 165
Basement Crawl Space, None
Basement Features BasementFeatures

Property Metrics

Year Built 1920
Age Of Building 105
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2942040
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Gross Taxes $13,341.33
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Oil

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Carport Single, Tandem, Gravel
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning RS3
Rental Suites None
# of Kitchens 1
Flooring Laminate, Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Septic Tank, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Regal Realty Ltd.

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.

Neighborhood Info

Public Schools

Secondary
Garibaldi Secondary School
2.1 km
No Rating
Elementary
Blue Mountain Elementary School
2.74 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Meadowridge School
1.75 km
No Rating
Elementary, Secondary
Meadowridge School
1.75 km
No Rating

Closest Transit

Translink
Southbound 240 St @ 11500 Block
0.32 km

Welcome to 11363 240 Street, Maple Ridge, BC, where the perfect blend of community and convenience awaits you. This beautiful property, listed as MLS® R2942040, is nestled in a charming neighborhood that offers a tranquil atmosphere and easy access to the best amenities.

Let's start with the schools. Your children will thrive in the excellent educational system, with Blue Mountain Elementary School just 2.74 km away, boasting a rating of No Rating. For older students, Garibaldi Secondary School is also nearby, at 2.1 km, also with a rating of No Rating. If you're looking for an alternative educational option, Meadowridge School, an independent elementary school, is a short 1.75 km away, also with a rating of No Rating.

Now, let's talk about the safety of the area. According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 11363 240 Street, Maple Ridge, BC, has a crime rate of 10,310.11, which is Above Average compared to other Canadian cities. However, it's essential to note that the overall crime rate has been decreasing by 13.72% year-over-year. When it comes to specific types of crimes, the neighborhood has an Above Average drug crime rate, with 361.76 incidents per 100,000 population in 2020. Property crimes in the area are Average, with 3,824.61 incidents per 100,000 population, and the violent crime rate is Above Average, with 2,153.12 incidents per 100,000 population.

One of the most significant advantages of living in this neighborhood is its excellent public transportation system. The closest bus station, Southbound 240 St @ 11500 Block, is just 0.32 km away, making it easy to get around without a car.

Now, let's dive into the demographics of the area. This neighborhood is home to a diverse population, with 17.5% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 13.8% of the population has no certificate or degree, which is Below Average compared to the province's average. The median household income in the area is $106,880, which is High compared to the British Columbia average. Additionally, 80.6% of households in the area have a mortgage, which is High compared to other neighborhoods.

The unemployment rate in the area is 5.4%, which is Low compared to other provinces. The population change between 2011 and 2016 was 9.5%, which is High compared to average growth rates in the region. The population density per square kilometer in the area is 3,042.3, which is Above Average. The average size of families in the area is 3.2, which is High compared to the whole region. Furthermore, 76.7% of families in the area have children, which is High. The average age of the population in the area is 36.1, which is Low compared to other BC cities.

When it comes to real estate, the average value of dwellings in the neighborhood surrounding 11363 240 Street, Maple Ridge, BC, is $617,771, which is High compared to other areas in British Columbia. The average owner payments in the area are High, with $1,846 spent on average for dwellings. Ten553ants in the area pay $1,331 on average, which is also High comparing to other cities. The percentage of renters in the area is 12.1%, which is Below Average compared to other BC cities and areas.

Finally, let's talk about the language spoken in the area. The percentage of English and French speakers in the area is 4.7%, which is Below Average. However, the percentage of English speakers only is 93.9%, which is Above Average. The percentage of neither English nor French speakers is 1.2%, which is Average compared to other BC cities.

In conclusion, 11363 240 Street, Maple Ridge, BC, MLS® R2942040, offers a unique blend of community, convenience, and amenities. With its excellent schools, safe neighborhood, and easy access to public transportation, this property is an ideal choice for families and individuals looking for a peaceful and convenient lifestyle.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,900,000
Maple ridge $1,300,000
Cottonwood MR $1,300,000
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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