11394 240 St, Maple Ridge, BC, MLS® R3047551

$1,375,000
Est. Mortgage /mo

NEW

$1,375,000
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
1 Stories
lot 15600 sqft
1403 sqft
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

11394 240 St, Maple Ridge, BC | MLS® R3047551 Property Details

This property offers major potential for subdivision into 2 lots or rezoning under Bill 44 to allow for a 4-plex or 6-plex—check with the City of Maple Ridge. Featuring valuable lane access, this lot is ideal for future development. The existing 3-bedroom, 2-bathroom rancher includes a spacious kitchen with stainless steel appliances, laminate flooring, gas fireplace, and hot water on demand. A large detached 2-car garage/shop with power is perfect for a hobbyist or car enthusiast. Plenty of parking space, plus room for an RV or boat with back lane access. Currently tenanted—24 hours’ notice required for showings. Great opportunity in a growing area!

General Info

Price $1,375,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1403
Lot Size 15600
Lot Size Depth Feet
Lot Size Frontage 106
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3047551
Area Maple Ridge
Neighbourhood Cottonwood MR
City Maple Ridge
Gross Taxes $5,479.79
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Independent living, Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Hot Water, Natural Gas

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RS-3
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt, Metal

Property History

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Status Date Price
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Listed by: Woodhouse 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.

Neighborhood Info

Public Schools

Secondary
Garibaldi Secondary School
1.95 km
No Rating
Elementary
Blue Mountain Elementary School
2.61 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
1.69 km
No Rating
Elementary, Secondary
Meadowridge School
1.69 km
No Rating

Closest Transit

Translink
Southbound 240 St @ 11500 Block
0.25 km

Welcome to 11394 240 Street, Maple Ridge, BC V2W 0B4, a wonderful community with a mix of small-town charm and urban conveniences.

As we walk through the neighborhood, we're surrounded by excellent schools that cater to families. The property at 11394 240 Street is serviced by Blue Mountain Elementary School, which is just a 2.61 km stroll away. This school has a rating of No Rating, but families love this area because of its strong community values, supported by the nearby Garibaldi Secondary School, located 1.95 km from the property. Garibaldi Secondary School also carries a No Rating, but its proximity to this home makes it an attractive option for families.

We also have nearby independent schools like Meadowridge School, which is just 1.69 km away from 11394 240 Street. This school's No Rating doesn't define its excellent reputation and commitment to providing quality education.

Safety and Security

According to the latest crime statistics from Statistics Canada (2020), the area around 11394 240 Street, Maple ridge, BC has a crime rate of 10,310.11, which is Above Average compared to other Canadian cities. However, the year-over-year change in crime rate is a significant -13.72%, indicating a decline in criminal activity.

In terms of specific crimes, the drug crime rate is also Above Average, with a rating of 361.76 and 332 incidents in 2020. The year-over-year change in this ranking is a notable -23.47%. Meanwhile, property crimes are Average, with a rating of 3,824.61 and 3,510 incidents in 2020. The year-over-year change in this rate is -20.63%.

On the other hand, violent crimes are Above Average, with a rate of 2,153.12 and 1,976 incidents in 2020. The year-over-year change in this rate is -6.53%.

Community Amenities

The property at 11394 240 Street is conveniently located near public transportation, with the Southbound 240 St @ 11500 Block bus station just 0.25 km away.

In terms of demographics, this neighborhood has an Average percentage of people with a university certificate/degree, at 17.8%. However, the percentage of population with no certificate or degree is Below Average, at 14.6%.

The median household income in this area is $110,208, which is High compared to the British Columbia average. The median personal income is $40,949, which is Above Average in comparison to the BC average. Furthermore, 78.4% of households have a mortgage, which is High.

Lifestyle and Environment

The unemployment rate in this area is a Low 4%, which is a testament to the strong economy and job market in Maple ridge, BC.

This community has experienced High population growth between 2011 and 2016, at 10.8%. The population density per square kilometer is 586.3, which is Average.

The average family size in this neighborhood is 3.2, which is High compared to the whole region. The percentage of families with children is also High, at 72.6%. Meanwhile, the percentage of married or living common law is Above Average, at 66.3%.

The average age of the population is 35.4, which is Low compared to other BC cities.

Real Estate

The average value of dwellings in this neighborhood is $724,709, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,930. Tenants are paying $1,417 in this district, which is High compared to other cities.

Only 12.4% of the population in this district are renters, which is Below Average compared to other BC cities and areas.

Language and Transportation

The percentage of English and French speakers in this area is Below Average, at 6.2%. However, the percentage of English speakers only is Above Average, at 92.8%. The percentage of neither English nor French speakers is Average, at 1%.

The majority of the population uses Cars, with 89% of the population relying on this mode of transportation. The use of Public Transport is Average, at 8.4%, while the use of Bicycles is Low, at 0.3%. Walking is also Low, at 1.5%.

Experience the Best of Maple Ridge

At 11394 240 Street, Maple Ridge, BC V2W 0B4, MLS® R3047551, you'll find a wonderful blend of community spirit, excellent schools, and urban conveniences. Whether you're a family, a young professional, or a retiree, this property has something

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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 $1,375,000
Maple ridge $2,179,967
Cottonwood MR $949,500
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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