Prime 1.15-acre property in the Cottonwood Development Area with the potential to accommodate 18 townhouse units. Located in a growing neighborhood surrounded by newly built homes, this is a fantastic future development opportunity. The property includes a rentable house, a fully insulated 30' x 42' detached garage/workshop with space for 8+ vehicles, and a double carport. The mostly level, gated lot boasts 140 feet of frontage on 240th Street. An exceptional investment opportunity!
Address
11403 240 Street
List Price
$3,199,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Area
Maple Ridge
Sub-Area
Cottonwood MR
Bedrooms
3
Bathrooms
1
Floor Area
1,422 Sq. Ft.
Main Floor Area
1422
Lot Size
50094 Sq. Ft.
Lot Size Dimensions
140 x
Lot Size (Acres)
1.15 Ac.
Lot Features
Central Location, Private
Lot Size Units
Acres
Total Building Area
1782
Frontage Length
140
MLS® Number
R2961590
Listing Brokerage
Century 21 Coastal Realty Ltd.
Basement Area
Partial
Postal Code
V2W 1A3
Zoning
RS-3
Ownership
Freehold NonStrata
Parking
Detached
Parking Places (Total)
12
Tax Amount
$11,905.08
Tax Year
2024
Site Influences
Balcony, Central Location, Private
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Gas
Laundry Features
In Unit
Number Of Floors In Property
1