11394 240 STREET
Maple Ridge, BC V2W0B4
$1,050,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 15,600 square feet
- Frontage
- 104 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,150.8 (2025)
Interior
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage, Carport
Listing Information
- MLS®
- R3095791
- Listed
- March 4, 2026
- Time on market
- On the market for 181 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Prime building opportunity in the heart of East Maple Ridge. This 15,600 square ft lot (104 frontage x 150 ft depth) offers exceptional potential for builders and investors. Zoned RS-3 and designated ground oriented residential (GOR) in the official Community Plan, the property allows for up to 4 units, making it well suited for a multiplex, duplex with suites, or other small scale multi-unit development (buyer to verify with City of Maple Ridge) Partial lane access adds further flexibility for site planning and parking configuration. Located along 240 Street, this property benefits from convenient access to major commuter routes including Dewdney Trunk Road and Lougheed Highway. Everyday amenities are minutes away, with shopping and services at Valley Fair Mall and downtown Maple Ridge. (id:63159)
Values & Trends
This listing
$722/sqft
Building average
—
No other active listings in this building
Maple Ridge average
$646/sqft
449 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Maple Ridge
Monthly figures from the Fraser Valley Real Estate Board for Maple Ridge detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,184,800
Jul 2026
Average Sale Price
$1,192,292
Jul 2026
Monthly Sales
60
Jul 2026
Active Listings
425
Jul 2026
Sales-to-Active Ratio
14.0%
Jul 2026
Median Days to Contract
20 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Pitt Meadows
15°C
—
Humidity 87%
Wind E 4 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
90,990
(2021 Census)
+10.6% since 2016
Density: 339.7/km²
Dwellings: 34,254
Median household income: $105,000
After-tax: $92,000
Immigrant population: 22.5%
Top countries of origin (% of total population)
- United Kingdom2.8% · 2,570
- Philippines2.2% · 2,000
- India1.8% · 1,615
- China1.5% · 1,410
- Iran1.1% · 995
- Korea, South0.9% · 860
- United States of America0.8% · 735
- Germany0.6% · 555
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Alexander Robinson Elementary | Elementary | 1.0 km |
| Kanaka Creek Elementary | Elementary | 1.2 km |
| Meadowridge School(Independent) | K-12 | 1.7 km |
| District 42 Alternative Secondary | Secondary | 1.9 km |
| ci:tməxw Environmental Community | Elementary/Middle | 1.9 km |
| Golden Ears Elementary | Elementary | 1.9 km |
| c'usqunela Elementary | Elementary | 1.9 km |
| Garibaldi Secondary | Secondary | 2.0 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Southbound 240 St @ 11500 Block | — | 255 m |
| Northbound 240 St @ 11500 Block | — | 314 m |
| Northbound 240 St @ 112 Ave | — | 337 m |
| Westbound 112 Ave @ 240 St | — | 388 m |
| Southbound 240 St @ Kanaka Way | — | 446 m |
Nearby Places
Restaurants (1)
- Kanaka Pizza · 11225 240 Street368 m
Parks (2)
- Firefighters Park426 m
- Tsuyuki Park · 11170 241A Street593 m
Nearby places data: © OpenStreetMap contributors.
School district: Maple-Ridge Pitt-Meadows (SD42)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.