11673 240 STREET
Maple Ridge, BC V4R1M6
$5,500,000
Property Details
Property & Lot
- Lot size
- 3.28 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $51,960.49 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3076680
- Listed
- January 6, 2026
- Time on market
- On the market for 237 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.
Description
Prime 3.28 acre potential townhouse development site in Maple Ridge´s Cottonwood area. Designated Urban Residential in the OCP with potential for townhouse/rowhome development. Well positioned in a rapidly growing neighbourhood with active development nearby and possible assembly opportunity (adjacent 2 acres may be available). Services nearby and close to shopping, amenities, and major transportation routes. An excellent opportunity for developers seeking scale in a strong growth corridor. Contact for more information. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Maple Ridge average
$1,410/sqft
10 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.
Location Insights
Weather
Nearest station: Pitt Meadows
18°C
—
Humidity 70%
Wind WSW calm 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
33
6/9 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 | 441 m |
| Meadowridge School(Independent) | K-12 | 1.1 km |
| Kanaka Creek Elementary | Elementary | 1.5 km |
| Golden Ears Elementary | Elementary | 1.7 km |
| ci:tməxw Environmental Community | Elementary/Middle | 1.7 km |
| District 42 Alternative Secondary | Secondary | 1.7 km |
| Garibaldi Secondary | Secondary | 1.9 km |
| Thomas Haney Secondary | Secondary | 1.9 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 |
|---|---|---|
| Northbound 240 St @ 11500 Block | — | 290 m |
| Northbound 240 St @ 118 Ave | — | 296 m |
| Northbound Creekside St @ 116 Ave | — | 313 m |
| Southbound 240 St @ 11500 Block | — | 335 m |
| Southbound Creekside St @ 11600 Block | — | 345 m |
Nearby Places
Restaurants (2)
- Shinobi Sushi Express494 m
- Pizza Hut495 m
Cafes (2)
- Tim Hortons612 m
- Starbucks713 m
Parks (2)
- Alexander Robinson Park467 m
- Unnamed658 m
Shopping (1)
- Shoppers Drug Mart538 m
Gyms (1)
- Anytime Fitness500 m
Pharmacies (2)
- Shoppers Drug Mart536 m
- Pharmasave727 m
Nearby places data: © OpenStreetMap contributors.
School district: Maple-Ridge Pitt-Meadows (SD42)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,100,000) — 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.