Property Type: Detached HouseOwnership: Freehold

22702 123 AVENUE

Maple Ridge, BC V2X4E4

$899,900

4 bed2 bath6 parking1,796 sqftBuilt 1972
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
8,584 square feet
Frontage
116 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,752.79 (2025)

Interior

Heating
Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
6 — uncovered indicated
Features
RV

Listing Information

MLS®
R3148235
Listed
July 21, 2026
Time on market
On the market for 42 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Select Realty · Data source: CREA DDF.

Description

ATTN: Builders & Investors! Prime 8584 SqFt, FLAT, CORNER LOT just a few blocks from downtown Maple Ridge. The current home is well maintained with great tenants, ideal for a long-term holding property. It features laminate flooring throughout, a gas fireplace, 3 bedrooms, as well as a large rec room that can be used as a 4th bedroom. The lot provides plenty of space family enjoyment, as well as ample room for RV parking. Property falls in the Town-Centre Official Community Plan, allowing for "Ground-Oriented Residential" multiplex redevelopment on a single lot, or a townhouse site with land assembly. Just blocks from Abernethy Way and quick access to the Golden Ears Bridge, a block from Fletcher Park, and walking distance to all levels of schools. // OPEN HOUSE: Sat, Aug 15, 1-3pm (id:63159)

Values & Trends

This listing

$501/sqft

Building average

No other active listings in this building

Maple Ridge average

$646/sqft

449 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

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

$1,481,400
$1,152,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

7/9 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

SchoolTypeDistance
Eric Langton ElementaryElementary338 m
St Patrick's(Independent)Elementary469 m
Harry Hooge ElementaryElementary763 m
Alouette ElementaryElementary1.2 km
Maple Ridge SecondaryK-121.5 km
Outreach Alternate SecondarySecondary1.5 km
Golden Ears ElementaryElementary1.6 km
Thomas Haney SecondarySecondary1.6 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

StopTypeDistance
Southbound 227 St @ Lee Ave36 m
Northbound 227 St @ 122 Ave129 m
Northbound 227 St @ 124 Ave213 m
Southbound 227 St @ Kendrick Loop237 m
Southbound 227 St @ 121 Ave346 m

Nearby Places

Restaurants (4)

  • Sushi Sama · 22783 Dewdney Trunk Road647 m
  • Paliotti's · 12018 Edge Street680 m
  • Aburiya Sushi · 22590 Dewdney Trunk Road702 m
  • Hot Pho Restaurant · 22550 Dewdney Trunk Road716 m

Cafes (2)

  • Starbucks623 m
  • Blenz Coffee · 122-22441 Dewdney Trunk Road758 m

Grocery (2)

  • Meridian Farm Market · 11980 227 Street674 m
  • Shipley's No Frills · 22427 Dewdney Trunk Road728 m

Parks (3)

  • Fletcher Park185 m
  • Reg Franklin Park370 m
  • Harry Hooge Park765 m

Shopping (1)

  • Unnamed738 m

Pharmacies (1)

  • Shoppers Drug Mart · 202-22441 Dewdney Trunk Road781 m

Banks & ATMs (1)

  • Instacoin ATM650 m

Nearby places data: © OpenStreetMap contributors.

School district: Maple-Ridge Pitt-Meadows (SD42)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$569.40
Total monthly cost$5,214.08
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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.

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