Property Type: Detached HouseOwnership: Freehold

23311 118 AVENUE

Maple Ridge, BC V2X2N3

$1,699,900

4 bed2 bath2,037 sqftBuilt 1967
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
32,234.4 square feet
Frontage
115 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,184.76 (2024)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas, Wood
Fireplace
Yes (1)

Parking

Features
Garage, RV

Listing Information

MLS®
R3089816
Listed
February 13, 2026
Time on market
On the market for 199 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Development Opportunity - Investor Alert! Prime development potential! This 32,234.4 sq. ft. lot (as per BC Assessment) is perfect for builders and investors. Located in an excellent area for future projects, this property offers ample space for development. Showings by scheduled appointments only-do not access the property without prior approval. Contact us today for more details! (id:63159)

Values & Trends

This listing

$835/sqft

Building average

No other active listings in this building

Maple Ridge average

$646/sqft

449 active listing(s)

Parking: Not indicatedStorage 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

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

3/9 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
Golden Ears ElementaryElementary429 m
District 42 Alternative SecondarySecondary562 m
ci:tməxw Environmental CommunityElementary/Middle562 m
Thomas Haney SecondarySecondary754 m
Alexander Robinson ElementaryElementary1.0 km
Harry Hooge ElementaryElementary1.1 km
Kanaka Creek ElementaryElementary1.5 km
St Patrick's(Independent)Elementary1.5 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
Northbound 232 St @ 118 Ave193 m
Southbound 232 St @ 118 Ave216 m
Eastbound Dewdney Trunk Rd @ 232 St393 m
Southbound 232 St @ Dewdney Trunk Rd399 m
Eastbound Dewdney Trunk Rd @ 234 St422 m

Nearby Places

Cafes (1)

  • Tim Hortons · 22987 Dewdney Trunk Road776 m

Parks (2)

  • Pioneer Park543 m
  • Unnamed760 m

Gyms (1)

  • Snap Fitness · 23315 Dewdney Trunk Road410 m

Nearby places data: © OpenStreetMap contributors.

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,920.00
Periodic payment — Principal & Interest (monthly)$8,773.74
Additional monthly expenses (strata, tax, utilities, etc.)$700.73
Total monthly cost$9,474.47
Interest paid over 5-yr term$389,756.98
Balance at end of term$1,223,252.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,457.31

Cash Needed at Closing

Minimum down payment$339,980
Estimated BC PTT$31,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,478

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.

Request more information