Property Type: Land / Lot

24340 RIVER ROAD

Maple Ridge, BC V2W1M2

$999,900

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Property Details

Property & Lot

Lot size
1.44 acres

RS-3

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,178.58 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8076915
Listed
March 11, 2026
Time on market
On the market for 173 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.

Description

This 1.444-acre property in Maple Ridge offers a unique investment opportunity with RS-3 zoning and an Official Community Plan designation for Industrial use. The current RS-3 zoning allows for single-family residential development, ideal for those looking to build a custom home in a serene, natural setting, with city water conveniently nearby. Additionally, the Industrial designation provides future potential for transitional land use, bridging residential and commercial developments, which could enhance the property's long-term value. Whether you're interested in immediate development or holding for future growth, this versatile property offers the best of both worlds. (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)

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.

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.

Nearby Schools

SchoolTypeDistance
Albion ElementaryElementary1.0 km
c'usqunela ElementaryElementary1.5 km
Samuel Robertson Technical SecondarySecondary1.6 km
Fort Langley ElementaryElementary3.1 km
Langley Fine Arts SchoolK-123.1 km
Kanaka Creek ElementaryElementary3.3 km
Alexander Robinson ElementaryElementary4.4 km
District 42 Alternative SecondarySecondary4.5 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

No TransLink stops within an ~10-minute walk.

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

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (strata, tax, utilities, etc.)$514.88
Total monthly cost$5,675.69
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.23

Cash Needed at Closing

Minimum down payment$74,990
Estimated BC PTT$17,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,488

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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