Property Type: Detached HouseOwnership: Freehold

24628 RIVER ROAD

Maple Ridge, BC V2W1M2

$2,999,999

3 bed1 bath10 parking2,300 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Lot size
4.8 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,297.59 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Propane
Fireplace
None

Parking

Total spaces
10 — covered indicated
Features
Carport

Listing Information

MLS®
R3084291
Listed
January 28, 2026
Time on market
On the market for 215 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

An exceptional opportunity to acquire approximately 4.8 acres of private land with significant future development potential in a highly strategic location. Situated directly along Lougheed Highway, this expansive property is designated Industrial in the Official Community Plan (OCP), offering compelling long-term upside for investors or owner-users.The property features an approximately 2,300 sq. ft. original residence and is adjacent to Kwantlen First Nation lands, the setting offers both seclusion and accessibility. Currently zoned RS-3, the site presents excellent holding value with strong potential aligned with the industrial OCP designation. Ideal for those seeking a secure and private property suitable for storing commercial vehicles, trucks, RVs, tools, or business equipment. (id:63159)

Values & Trends

This listing

$1,304/sqft

Building average

No other active listings in this building

Maple Ridge average

$645/sqft

449 active listing(s)

Parking: 10 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

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

Not enough data yet

Transit

13

2 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
Albion ElementaryElementary1.4 km
Samuel Robertson Technical SecondarySecondary1.5 km
c'usqunela ElementaryElementary1.7 km
Fort Langley ElementaryElementary3.5 km
Kanaka Creek ElementaryElementary3.5 km
Langley Fine Arts SchoolK-123.6 km
Alexander Robinson ElementaryElementary4.5 km
Garibaldi 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

StopTypeDistance
(Southbound Jackson Rd In 101 Ave Area) @ 101 Ave (Flag)661 m
Northbound Jackson Rd @ 10100 Block673 m

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,999.00
Periodic payment — Principal & Interest (monthly)$15,483.98
Additional monthly expenses (strata, tax, utilities, etc.)$473.13
Total monthly cost$15,957.11
Interest paid over 5-yr term$687,846.61
Balance at end of term$2,158,806.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.15

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,500

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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