Commercial Real Estate in BC

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11867 222 Street
West Central Maple Ridge V2X 5V4

$4,890,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8078916
Build. Type:
Low Rise (2-4 storeys)
Rare multifamily redevelopment opportunity in the heart of Maple Ridge Town Centre. Situated on a large 18,203 sqft corner lot with approximately 167 ft of frontage and rear lane access, 11867 222 Street offers exceptional long-term redevelopment potential within the Town Centre Flexible Mixed-Use OCP designation. The existing 21-unit apartment building provides stable holding income. The site's corner configuration, strong frontage, existing multifamily use, and rear lane access create an increasingly rare and highly functional redevelopment opportunity for multifamily or mixed-use developers. Centrally located close to transit, shopping, schools, parks, and Downtown Maple Ridge amenities. A unique opportunity to acquire a strategic income-producing redevelopment asset within one of Metro Vancouver's evolving urban growth corridors.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Name of Complex/Subdivision:
Selkirk Manor
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys)
# of Apartments:
21
# of 1 Bedroom Apartments:
15
# of 2 Bedroom Apartments:
6
Year built:
1964 (Age: 62)
Living Area:
0 sq. ft.
Subject Property Depth:
109'
Subject Property Width:
167'
Lot Area:
18,295.2 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Garbage Collection, Natural Gas Connected, Phone Connected, Sidewalk
Sewer:
Public Sewer
Env Assmt Comment:
Please check the Maple Ridge Town Centre Area Plan updated on November 25, 2025.
Parcel Number:
008718415
Taxes:
$31,515.25 / 2025
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Investave Properties Ltd.
Data was last updated May 21, 2026 at 08:35 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.