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Investment signal

$1,590,000

20234 LORNE AVENUE

Save this home

Beds

3

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Maple Ridge. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Ready to build 3 houses! Get the building permit with accepted offer! Build duplex (2632 sf each side) plus single family house (2414 sf). Total of 7678 sf. Letter from the city of Maple Ridge and building plans are attached under documents. In 3rd reading. For more info please call listing agent. Thanks. Offers as they come. (id:65958)

Subtype
Single Family
Architectural style
Basement entry
Structure
House
Common interest
Freehold
Living area
1,040 square feet
Lot size
12,000 square feet
Lot dimensions
12000
Parking
5 total
On market
Feb 19, 2026
Status changed
Apr 27, 2026
Annual tax
$5,724.21 (2025)
Photos
2
MLS#
R3091559
Area
MAPLE_RIDGE

Features and systems

Basement

Crawl spaceUnknownUnknown

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Baseboard heatersForced air
Negative cash flow ~$1,689/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,728

Financing

Down payment$318,000
Loan amount$1,272,000
Mortgage$6,445/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$729
Insurance$80
Maintenance$1,325
CapEx reserve$663
Vacancy loss$398

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,445/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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