$1,140,000
22928 117 AVENUE
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Beds
3
Baths
3
Sqft
—
Year
1972
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
Attention Developers and First-Time Home Buyers! Incredible Opportunity in East Central Maple Ridge! Step into this beautifully renovated rancher, offering 3 bedrooms and 3 baths, situated on a spacious 7,818 sq. ft. rectangular lot. Perfect for young families and savvy investors-live in now and develop later! This property meets the Bill 44 criteria for SSMUH (please verify with the City). With neighboring properties moving into Phase 2 of a proposed multi-family low-rise project, the potential here is huge! Just minutes from downtown Maple Ridge, you'll enjoy the convenience of nearby shopping, schools, and public transportation. Opportunities like this don´t last-call today! (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,319 square feet
- Lot size
- 7,818 square feet
- Lot dimensions
- 7818
- Parking
- 6 total
- Fireplace
- 1
- On market
- Apr 29, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $4,964.15 (2022)
- Photos
- 19
- MLS#
- R3116270
- Area
- MAPLE_RIDGE
Features and systems
Parking
Appliances
Heating
Cash on cash
-6.49%
Cap rate
3.57%
GRM
16.7
Break-even rent
$6,998
Financing
Operating expenses (monthly)
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.
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.