Investment signal

$2,332,000

13516 232 STREET

Beds

6

Baths

4

Sqft

Year

1988

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Extraordinary Setting for an Exceptional Investment Opportunity. Set among majestic cedars on a serene 3.83-acre plateau overlooking your private beach on the Alouette River, this remarkable custom-built home offers both natural beauty and immense potential. Designed with spacious circular rooms to capture breathtaking 360° views, the residence features a gourmet kitchen with built-in oven and cooktop, and a luxurious master suite with a private balcony, dressing room, and five-piece ensuite. With its prime riverfront location, expansive land, and redevelopment possibilities, this property presents a rare and valuable investment opportunity for builders, developers, or visionary investors. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
3,279 square feet
Lot size
3.83 acres
Lot dimensions
3.83
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$11,833.74 (2025)
Photos
1
MLS#
R3110731
Area
MAPLE_RIDGE

Features and systems

Parking

RV

Heating

Natural gas
Negative cash flow ~$4,442/mo at these assumptions

Cash on cash

-11.43%

Cap rate

3.60%

GRM

16.7

Break-even rent

$16,325

Financing

Down payment$466,400
Loan amount$1,865,600
Mortgage$11,445/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,069
Insurance$80
Maintenance$1,943
CapEx reserve$972
Vacancy loss$583

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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

Estimated $11,445/mo at 5.49% with 20% down, 25-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 13, 2026.

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