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$1,799,900

^$50,000

23368 124 Avenue

East Central, Maple Ridge, BC, V2X 4K4

6 | 3 | 8 | 3,645 sq.ft. | Year Built: 1994 |

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This stunning multi-generational 3645 sq. ft. basement entry home with above ground two-bedroom and den suite, could easily be 7 bedrooms total (but no dens). Sitting on a flat ½ acre lot backing onto Coho Creek, this property is a nature lover’s dream. The updated kitchen boasts quartz countertops and stainless-steel appliances, while the beautifully renovated ensuite adds a touch of luxury. Stay comfortable year-round with a heat pump, cool air conditioning, and enjoy long showers with an endless hot water tank. You will love the huge entertainment-sized decks with awnings for year-round use, open parking for 6 cars and RV, a work shed with electricity, a storage shed, and a greenhouse. Investors!! Could rent for up to $7000 per month for the whole house!

Property Info

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MLS®: R3016513

Listing Courtesy of eXp Realty

Total Bedrooms 6

Total Bathrooms 3

Floor Space 3645 sq.ft.

Lot Size 21780 sq.ft.

Title Type Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,799,900

Unit Pricing $494/sq.ft.

Strata Fee $0.00

Tax Estimate $9,928/Year

Year Built 1994

Interior Features

Rooms

Main Kitchen 10'1 * 13'2

Main Family Room 11'0 * 16'6

Main Eating Area 6'4 * 9'9

Main Dining Room 12'9 * 12'5

Main Living Room 13'7 * 17'1

Main Primary Bedroom 17'10 * 14'11

Main Walk-In Closet 4'11 * 5'10

Main Bedrooms 8'11 * 11'5

Main Bedrooms 9'11 * 14'1

Below Kitchen 17'3 * 10'3

Below Eating Area 8'3 * 8'0

Below Living Room 21'0 * 17'1

Below Bedrooms 12'3 * 10'4

Below Bedrooms 12'6 * 13'0

Below Bedrooms 13'7 * 16'8

Below Foyer 11'0 * 12'3

Below Laundry 7'0 * 8'11

Below Den 10'0 * 10'1

More Details

Storey 2

Floor Space Finished 3645.00 sq.ft.

Roof XXXXXXX

Zoning RS-3

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Double, Front Access, Garage Door Opener

Parking Cover 2

Parking Total 8

Fuel Heating Baseboard, Hot Water

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Basement Entry
MLS Area Major: Maple Ridge
Street Name: 124
City: Maple Ridge
State Or Province: BC
Postal Code: V2X 4K4
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 3

Interior Features

Fireplaces Total: 1
Flooring: Laminate, Tile, Wall/Wall/Mixed
Basement: Full, Finished

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1994
Lot Size Square Feet: 21780
Building Area Total: 3645
Living Area: 3645

Lot Information

Lot Features: Cleared, Cul-De-Sac
Parcel Number: 001966901

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City Introduction

Overview of Maple Ridge, BC, Canada

Population

Maple Ridge is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 91,000 (2021 data), and is expected to reach nearly 100,000 by 2023. Maple Ridge is a multicultural city, with about 18,355 residents belonging to visible minorities, including significant South Asian and Chinese communities. Additionally, Maple Ridge has a high population growth rate of 1.31% annually, reflecting its attractiveness and development potential.

Economy

Key Industries: Agriculture, manufacturing, retail, and tourism. Maple Ridge is known for its fertile farmland and manufacturing base, making it a key agricultural and industrial hub in BC.
Commercial Centers: Maple Ridge's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Maple Ridge is home to several high-quality schools and training institutions, contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Maple Ridge boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Maple Ridge is well-connected to downtown Vancouver via Highway 99 (Sea to Sky Highway), with a commute time of about 1 hour.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Maple Ridge's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.2 million CAD and condos around $600,000 CAD (2024).

Opportunities:

Stable rental market: Maple Ridge's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Maple Ridge is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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