Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers.
Address
11820 207 Street
List Price
$1,280,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Maple Ridge
Sub-Area
Southwest Maple Ridge
Bedrooms
3
Bathrooms
1
Floor Area
1,592 Sq. Ft.
Main Floor Area
1592
Lot Size
7000 Sq. Ft.
Lot Size Dimensions
63.76 x 109.48
Lot Size (Acres)
0.16 Ac.
Lot Size Units
Square Feet
Total Building Area
1592
Frontage Length
63.76
Year Built
1957
MLS® Number
R3075985
Listing Brokerage
Royal Pacific Realty (Kingsway) Ltd.
Basement Area
None
Postal Code
V2X 1X5
Zoning
RS-1
Ownership
Freehold NonStrata
Parking
Garage Single
Parking Places (Total)
2
Tax Amount
$5,528.25
Tax Year
2025
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Garage
Yes
Garage Spaces
1
Levels
One
Number Of Floors In Property
1