David Kearney CCIM
RE/MAX Commercial

22108-22154 Lougheed Highway
Maple Ridge Maple Ridge V2X 2S8

$5,280,000
Commercial

Aerial view
Status:
Sold
Prop. Type:
Commercial
MLS® Num:
EXCLUSIVE
Prime downtown Maple Ridge location - at the entrance to the downtown core. OCP designated, and City confirms highest and best use is as a redevelopment site for 4 or 5 level multi-family apartments under RM-2 or CD-1(assisted living) zoning. FSR of 1.8 means 94,090 buildable square feet. ($56.12 / buildable sf.) Six property Land Assembly - Owners Agreement in place. The property is within the Fraser River Escarpment Policy, which requires controlled drainage of surface water.
Price:
$5,280,000
Property Type:
Commercial
MLS® Num:
Exclusive
Status:
Sold
Legal Description:
Plan NWP8614 Lots 5,6,7,8,9,10 DL 397 LD 36
Access:
This property fronts directly to Lougheed Highway. Access to new development would be from 221 St. or lane behind.
Site Description:
The site is level and presently supports 6 single family homes. Access would be from the lane to the south of the properties.
Area Description:
Maple Ridge is a suburban community east of Vancouver BC approximately 45 minutes travel by highway. A last remaining bastion of affordability, recent news of major development in the downtown core over the coming years will certainly establish a new level of acceptability to this community. Well served by schools, churches and shopping it is a major growth area of Greater Vancouver.
Zoning:
Presently RS-1 - Single Family home. Requires a change to RM-2 - this is supported by the OCP and a recent Land Use Enquiry to the Municipality of Maple Ridge. City would also consider CD-1-00 - Assisted Living zoning.
Infrastructure:
The property is within the Fraser River Escarpment area - requires surface water to be drained in sewers. Infrastructure will need to be improved to carry the increase in density.
Town Centre OCP
Development Pro Forma
22100 Block Lougheed Highway.pdf
" target="_blank" rel="nofollow">Commercial First Listing
  • Photo 1: 22108-22154 Lougheed Highway in Maple Ridge: Commercial Land for sale
    Aerial view
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Listed by RE/MAX SABRE REALTY GROUP
Data was last updated May 18, 2025 at 12:40 PM (UTC)
DAVID KEARNEY
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