Property

Maple Ridge, BC V2X2R2 20963 Lougheed Highway

  • MLS# C8061730
  • 07/23/2024
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Presented By: CBRE Limited

Home Details

This project is suitable in today's market for market condominium or market rental residential development. British Columbia has a shortage of housing and by 2030, there will be 610,000 units above the usual rate of housing construction, in order to bring housing affordability back. The project is ideally situated on Lougheed Hwy, with 2 acres in size, and in close proximity to Ridge Meadows Hospital. Upon a successful rezoning, this project may add approx. 250 units to Maple Ridge, where attached midrise is much needed. Under 5 storey residential homes account for only 8.6% of homes in Maple Ridge. The project is only 1 km from the Ridge Meadows Hospital, and 1.8 km from the Golden Ears Bridge connecting to Hwy 1. It offers a convenient and likely, a relatively affordable housing location for people working in the area or along Hwy 1.
Presented By: CBRE Limited

General for 20963 Lougheed Highway

CityMaple Ridge
RegionGreater Vancouver
StatusACTIVE
SubdivisionSouthwest Maple Ridge
Transaction TypeFor Sale

Additional Details

NAV SEKHON

Realtor
Price $16,800,000
MLS#C8061730
List Date 07/23/2024
Property Type Commercial
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