$1,498,000

24177 112 AVENUE

Maple Ridge BC V2W 1H5 - Cottonwood MR

About This Property

A rare opportunity to acquire a near shovel-ready 4-lot subdivision in Maple Ridge's growing Cottonwood neighbourhood. Third Reading approval is in place, and extensive civil, geotechnical, environmental, arborist, and subdivision work has already been completed, significantly reducing approval timelines and entitlement risk. The proposed subdivision…

Property Details

MLS NumberR3164109
Lot Size87,556 sqft
Days on Market15
StatusActive
Listed ByRE/MAX Performance Realty

School Catchment

Elementary Kanaka Creek Elementary
Secondary Samuel Robertson Technical Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$132,000Median household income
85.6%Owner-occupied
74.7%Single-detached homes
3.2Avg household size
36.4Median age
28.3%Bachelor's degree or higher (25-64)
42.9%Commute under 30 min
92.6%Drive to work
22.5%Foreign-born residents
8,999Neighbourhood population

Age

Under 15: 22.1%15 to 64: 68.6%65 and over: 9.4%
  • Under 1522.1%
  • 15 to 6468.6%
  • 65 and over9.4%

Household size

  • 1 person9.9%
  • 226.3%
  • 320.9%
  • 427%
  • 5 or more16%

Language spoken at home

77.4% English mother tongue

  • English + other2.3%
  • Mandarin1.8%
  • Spanish1.8%
  • Tagalog1.3%
  • Korean1.3%
  • Punjabi1.2%
  • All others12.9%

Mother tongue, share of 9,000 residents.

How this pocket differs

  • notably fewer seniors 65+ than Maple Ridge 9.4% vs 16%
  • more children under 15 than Maple Ridge 22.1% vs 17.7%
  • notably fewer people living alone than Maple Ridge 9.9% vs 22.1%
  • notably more 4-person households than Maple Ridge 26.9% vs 17.7%
  • more 5+ person households than Maple Ridge 16% vs 11.3%
  • Median household income is higher than Metro Vancouver $132,000 vs $90,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Sales History

DateSale Price
May 23, 2024$1,450,000

Source: BC Assessment (public records).

Land & Development

Lot size88,282 sqft
Lot dimensions251 × 353 ft
Lot shapeRectangular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $7,959
Mortgage payment$6,997
Property tax$812
Home insurance$150
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 22

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