12848 240 STREET

12848 240 STREET · Maple Ridge, Silver Valley · Vacant Land · $5,299,000 · MLS R3125884

Maple Ridge, British Columbia · Neighbourhood: Silver Valley
C$5,299,000
For sale
12848 240 STREET

12848 240 STREET is located in Maple Ridge (Silver Valley). Property snapshot: Vacant Land, listed at $5,299,000, MLS R3125884. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 63. Catchment schools include Yennadon Element

List Price: $5,299,000
MLS: R3125884
Days on Site: 63
Catchment Schools: Catchment schools include Yennadon Elementary, Garibaldi Secondary
Price History: Latest recorded list price 5299000.00

Local Decision Guide

How should buyers evaluate 12848 240 STREET?

Start by reading this listing in its Maple Ridge Silver Valley context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 12848 240 STREET?

This page shows a list price of $5,299,000 with MLS R3125884.

What type of home is this Maple Ridge, Silver Valley listing?

The page shows Vacant Land at 12848 240 STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 63 days on market/site. Latest recorded list price 5299000.00.

Which catchment schools are associated with 12848 240 STREET?

Catchment schools include Yennadon Elementary, Garibaldi Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

EXCEPTIONAL 11 LOT SUBDIVISION OPPORTUNITY. Transform this 1.76-acre Silver Valley property into 11 brand new residential lots. This is a rare, shovel ready development opportunity in Maple Ridge's growth corridor, offering exceptional potential for builders and investors seeking immediate R-2 zoned land. With urban infrastructure already in place and parkland adjacency creating a desirable private setting, this property is positioned for success. The surrounding diverse uses further support residential growth and long term market strength. Whether you are an experienced developer or investor pursuing your next major project, this turnkey subdivision provides genuine entry into Maple Ridge's strong residential market. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
76,666 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29780090 (R3125884)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$5,299,000

Lot Area: 76,666 sf

PID: 009-379-991

Days on Site: 63 days

Added to BurnabyHouse: 2026-05-20

Updated on: 2026-05-20 04:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Yennadon Elementary ELEMENTARY
Public · School District 42
23347 128 Ave, Maple Ridge, BC
Straight-line distance about 1.4 km
Fraser 2019: #225/251 · score 4.1 · GIS map
Public · School District 42
24789 Dewdney Trunk Rd, Maple Ridge, BC
Straight-line distance about 2.2 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 1.6 km away
About 3.2 km away
11980 227 Street, Maple Ridge
Shopping Centres
About 3.3 km away
22709 Lougheed Highway
About 3.5 km away
Parks / Green Space
About 674.1 m away
About 696 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 20 May 2026 02:57:48 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: RE/MAX LIFESTYLES REALTY

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