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11225 240 Street
Cottonwood MR Maple Ridge V2W 0J5

$13,500,000
Multi-Family Commercial, Retail

Main Photo: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 2: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 3: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 4: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 5: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Photo 6: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8071229
Build. Type:
Mixed Use
Maple Heights Village is a fully leased, 26,812 SF mixed-use property located in the rapidly growing Kanaka neighbourhood of Maple Ridge. Built by the reputable Double V Construction, the two-storey building includes three concrete retail units at grade and 16 wood-frame residential rental units with covered balconies above, all serviced by a central elevator. Surrounded by new development from established Lower Mainland builders, the property offers strong in-place income with upside through rent growth and tenant turnover—an excellent opportunity to invest in one of B.C.’s fastest-growing communities.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Name of Complex/Subdivision:
Maple Heights Village
Num Storeys:
2
Building Type:
Mixed Use
# Bldgs:
1
# of Apartments:
16
# of 1 Bedroom Apartments:
14
# of 2 Bedroom Apartments:
2
Living Area:
26,812 sq. ft.
Lot Area:
1.18 acre(s)
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
032430493
Taxes:
$95,936.07 / 2025
No
# Elevators:
1
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 1 of 6
  • Photo 2: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 2 of 6
  • Photo 3: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 3 of 6
  • Photo 4: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 4 of 6
  • Photo 5: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 5 of 6
  • Photo 6: 11225 240 Street in Maple Ridge: Cottonwood MR Multi-Family Commercial for sale in "Maple Heights Village" : MLS®# C8071229
    Photo 6 of 6
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Listed by Colliers
Data was last updated August 9, 2025 at 04:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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