$399,990 - house
Amazing opportunity to develop in the heart of Downtown Maple Ridge. Located in the Sub Area I Incentive Area and in the OCP for up to 5 storey Apartments or Townhouses or Assisted Living Building. Rough building plans for 5 storey building with 10 unit condos already made and monetary and non monetary support from the City has been offered. If eligible, city will offer up to $50,000 towards development as well as priority processing, 50% building permit fees, reduced parking standards, building height flexibility and 3 years tax exemption! You will not find a better deal out there! Maple Ridge is expected to double in population to 132,000 and is #2 as the top BC investment town! Also see CLS VF3301126.