North Star Apartments
Maple Ridge, British Columbia
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Year built 1966
- Size (Ac) 0.4
- Price $5,200,000 CAD
- Zoning RM-2 - Medium Density Apartment Residential
Overview
Avison Young is pleased to market for sale North Star Apartments at 22422 North Avenue, Maple Ridge, BC (the “Property”). This well-located and well-maintained 25-unit apartment building is on 17,336 sf of future development land in a rapidly growing and highly desirable neighbourhood just off Lougheed Highway. The Property features 18 one-bedroom and 7 two-bedroom units, on-site laundry facilities generating additional revenue, surface parking at the front and rear for residents, and superb south facing balconies with excellent sun exposure.
Highlights
On-site revenue generating laundry facilities (2 washer and 2 dryers | $3.00 per load)
All units individually metered and tenants pay their own utilities
All units have gas-powered fireplaces
21 of 25 units have balconies
Convenient resident surface parking at the front, rear and side of the building
Well-maintained with an on-site caretaker providing superb property management
Premier corner lot with future development potential
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