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11682 224 Street
East Central Maple Ridge V2X 6A2

$5,000,000
Land Commercial, Multi-Family Commercial

Main Photo: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 1: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 2: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 3: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 4: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 5: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 6: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 7: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 8: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 9: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 10: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 11: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 12: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 13: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 14: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 15: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 16: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Photo 17: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8080765
Build. Type:
Low Rise (2-4 storeys)
London Pacific is pleased to present Mariner's Watch, a rare opportunity to acquire a 21-unit purpose-built apartment building in the heart of Maple Ridge's rapidly growing Town Centre. Situated on a 8,799 sqft TCAPT designated site, the Property offers investors stable in-place cash flow with significant long-term upside through rental optimization and future redevelopment potential. The suite mix consists of sixteen 1-bedroom and five 2-bedroom units, providing diversified and dependable income. Ideally located within walking distance of shopping, restaurants, parks, Haney Place Mall, Port Haney West Coast Express Station, and Haney Place Transit Exchange, the Property benefits from exceptional connectivity and everyday conveniences. Mariner's Watch represents an opportunity to acquire a pride-of-ownership asset in one of Metro Vancouver's emerging multifamily investment markets.
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Name of Complex/Subdivision:
Mariner's Watch
Building Type:
Low Rise (2-4 storeys), Mixed Use
# Units Total:
21
# of Apartments:
21
# of 1 Bedroom Apartments:
16
# of 2 Bedroom Apartments:
5
Living Area:
9,500 sq. ft.
Lot Area:
9,147.6 sq. ft.
Zoning:
Potential to Redevelop:
Designated - Town Centre Apartment (TCAPT), No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting
Sewer:
Septic Tank, Storm Sewer
Parcel Number:
000991210
Taxes:
$32,918.74 / 2025
Laundry Facility
No
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Designated - Town Centre Apartment (TCAPT), No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
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  • Photo 16: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
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  • Photo 17: 11682 224 Street in Maple Ridge: East Central Land Commercial for sale in "Mariner's Watch" : MLS®# C8080765
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Listed by London Pacific
Data was last updated July 28, 2026 at 09:40 PM (UTC)
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