This offering presents a 2-acre townhouse development site strategically located at 10921 249 Street, Maple Ridge, BC (the “Property”), within the rapidly growing Northeast Albion neighbourhood. Ideally positioned in one of Maple Ridge’s most active growth corridors, the Property benefits from its proximity to new schools, parks, planned community amenities, and emerging residential neighbourhoods. Its location offers convenient access to major transportation routes, commercial services, and everyday conveniences, making it a desirable setting for future residents.

The Property is designated Townhouse Residential under the OCP and is proposed for rezoning to Low Density Townhouse Residential. The site is free of creeks, enhancing development efficiency by eliminating environmental setbacks and maximizing design flexibility and potential yield. This is a rare opportunity to acquire a comprehensively positioned development site in one of Maple Ridge’s fastest-growing neighbourhoods. With a manageable scale, clear planning direction, and significant long-term growth potential in the Northeast Albion area, the Property is well suited for developers seeking a streamlined and scalable townhouse project, as well as investors looking to place capital in land with strong future development value.

Investment Highlights

• Prime Redevelopment Location: Situated within the North East Albion Area Plan – one of Maple Ridge’s most active and rapidly evolving residential neighbourhoods
• Strong End-User Demographics: The surrounding demographics strongly support townhouse development demand, driven by a young and growing population base. With an average household income of approximately $155,109, the area demonstrates strong purchasing power and aligns well with the target buyer profile for modern townhome product.
• OCP-Supported Townhouse Use: Designated Townhouse Residential under the Official Community Plan, providing policy alignment and reducing rezoning risk for future development.
• Development-Ready Scale: A rare 2-acre parcel with a proposed RM1 Low-Density Townhouse framework, allowing a manageable, market friendly project size ideal for phased construction or capital-efficient rollout.
• No Creek Constraint: No creek on this site eliminates environmental setbacks, allowing for efficient site planning and optimized development yield.
• Future-Focused Growth Corridor: Located in a neighbourhood undergoing significant infrastructure expansion, with future schools, parks, and community amenities planned within close proximity.
• Flexible Development Potential: Large square configuration, straightforward site characteristics, and minimal dedications support efficient design and construction workflows.
• Strong Market Appeal: Albion area continues to attract young families and move-up buyers seeking attainable homeownership options, driving stable presale absorption for townhouse product.

LOT 19 SECTION 11 TOWNSHIP 12 NEW WESTMINSTER DISTRICT PLAN NWP29987