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11641 227 Street represents an opportunity to purchase a 100% interest in the multi-family development property located in Maple Ridge’s sought-after Town Centre - South View neighborhood. The property is situated on the west side of 227 Street between Lougheed Highway and the Haney Bypass, a location that is walking distance to the shops, services and amenities offered by Maple Ridge's Town Centre. The site is 153,770 SF (3.53 Acres) in size and has attractive frontage on 227th Street. Although its current zoning is RS-1 (Single Family Urban Residential), the property is designated for low-rise apartment development in the Maple Ridge OCP. This designation supports multi-family development of 3-5 storeys. Maple Ridge is one of Metro Vancouver’s fastest-growing communities; with population within a 2-kilometre radius of the property slated to increase from 76,054 in 2014 to 84,545 in 2018.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.