- Active
11861 240 Street
Cottonwood MR, Maple Ridge · Single Family Residence
- Beds
- 5
- Baths
- 4
- Sqft
- 2,917
- Built
- 1996
Listed by Macdonald Realty · MLS® R3116744
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About this home
Spacious 2,900 sq ft income-producing home offering excellent value for its size in this price range. This 5-bedroom property includes a 2-bedroom suite with separate entrance and its own laundry, making it an ideal mortgage helper or rental opportunity. The main level features 9-foot ceilings, oversized rooms, and a functional layout, providing strong potential for value-add improvements. Lane access and a detached double garage add flexibility for parking, storage, or future development ideas. Located in a highly convenient Maple Ridge location, close to schools, shopping, parks, and transit, including Save-On-Foods and Shoppers Drug Mart. Alexander Robinson Elementary and Garibaldi Secondary catchments. A solid opportunity for a family and investors seeking size, location, and upside.
Home facts
- Bedrooms
- 5
- Bathrooms
- 3 full + 1 half
- Interior
- 2,917 sq ft
- Lot size
- 4,037 sq ft
- Year built
- 1996
- Storeys
- 2
- Parking
- 4
- Property type
- Single Family Residence
- Basement
- Full
- Fireplace
- 1
- Area
- Maple Ridge
- Sub-area
- Cottonwood MR
- Structure
- Residential Detached
Highlights
- Balcony
- In-suite laundry
- Double garage
Features and inclusions
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Heating
- Forced Air, Natural Gas
- Parking
- Detached, Rear Access
- Lot
- Central Location, Lane Access
- Interior features
- Guest Suite
- Laundry
- In Unit
- Community
- Shopping Nearby
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $5,493
- Property tax
- $342/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,985
Purchase snapshot
- List price
- $1,159,000
- Down payment
- $231,800 (20%)
- Estimated mortgage
- $927,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $5,257
- At 4.5358 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Space and layout
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 52%
Who lives here
Documents
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