- Active
24628 River Road
Albion, Maple Ridge · Single Family Residence
- Beds
- 3
- Baths
- 1
- Sqft
- 2,300
- Built
- 1958
Listed by Team 3000 Realty Ltd. · MLS® R3084291
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Sign inListing history
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About this home
An exceptional opportunity to acquire approximately 4.8 acres of private land with significant future development potential in a highly strategic location. Situated directly along Lougheed Highway, this expansive property is designated Industrial in the Official Community Plan (OCP), offering compelling long-term upside for investors or owner-users.The property features an approximately 2,300 sq. ft. original residence and is adjacent to Kwantlen First Nation lands, the setting offers both seclusion and accessibility. Currently zoned RS-3, the site presents excellent holding value with strong potential aligned with the industrial OCP designation. Ideal for those seeking a secure and private property suitable for storing commercial vehicles, trucks, RVs, tools, or business equipment.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full
- Interior
- 2,300 sq ft
- Lot size
- 4.80 acres
- Year built
- 1958
- Storeys
- 2
- Parking
- 10
- Property type
- Single Family Residence
- Basement
- Full
- Carport
- Yes
- Area
- Maple Ridge
- Sub-area
- Albion
- Style
- Rancher/Bungalow w/Bsmt.
- Structure
- Residential Detached
Highlights
- Balcony
- Private yard
Features and inclusions
- Heating
- Propane
- Parking
- Carport Single, Open
- Lot
- Private, Recreation Nearby
- Interior features
- Storage
- 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
- $14,219
- Property tax
- $875/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $15,244
Purchase snapshot
- List price
- $2,999,999
- Down payment
- $600,000 (20%)
- Estimated mortgage
- $2,399,999
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
- $13,607
- 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 · 67%
Who lives here
Documents
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