The Terraces — listed unit at 10560 ROBERTSON STREET
The Terraces — listed unit at 10553 248 STREET
The Terraces — recently sold unit at 10576 JACKSON ROAD
The Terraces — recently sold unit at 10543 248 STREET

Photos from current and recent MLS® listings at The Terraces. Listings courtesy of Royal LePage - Wolstencroft, Homelife Benchmark Realty Corp., Stonehaus Realty Corp., RE/MAX LIFESTYLES REALTY.

Buildings›100 Mile House - Rural›The Terraces
17 Units2 StoreysBuilt 2015FRAME - WOOD2 Active

The Terraces — 10550 248TH STREET, 100 Mile House - Rural, Maple Ridge, BC

Avg Sold Price
$1.22M
Avg $/sq ft
$493,833
Avg Days on Market
51d

Homes For Sale (2)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Jul 17, 2610560 ROBERTSON STREET43$1,248,000Lowest$4153,00898d—$7,106/yrRoyal LePage - Wolst…
Jun 4, 2610553 248 STREET55$1,549,000Top-Tier$3893,982141d—$7,868/yrHomelife Benchmark R…
Median (2 units)$1,398,500$4023,495120d—$7,487/yr

Sold History at The Terraces

2 units have sold at The Terraces in the past 6 months, with an average sale price of $1,224,000 ($493,833/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Oct 8, 2610576 JACKSON ROAD54—2,83348d—$6,746/yrStonehaus Realty Cor…
May 11, 2610543 248 STREET55—3,77353d—$7,369/yrRE/MAX LIFESTYLES RE…
Median (2 units)———3,30351d—$7,057/yr
Market Summary

There are currently 2 active homes for sale at The Terraces at 10550 248TH STREET, ranging from $1.25M to $1.55M. Recent sold units have averaged $1.22M, selling in about 51 days on average (≈$493,833/sq ft). The Terraces is a frame - wood building of 17 units built in 2015 located in 100 Mile House - Rural.

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What is your unit at The Terraces worth today?

We'll price it against what has actually sold in The Terraces — by bedroom count, not a neighbourhood average — and send you the comparables behind the number.

Building Details

Address10550 248TH STREET, Maple Ridge
Total Units17
Units in Strata17
Storeys2
Year Built2015
ConstructionFRAME - WOOD
Strata PlanBCP36341
Pet PolicyNo pets permitted

About This Building

The Terraces - 10550 248th Street, Maple Ridge, 2 & 3 storey, 17 townhomes, extimated completion in Spring 2015. Nestled up close to the Golden Ears mountains, surrounded by beautiful lakes and waterways, The Terraces - 17 spacious and beautiful finished townhouses complex in the Albion community of Maple Ridge.

This limited collection of these 3, 4 & 5-bedroom townhomes ranging from 1,844 sq.ft. to 1,926sq.ft. showcases contemporary West Coast architecture that boldly restates the traditional townhouse form. Contemporary interiors feature Quartz counter tops, laminate floors, electric fireplaces, gas furnace, crown mouldings & baseboards, sundecks & patios,
and stainless steel appliances. Plus large decks or patios invite outdoor entertaining.

The Terraces is minutes away from countryside, mountain hikes, outdoor sports of all kinds, while at the same time, minutes away from the hustle and bustle of Vancouver and Langley, shopping and no end of things to do and see.

Building Market Stats

Avg Asking Price
$1.4M
Sold in 6 Months
2 units
Avg Sold Price
$1.22M
Avg $/SqFt
$493,833
Avg DOM
51 days
Sale-to-List
97.2%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted
No pets permitted
RentalsAllowed
RENTALS ALLOWED
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓NONE

Strata Fee Includes

✓OTHER

Strata Information

Financial Health

Strata Plan No.BCP36341
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request

Management & Meetings

AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Quick Answers

What building is at 10550 248TH STREET?
The Terraces is the strata complex located at 10550 248TH STREET, 100 Mile House - Rural, Maple Ridge, BC. Built in 2015. It has 17 residential units.
Are pets allowed at The Terraces?
No. The strata bylaws at The Terraces do not permit pets.
How many units are in The Terraces?
The Terraces (10550 248TH STREET) has 17 residential units built in 2015. Strata Plan BCP36341.
When was The Terraces built?
The Terraces at 10550 248TH STREET was built in 2015. It is a frame - wood construction building.
What amenities does The Terraces have?
The Terraces amenities include: NONE.
What has sold at 10550 248TH STREET recently?
In the past 6 months, 2 units have sold at The Terraces, with an average sale price of $1,224,000.
What is the average sold price at The Terraces?
Recent units at The Terraces have sold for an average of $1,224,000, typically in 51 days on market.
Who is the best realtor to sell my unit at The Terraces?
The Terraces units have recently sold for an average of $1,224,000 in about 51 days. Saeed Farahani is a 100 Mile House - Rural specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at The Terraces?
Recent units at The Terraces have sold in an average of 51 days on market, with units typically selling at 97.2% of asking price.

Frequently Asked Questions

When was The Terraces built?+
The Terraces was built in 2015. It is a frame - wood construction building.
What is the average sold price at The Terraces?+
Recent units at The Terraces have sold for an average of $1,224,000, typically in 51 days on market.
Are there any units for sale at The Terraces?+
Yes, there are currently 2 active listings at The Terraces.
What are the rental restrictions at The Terraces?+
RENTALS ALLOWED
What is the strata plan number for The Terraces?+
The strata plan number for The Terraces is BCP36341.

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Location

📍10550 248TH STREET, Maple Ridge, Maple Ridge, 100 Mile House - Rural, BCOpen in Google Maps →

What's Nearby

50/100
Walk Score
Somewhat Walkable
40/100
Transit Score
Some Transit
40/100
Bike Score
Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫
Local Elementary School
Catchment school · < 1.5 km
🏫
Local Middle School
< 2 km
🏫
Local Secondary School
< 3 km
🏫
Nearby Private School
Independent option · < 5 km

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Saeed Farahani
Saeed Farahani
Re/Max Crest Realty
📍 10550 248TH STREET
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