48 UnitsBuilt 20174 Active
The Terraces — 10480 248 Street, Thornhill MR, Maple Ridge, BC
Avg Sold Price
$857K
Avg $/sq ft
$572,000
Avg Days on Market
19d
Sold Price Trend
3 recorded sales, $860K (2026-05) → $862K (2026-06) +0.2%
Homes For Sale (4)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 1, 26 | 2 10480 248 STREET | 4 | 4 | $819,000 | Lowest | $442 | 1,854 | 2d | $367/mo | $4,591/yr | Zolo Realty |
| Jun 19, 26 | 13 10480 248 STREET | 3 | 4 | $824,900 | $448 | 1,842 | 106d | $387/mo | $4,780/yr | Royal LePage Elite W… | |
| Sep 23, 26 | 44 10480 248 STREET | 4 | 4 | $985,000 | $441 | 2,236 | 10d | $434/mo | $4,901/yr | Royal LePage Elite W… | |
| Jul 23, 26 | 57 10480 248 STREET | 4 | 4 | $1,092,000 | Top-Tier | $430 | 2,540 | 72d | $525/mo | $5,003/yr | Metro Edge Realty |
| Median (4 units) | $904,950 | $442 | 2,045 | 41d | $411/mo | $4,840/yr | |||||
Sold History at The Terraces
3 units have sold at The Terraces in the past 6 months, with an average sale price of $857,333 ($572,000/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 23, 26 | 22 10480 248 STREET | 3 | 4 | View → | View Sold Price → | — | 2,000 | 6d | $394/mo | $4,595/yr | Royal LePage Elite W… |
| Jun 9, 26 | 48 10480 248 STREET | 4 | 4 | View → | View Sold Price → | — | 2,314 | 7d | $467/mo | $4,960/yr | Royal LePage Elite W… |
| May 14, 26 | 18 10480 248 STREET | 3 | 4 | View → | View Sold Price → | — | 1,994 | 45d | $389/mo | $4,579/yr | Royal LePage Elite W… |
| Median (3 units) | — | — | — | 2,000 | 7d | $394/mo | $4,595/yr | ||||
Market Summary
There are currently 4 active homes for sale at The Terraces at 10480 248 Street, ranging from $819K to $1.09M. Recent sold units have averaged $857K, selling in about 19 days on average (≈$572,000/sq ft). The Terraces is a building of 48 units built in 2017 located in Thornhill MR.
Building Details
Building Market Stats
Avg Asking Price
$930K
Sold in 6 Months
3 units
Avg Sold Price
$857K
Avg $/SqFt
$572,000
Avg DOM
19 days
Sale-to-List
99.1%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.EPS4209
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 10480 248 Street?
The Terraces is the strata complex located at 10480 248 Street, Thornhill MR, Maple Ridge, BC. Built in 2017. It has 48 residential units.
How many units are in The Terraces?
The Terraces (10480 248 Street) has 48 residential units built in 2017. Strata Plan EPS4209.
When was The Terraces built?
The Terraces at 10480 248 Street was built in 2017.
What amenities does The Terraces have?
The Terraces amenities include: Air Conditioning, Assisted Living, Balcony, Central Vacuum Roughed In, Garden, In-Suite Laundry, In Unit, Maintenance Grounds, None, Other, Pantry, Playground, Private Yard, Retirement Community, Shopping Nearby, Storage, Hot Tub, Wheelchair Access.
What has sold at 10480 248 Street recently?
In the past 6 months, 3 units have sold at The Terraces, with an average sale price of $857,333.
What is the average sold price at The Terraces?
Recent units at The Terraces have sold for an average of $857,333, typically in 19 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 $857,333 in about 19 days. Saeed Farahani is a Thornhill MR 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 19 days on market, with units typically selling at 99.1% of asking price.
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