33 UnitsBuilt 20152 Active
The Terraces — 10550 248 Street, Thornhill MR, Maple Ridge, BC
Avg Sold Price
$874K
Avg $/sq ft
$873,750
Avg Days on Market
61d
Homes For Sale (2)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 9, 26 | 3 10550 248 STREET | 4 | 4 | $799,988 | Lowest | $434 | 1,845 | 24d | $425/mo | $4,470/yr | One Percent Realty L… |
| Mar 9, 26 | 13 10550 248 STREET | 4 | 4 | $829,000 | Top-Tier | $447 | 1,854 | 208d | $427/mo | $4,549/yr | Royal LePage Elite W… |
| Median (2 units) | $814,494 | $441 | 1,850 | 116d | $426/mo | $4,510/yr | |||||
Sold History at The Terraces
Units at The Terraces have recently sold for an average of $873,750 ($873,750/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 1, 26 | 27 10550 248 STREET | 4 | 4 | View → | View Sold Price → | — | 1,932 | 19d | $425/mo | $4,478/yr | eXp Realty |
| Nov 30, 25 | 1 10550 248 STREET | 3 | 4 | View → | View Sold Price → | — | 1,894 | 103d | $437/mo | $4,220/yr | Royal LePage Elite W… |
| Median (2 units) | — | — | — | 1,913 | 61d | $431/mo | $4,349/yr | ||||
Market Summary
There are currently 2 active homes for sale at The Terraces at 10550 248 Street, ranging from $800K to $829K. Recent sold units have averaged $874K, selling in about 61 days on average (≈$873,750/sq ft). The Terraces is a building of 33 units built in 2015 located in Thornhill MR.
Building Details
Building Market Stats
Avg Asking Price
$814K
Sold in 6 Months
0 units
Avg Sold Price
$874K
Avg $/SqFt
$873,750
Avg DOM
61 days
Sale-to-List
98.2%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.EPS1975
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 248 Street?
The Terraces is the strata complex located at 10550 248 Street, Thornhill MR, Maple Ridge, BC. Built in 2015. It has 33 residential units.
How many units are in The Terraces?
The Terraces (10550 248 Street) has 33 residential units built in 2015. Strata Plan EPS1975.
When was The Terraces built?
The Terraces at 10550 248 Street was built in 2015.
What amenities does The Terraces have?
The Terraces amenities include: Air Conditioning, Balcony, Central Vacuum Roughed In, Garden, In-Suite Laundry, In Unit, Maintenance Grounds, None, Playground, Private Yard, Shopping Nearby, Storage, Hot Tub, Vaulted Ceiling(s).
What is the average sold price at The Terraces?
Recent units at The Terraces have sold for an average of $873,750, typically in 61 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 $873,750 in about 61 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 61 days on market, with units typically selling at 98.2% of asking price.
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