The Terraces — listed unit at 3 10550 248 STREET
The Terraces — listed unit at 13 10550 248 STREET
The Terraces — recently sold unit at 27 10550 248 STREET
The Terraces — recently sold unit at 1 10550 248 STREET

Photos from current and recent MLS® listings at The Terraces. Listings courtesy of One Percent Realty Ltd., Royal LePage Elite West, eXp Realty.

Buildings›Thornhill MR›The Terraces
33 Units3 Storeys64 in StrataBuilt 2015Frame - Wood2 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)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Sep 9, 263 10550 248 STREET44$799,988Lowest$4341,84544d$425/mo$4,470/yrOne Percent Realty L…
Mar 9, 2613 10550 248 STREET44$829,000Top-Tier$4471,854228d$427/mo$4,549/yrRoyal LePage Elite W…
Median (2 units)$814,494$4411,850136d$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).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Feb 1, 2627 10550 248 STREET44—1,93219d$425/mo$4,478/yreXp Realty
Nov 30, 251 10550 248 STREET34—1,894103d$437/mo$4,220/yrRoyal LePage Elite W…
Median (2 units)———1,91361d$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 frame - wood building of 33 units built in 2015 located in Thornhill MR.

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What is your unit at The Terraces worth today?

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Building Details

Address10550 248 Street, Maple Ridge
Total Units33
Units in Strata64
Storeys3
Year Built2015
ConstructionFrame - Wood
Strata PlanEPS1975

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

Amenities

✓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)

Strata Fee Includes

✓Management
✓Sewer
✓Snow Removal
✓Trash
✓Water

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. It is a frame - wood construction building.
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.

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 $873,750, typically in 61 days on market.
Are there any units for sale at The Terraces?+
Yes, there are currently 2 active listings at The Terraces.
What is the strata plan number for The Terraces?+
The strata plan number for The Terraces is EPS1975.

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Location

📍10550 248 Street, Maple Ridge, Maple Ridge, Thornhill MR, 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

Nearby Buildings

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Rydge10640 248 Street—20242 homes
The Falls24951 112 Avenue—2024—
Grant Hill Estates25518 Carmichael Street420224 homes
Terrace Views24850 106 AVENUE—20211 home
The Terraces Ii10480 248 Street320174 homes
Saeed Farahani
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Re/Max Crest Realty
📍 10550 248 Street
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10550 248 Street, Maple Ridge — The Terraces | 2 For Sale