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Building & Condo Information

The Terraces

10550 248th St. Maple Ridge, BC V2W 1H4, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest RealtyRE/MAX
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
  • Levels2
  • Suites17
  • StatusCompleted
  • Built2015
  • Title to LandFreehold Strata
  • Strata PlanBCP36341
  • ConstructionFrame - Wood
  • AreaMaple Ridge
  • NeighbourhoodAlbion

For Sale in The Terraces & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-06-04 10553 248 St. Active 5 5 $1,549,000 ($389/sf) 3982 $7868 (2025) Homelife Benchmark Realty Corp.
2026-07-17 10560 Robertson St. Active 4 3 $1,299,000 ($432/sf) 3008 $7106 (2025) Royal LePage - Wolstencroft
2026-08-21 10576 Jackson Rd. Active 5 4 $1,088,000 ($379/sf) 2868 $6746 (2025) Stonehaus Realty Corp.
Avg$1,312,0003286

The Terraces Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-05-11 10543 248 St. 5 5 3773 $1,459,900 $1,418,000 ($376/sf) $7369 (2024) RE/MAX LIFESTYLES REALTY
2025-03-30 10562 Jackson Rd. 5 4 2856 $1,249,900 $1,245,000 ($436/sf) $6164 (2024) Royal LePage Elite West
2025-03-01 10563 248 St. 5 4 3225 $1,425,000 $1,410,000 ($437/sf) $6798 (2024) RE/MAX LIFESTYLES REALTY
2025-01-29 10571 Robertson St. 4 4 2748 $1,249,900 $1,235,000 ($449/sf) $7142 (2024) RE/MAX All Points Realty

Sold data from the MLS® feed for strata plan BCP36341. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

The Terraces Market Summary

The Terraces at 10550 248th St. — currently 3 active listings averaging $1,312,000. In the past year 1 unit sold at an average of $1,418,000.

Active Listings3
Avg Asking Price$1,312,000
Sold (1 Year)1
Avg Sold Price$1,418,000
Avg $/Sqft$376

Value & Financing

Price Positioning
$400 /sq ft
Active listings here average $400/sf vs $528/sf across Albion.
24% below area average
Mortgage Snapshot
$5,211 /mo
Entry price (from)$1,088,000
20% down payment$217,600
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

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.

Amenities / Features

None

Maintenance Fees Include

Other

Location / Site Influences

Balcony

Construction & Development

ConstructionFrame - Wood
Exterior FinishStone
RoofFibreglass
FoundationConcrete Perimeter
Rain ScreenFull
Management CompanyConfidential

Strata Information

Strata PlanBCP36341
Building TypeStrata Townhouses
Title to LandFreehold Strata
Units in Strata17
Units in Development17
Bylaws / RestrictionsRENTALS ALLOWED
Parking / StorageGarage; Double

Property Documents

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Maple Ridge Detached Market Reports
Market data by RealtySuite

Location, Street View & Aerial

Street View⤢ Expand

Site & Location Maps

The Terraces location map 1 Open Full View BCCondos & Homes© BC Condos & Homes

Frequently Asked Questions — The Terraces

What year was The Terraces built?
The Terraces was built in 2015.
How many units are in The Terraces?
The Terraces has 17 strata units across 2 levels.
What amenities does The Terraces offer?
NONE.
Is The Terraces pet-friendly, and what are the bylaws?
The Terraces bylaws/restrictions: RENTALS ALLOWED.
What is the strata plan number for The Terraces?
The strata plan number for The Terraces is BCP36341.
Is The Terraces freehold or leasehold?
The Terraces is FREEHOLD STRATA.
Where is The Terraces located?
The Terraces is located at 10550 248th St. in Maple Ridge, Maple Ridge.
How is the real estate market at The Terraces?
In the past year 1 unit sold at The Terraces, averaging $1,418,000; there are currently 3 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your The Terraces specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Listings for Sale Near The Terraces 🔎 MLS® Search »

Active listings nearby80
Average price$1,760,994
From$649,900
Up to$6,800,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
30 24951 112 Ave. 231024 $649,900
48 24951 112 Ave. 331401 $719,900
77 24951 112 Ave. 431671 $869,900
11626 248 St. 422547 $1,549,000
149 24951 112 Ave. 231051 $664,900
11020 250a Ave. 442436 $1,189,900
25025 110a Ave. 443188 $1,349,900
10941 249 St. 312056 $2,999,000
24487 112 Ave. $6,800,000
10869 10911 248 St. $6,250,000
Photos
30 24951 112 AVENUE $649,900 30 24951 112 Ave. · 2bd/3ba · 1024sf 48 24951 112 AVENUE $719,900 48 24951 112 Ave. · 3bd/3ba · 1401sf 77 24951 112 AVENUE $869,900 77 24951 112 Ave. · 4bd/3ba · 1671sf 11626 248 STREET $1,549,000 11626 248 St. · 4bd/2ba · 2547sf 149 24951 112 AVENUE $664,900 149 24951 112 Ave. · 2bd/3ba · 1051sf 11020 250A AVENUE $1,189,900 11020 250a Ave. · 4bd/4ba · 2436sf 25025 110A AVENUE $1,349,900 25025 110a Ave. · 4bd/4ba · 3188sf 10941 249 STREET $2,999,000 10941 249 St. · 3bd/1ba · 2056sf 24487 112 AVENUE $6,800,000 24487 112 Ave. · 0bd/0ba 10869 10911 248 STREET $6,250,000 10869 10911 248 St. · 0bd/0ba

The Terraces Area Map 🔍 Open larger map ↗