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Building & Condo Information

The Terraces10550 248th Building

10550 248th St.

Maple Ridge, BC V2W 1H4

Levels2
Suites17
StatusCompleted
Built2015
Title to LandFreehold Strata
Strata PlanBCP36341
ConstructionFrame - Wood
AreaMaple Ridge
NeighbourhoodAlbion

$1,424,000Avg Asking

1Sold (1yr)

$1,418,000Avg Sold

$376Avg $/Sqft

View all 2 active listings » Contact Our Team Now!

📞 Call Les Twarog: 604.671.7000

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.

🔍 2 photos · slideshow

The Terraces

📞 604.671.7000 Contact

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.

📞 604.671.7000 ✉️ Email 💬 Text

For Sale in The Terraces & Complex

Date	Address	Status	Bed	Bath	Price	Sqft	Tax	Listed 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
	Avg				$1,424,000	3495

The Terraces Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Tax	Listed 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
2024-03-18	10531 248 St.	5	4	3363	$1,449,000	$1,400,000 ($416/sf)		$5939 (2022)	eXp Realty of Canada, Inc.
2023-06-25	10553 248 St.	5	5	3845	$1,499,500	$1,470,000 ($382/sf)		$6713 (2022)	Royal LePage - Brookside Realty
2023-05-22	10565 Robertson St.	4	4	2661	$1,299,000	$1,300,000 ($489/sf)		$5680 (2022)	RE/MAX LIFESTYLES REALTY
2023-05-06	10543 248 St.	5	5	3773	$1,499,900	$1,510,990 ($400/sf)		$6698 (2022)
2021-10-18	10536 Jackson Rd.	5	4	2806	$1,199,000	$1,300,000 ($463/sf)	4	$4766 (2021)	Royal LePage - Brookside Realty
2021-07-04	10563 248 St.	5	4	3225	$1,349,900	$1,300,000 ($403/sf)	31	$5440 (2021)	Keller Williams Elite Realty
2021-05-11	10540 Jackson Rd.	6	4	2806	$998,900	$1,145,000 ($408/sf)	22	$5739 (2020)	Sutton Group-West Coast Realty
2021-03-16	10546 Jackson Rd.	5	4	2903	$950,000	$1,146,500 ($395/sf)	6	$4977 (2020)	RE/MAX LIFESTYLES REALTY
2021-03-16	10531 248 St.	4	3	2959	$929,800	$1,120,000 ($379/sf)	6	$5157 (2020)	Keller Williams Elite Realty
2021-03-10	10555 Robertson St.	4	4	2676	$939,900	$999,999 ($374/sf)	5	$4914 (2020)	Homelife Benchmark Realty Corp. (Branch)
2020-10-05	10556 Jackson Rd.	4	3	2788	$799,800	$880,000 ($316/sf)	4	$4987 (2020)	RE/MAX LIFESTYLES REALTY
2020-08-17	10577 Robertson St.	4	4	2653	$899,900	$855,000 ($322/sf)	13	$4672 (2020)	Keller Williams Elite Realty

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

The Terraces Market Summary

The Terraces at 10550 248th St. — currently 2 active listings averaging $1,424,000. In the past year 1 unit sold at an average of $1,418,000.

Active Listings2

Avg Asking Price$1,424,000

Sold (1 Year)1

Avg Sold Price$1,418,000

Avg $/Sqft$376

Value & Financing

Price Positioning

$410 /sq ft

Active listings here average $410/sf vs $543/sf across Albion.

24% below area average

Mortgage Snapshot

$6,221 /mo

Entry price (from)$1,299,000

20% down payment$259,800

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

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

4 Bed →5 Bed →6 Bed →

Market data by RealtySuite

Property Documents

📗 Property Sales Kit »

Location, Street View & Aerial

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Site & Location Maps

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Amenities / Features

None

Maintenance Fees Include

Other

Location / Site Influences

Balcony

Construction & Development

Construction	Frame - Wood
Exterior Finish	Stone
Roof	Fibreglass
Foundation	Concrete Perimeter
Rain Screen	Full
Management Company	Confidential

Strata Information

Strata Plan	BCP36341
Building Type	Strata Townhouses
Title to Land	Freehold Strata
Units in Strata	17
Units in Development	17
Bylaws / Restrictions	RENTALS ALLOWED
Parking / Storage	Garage; Double

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 2 active listings for sale.

Listings for Sale Near The Terraces 🔎 MLS® Search »

Active listings nearby80

Average price$1,532,154

From$678,000

Up to$3,980,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
68 24951 112 Ave.	3	3	1411	$719,900
154 24951 112 Ave.	2	3	1047	$678,000
159 24951 112 Ave.	2	3	1051	$739,000
80 24951 112 Ave.	4	3	1635	$839,900
11217 250b St.	5	4	3222	$1,450,000
25025 110a Ave.	4	4	3188	$1,439,900
11238 250b St.	6	4	2847	$1,399,000
10941 249 St.	3	1	1028	$2,999,000
10921 249 St.	3	2	2401	$3,780,000
Lot P 10925 248 St.	3	2	2564	$1,248,000
25097 112 Ave.	5	4	2153	$1,025,000
24808 119 Ave.	2	2	1128	$849,900
11961 248 St.	5	2	2200	$845,000
24442 113 Ave.	4	4	2730	$1,348,800
24461 Jenewein Dr.	6	5	4396	$1,850,000
24427 Jenewein Dr.	6	4	3737	$1,699,900
24417 Jenewein Dr.	6	5	3517	$1,749,900
24835 Smith Ave.	3	2	1367	$999,900
24405 Jenewein Dr.	6	4	3517	$950,000
10707 248 St.	6	4	4060	$1,478,000
24440 110 Ave.	3	3	2691	$2,600,000
11235 244 St.	4	4	2613	$1,275,000
11222 243b St.	6	4	3365	$1,349,000
25134 Dewdney Trunk Rd.	1	1	1400	$2,800,000
11007 244 St.	7	7	4782	$1,949,900
24325 116 Ave.	7	5	3712	$2,099,000
24531 Dewdney Trunk Rd.	7	5	4279	$1,399,000
10639 249 St.	3	3	2547	$1,289,000
10875 Carmichael St.	5	6	4598	$2,390,000
25117 Dewdney Trunk Rd.	3	3	1631	$1,699,900
11018 243b St.	6	6	4045	$1,799,900
11002 243b St.	7	7	4820	$1,949,900
11011 Carmichael St.	7	8	5920	$2,150,000
12157 250 St.	4	1	1214	$1,018,000
16 24850 106 Ave.	4	4	3924	$1,499,000
24670 106 Ave.	4	4	3621	$1,578,000
10560 Robertson St.	4	3	3008	$1,299,000
10553 248 St.	5	5	3982	$1,549,000
24483 Dewdney Trunk Rd.	5	3	3168	$2,198,000
10850 Carmichael St.	8	8	7075	$2,699,000
25340 Bosonworth Ave.	6	4	4078	$2,050,000
13 10550 248 St.	4	4	1854	$850,000
11000 Carmichael St.	8	5	5814	$2,680,000
2 10480 248 St.	4	4	1854	$832,000
44 10480 248 St.	4	4	2236	$999,900
13 10480 248 St.	3	4	1842	$824,900
57 10480 248 St.	4	4	2540	$1,150,000
25370 Godwin Dr.	3	1	0	$1,099,000
10495 248 St.	3	4	2998	$1,399,000
10499 Mceachern St.	4	4	2893	$1,299,000