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The Terraces - 10550 248th Street

Maple Ridge, V2W 1H4

For Sale In Building & Complex

Date Address Status Bed Bath Price Attributes Sqft DOM Strata Fees Tax Listed By
09/09/2026 3 10550 248th Street Active 4 4 $799,988 ($434/sqft) Lowest Good Deal 1845 41 $425 $4,470 in 2025 One Percent Realty Ltd.
03/09/2026 13 10550 248th Street Active 4 4 $829,000 ($447/sqft) Top-Tier Good Deal 1854 225 $427 $4,549 in 2025 Royal LePage Elite West
Avg: $814,494   1850 133  

Sold History

Date Address Bed Bath Asking Price Sold Price Sqft DOM Strata Fees Tax Listed By
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Building Information

Building Name: The Terraces
Building Address: 10550 248th Street, Maple Ridge, V2W 1H4
Levels: 2
Suites: 17
Status: Completed
Built: 2015
Title To Land: Freehold Strata
Building Type: Strata Townhouses
Strata Plan: BCP36341
Subarea: Vmral
Area: Vmr
Board Name: Real Estate Board Of Greater Vancouver
Units in Development: 17
Units in Strata: 17
Subcategories: Strata Townhouses
Property Types: Freehold Strata

Building Contacts

Description

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.

The Terraces Market Summary

The Terraces is a residential building located at 10550 248th Street in Maple Ridge, built in 2015. There are currently 2 active listings with an average asking price of $814,494, ranging from $799,988 to $829,000. In the past 1 year, 2 units have sold at an average price of $873,750, averaging 61 days on market.

Active Listings
2
Avg. Asking Price
$814,494
Sold (1 Year)
2
Avg. Sold Price
$873,750
Avg. $/SqFt
$457
Avg. Days on Market
61

Frequently Asked Questions

Who is the best realtor to sell a home at The Terraces?

Hani Faraj of Hani & Les | BC Condos And Homes (RE/MAX Crest Realty) specializes in selling at The Terraces. Your listing is marketed on bccondosandhomes.com — BC's largest realtor-owned real estate website and the #1 Google result for building searches — reaching 157,000 registered buyers and over 300,000 monthly visitors, so your unit appears above other agents' listings. In the past 1 year, 2 units sold at The Terraces at an average of $873,750 in about 61 days on market. Call 604-229-3342 for a free, no-obligation home evaluation.

How many units are for sale at The Terraces?

There are currently 2 active listings at The Terraces, with an average asking price of $814,494.

How much do units sell for at The Terraces?

In the past 1 year, 2 units have sold at an average price of $873,750, averaging 61 days on market.

When was The Terraces built?

The Terraces was built in 2015 and is located in Maple Ridge.

Are there pet or rental restrictions at The Terraces?

The strata bylaws at The Terraces include the following restrictions: Rentals allowed.

What did the last 3-bedroom sell for at The Terraces?

The most recent three-bedroom sale at The Terraces closed at $885,000 in November 2025.

Strata ByLaws

Pets Restrictions

Pets Allowed: 1
Dogs Allowed: Yes
Cats Allowed: Yes

Construction Info

Year Built: 2015
Levels: 2
Construction: Frame - Wood
Rain Screen: Full
Roof: Fibreglass
Foundation: Concrete Perimeter
Exterior Finish: Stone

Maintenance Fee Includes

Other
$456.74
2015
$0.23
2

Building Complex Images


What's Your Unit in The Terraces Worth?

2 recent sales in The Terraces ranged $863K – $885K. Curious what your unit would sell for today? Get a free, no-obligation valuation from a local RE/MAX agent — based on real MLS® sold data, not an online estimate.

Location

Nearby Buildings

Building Name Address Levels Built Link
The Terraces II 10480 248TH Street, Albion 3 2016
The Falls 24951 112 Avenue, Thornhill MR 2024
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the Hani & Les | BC Condos And Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC