$2,500,000
About this House
Prime holding and redevelopment opportunity in New Westminster. Currently improved with a single-family home, this property is designated M_RLM (Residential – Limited Mid-Rise) in the Official Community Plan and is located within the Transit-Oriented Area (Tier 3). OCP supports consideration of mid-rise residential development of up to 8 storeys, subject to City approvals and rezoning. An excellent opportunity for developers to acquire this property as a standalone investment or explore the potential for a land assembly with neighbouring properties. Centrally located close to transit, parks, schools, shopping and amenities. Buyer to verify all development potential with the City of New Westminster.
Listed by RE/MAX Select Realty.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3146789
- Type: House
- Building: 823 Queens Avenue, New Westminster
- Bedrooms: 3
- Bathrooms: 2
- Square Feet: 2,291 sqft
- Lot Size: 3,300 sqft
- Full Baths: 2
- Half Baths: 0
- Title: Freehold NonStrata
- Taxes: $5441.91
- Parking: Garage Single, Other, Front Access, Side Access
- Basement: Finished, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1950
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