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. (id:13843)
| MLS # | R3146789 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1950 |
| Days On Site | 108 |
| Listing Provided By | RE/MAX Select Realty | Iolanda Esposito |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,291 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.08 |
| Heating | Forced air |
|---|---|
| Appliances | All |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Parking Features | Garage, Other |
|---|---|
| Parking Total | 2 |
| Tax Annual Amount | 5441.91 |
|---|---|
| Tax Year | 2025 |
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3M1L9 |
| Listing VS Median (in V3M1L9) | |
Price: $2,500,000 low | high Med: $2,500,000 sqft: 2,291 low | high Med: 2,291 $ / sqft: $1,091 low | high Med: $1,091 On site: 108 low | high Med: 108 | |
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3M1L9 |
| Listing VS Median (in V3M1L9) | |
Price: $2,500,000 low | high Med: $2,500,000 sqft: 2,291 low | high Med: 2,291 $ / sqft: $1,091 low | high Med: $1,091 On site: 108 low | high Med: 108 | |