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1135 Salter St 2.31 Acres of Commercial Land Offered at $10,427,303 USD in New Westminster, BC V3M 6A4
Investment Highlights
- 3rd Reading approved allowing a townhouse development consisting of 45-units with a favorable unit mix.
- Extremely accessible within steps of multidirectional transit stops and minutes to Highway #91, #91A and Marine Drive.
- Well-located and within walking distance of Queensborough Elementary and Middle School, Queensborough Community Centre, parks, retail, and more.
Executive Summary
Colliers presents the opportunity to acquire a 2.31 Acre development site in the Queensborough district of New Westminster. The Property was approved at 3rd
Reading in January 2025 for 45-townhomes across 8-buildings. Area amenities, all within steps of the property, include Queen Elizabeth Elementary and Middle Schools, Queensborough Community Centre, Parks and Queensborough Skate Park.
Reading in January 2025 for 45-townhomes across 8-buildings. Area amenities, all within steps of the property, include Queen Elizabeth Elementary and Middle Schools, Queensborough Community Centre, Parks and Queensborough Skate Park.
Property Facts
| Price | $10,427,303 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.31 AC |
| Zoning | RT-3/P-10 - RT-3 - Queensborough Townhouse Districts P-10 - Parks District | ||
| Price | $10,427,303 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.31 AC |
| Zoning | RT-3/P-10 - RT-3 - Queensborough Townhouse Districts P-10 - Parks District |
1 Lot Available
Lot
| Price | $10,427,303 USD | Lot Size | 2.31 AC |
| Price Per AC | $4,513,984.10 USD |
| Price | $10,427,303 USD |
| Price Per AC | $4,513,984.10 USD |
| Lot Size | 2.31 AC |
45-unit townhouse development site with approved plans for 49,692 buildable SF approved at 3rd reading
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
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1135 Salter St
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