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1805 Sixth Av 0.13 Acres of Residential Land Offered at $1,360,393 USD in New Westminster, BC V3M 2E1

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INVESTMENT HIGHLIGHTS

  • Conveniently located near the 22nd Street Skytrain station
  • Carport
  • Potential for redevelopment

EXECUTIVE SUMMARY

Developers alert! The purpose of the Inclusionary Housing Policy is to help meet the City´s affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment.

PROPERTY FACTS

Price $1,360,393 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 0.13 AC
Zoning Residential - Residential

1 LOT AVAILABLE

Lot

Price $1,360,393 USD
Price Per AC $10,405,411.61 USD
Lot Size 0.13 AC

Existing single family home of 2,571 SF, net land size 5,695 SF. Currently has 4 parking spaces and carport. Priced for Land Assembly

Transit Score®
Excellent Transit (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32582164

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 1805 Sixth Av, New Westminster, BC V3M 2E1

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