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1805 Sixth Av 0.13 Acres of Residential Land Offered at $1,899,000 CAD in New Westminster, BC V3M 2E1
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 | $1,899,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | ||
| Zoning | Residential - Residential | ||
| Price | $1,899,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| Zoning | Residential - Residential |
1 LOT AVAILABLE
Lot
| Price | $1,899,000 CAD | Lot Size | 0.13 AC |
| Price Per AC | $14,525,122.57 CAD |
| Price | $1,899,000 CAD |
| Price Per AC | $14,525,122.57 CAD |
| 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
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Transit Score®
Excellent Transit (80)
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Presented by
Republique Group
1805 Sixth Av
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