Log In/Sign Up
Your email has been sent.
Kinnaird Place 65 First St 61 Unit Apartment Building For Sale New Westminster, BC V3L 5K9
INVESTMENT HIGHLIGHTS
- The building is equipped with two highcapacity elevators, ensuring convenient and reliable access for tenants and visitors
- Steps from Downtown New Westminster, Columbia SkyTrain Station, and the new Pattullo Bridge
- Select suites and common areas have undergone renovations in 2021, enhancing the building’s appeal
EXECUTIVE SUMMARY
Avison Young is excited to present the rare opportunity to acquire a 47,421 sf site with an existing three-storey, 61-unit strata apartment, which has passed third reading for a landmark two-tower redevelopment. Positioned in New Westminster’s dynamic downtown core, the 500,223 sf gross floor area site is strategically located between the new Pattullo Bridge and Columbia SkyTrain Station, ensuring exceptional transit connectivity. Situated on a Tier 3 TOA site, this project features two striking towers approved for a combined 10.55 FSR. Together, they provide 633 residential units, comprising 304 condominiums and 329 rental units, seamlessly integrating parkside living with breathtaking views of the Fraser River and Fraser Valley. With major infrastructure upgrades, expanded transit networks, and rapid urban growth, this development represents a rare chance to invest in New Westminster’s transformation. A purchaser has the unique opportunity to assume Kinnaird Place as is and capitalize on its existing income-producing asset or proceed with the approved redevelopment to unlock its full density potential. Whether maintaining the current revenue stream or embracing the vision for a high-density, transit-oriented community, this Property represents a rare investment opportunity in one of Metro Vancouver’s most rapidly evolving urban corridors
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 61 | Lot Size | 1.09 AC |
| Property Type | Multifamily | Building Size | 61,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Zoning | RM-2 | ||
| Sale Type | Investment |
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 61,500 SF |
| No. Stories | 3 |
| Year Built | 1984 |
| Zoning | RM-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 61 | - | - |
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (77)
CONTACTS
-
Carey Buntain -
Michael Buchan -
Chris Wieser -
Kevin Murray -
Megan Low -
Avison Young
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Kinnaird Place | 65 First St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.