1911 MARINE WAY, New Westminster | $3,999,900

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. 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 development at 2.5 FSR, the price per buildable sets this at a favourable number for redevelopment.

Description

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. 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 development at 2.5 FSR, the price per buildable sets this at a favourable number for redevelopment.

General Info


MLS Listing ID: R2939867 Bedrooms: 2 Bathrooms: 1 Year Built: 1951
Parking: Garage Heating: Forced air Lotsize: 4556 sqft Air Conditioning : N/A

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .