Description
Prime holding and redevelopment opportunity in New Westminster. Currently improved with a single-family home, this property is designated M_RLM (Residential - Limited Mid-Rise) in the Official Community Plan and is located within the Transit-Oriented Area (Tier 3). OCP supports consideration of mid-rise residential development of up to 8 storeys, subject to City approvals and rezoning. An excellent opportunity for developers to acquire this property as a standalone investment or explore the potential for a land assembly with neighbouring properties. Centrally located close to transit, parks, schools, shopping and amenities. Buyer to verify all development potential with the City of New Westminster.
General Info
| MLS Listing ID: R3146789 | Bedrooms: 3 | Bathrooms: 2 | Year Built: 1950 |
| Parking: N/A | Heating: Forced air | Lotsize: 3300 sqft | Air Conditioning : N/A |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Unknown (Finished) |
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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 .