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1416 EIGHTH AVENUE, New Westminster | $1,599,000

Incredible opportunity for a 66' x 148' lot in the West End, one of New Westminster´s most desirable neighbourhoods. The City has recently rezoned this lot for multiplex, allowing up to four units, making it ideal for builders, investors or multi-generational families. This is the largest lot currently on the market in the West End and one of the largest on the market in the entire city. The wide frontage and impressive depth offer valuable flexibility for multiplex design, layout and spacing. The current home is approx. 3,000 sq.ft. and tenanted up/down, providing holding income while plans are explored. Great central location within walking distance to SkyTrain, parks and bus stops, with quick access to amenities and major routes. WATCH THE VIDEO: See What Makes This Lot Truly Different

Description

Incredible opportunity for a 66' x 148' lot in the West End, one of New Westminster´s most desirable neighbourhoods. The City has recently rezoned this lot for multiplex, allowing up to four units, making it ideal for builders, investors or multi-generational families. This is the largest lot currently on the market in the West End and one of the largest on the market in the entire city. The wide frontage and impressive depth offer valuable flexibility for multiplex design, layout and spacing. The current home is approx. 3,000 sq.ft. and tenanted up/down, providing holding income while plans are explored. Great central location within walking distance to SkyTrain, parks and bus stops, with quick access to amenities and major routes. WATCH THE VIDEO: See What Makes This Lot Truly Different

General Info


MLS Listing ID: R3171800 Bedrooms: 6 Bathrooms: 3 Year Built: 1928
Parking: N/A Heating: Forced air Lotsize: 9801 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 .