An incredible opportunity awaits savvy developers and investors in the heart of New Westminster! Located directly adjacent to the 22nd Street SkyTrain Station, this prime piece of real estate offers unbeatable accessibility and potential for future growth. With the recent announcement of Bill 47 (Transit-Oriented Areas), the subject properties are poised for redevelopment into a condominium tower with a minimum height of 12 storeys and a density of 4.0 FAR. This significant zoning update makes this a must-consider opportunity for those looking to capitalize on the city's growing transit-oriented development strategy. Strategically located near essential services, public transport, and with proximity to the vibrant New Westminster waterfront. Buyers should consult with the city of New West.
Address
2206 EIGHTH AVENUE
List Price
$1,845,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
Rancher/Bungalow w/Bsmt.
Area
New Westminster
Sub-Area
Connaught Heights
Bedrooms
2
Bathrooms
1
Floor Area
1,596 Sq. Ft.
Lot Size
5995 Sq. Ft.
Year Built
1940
MLS® Number
R2962104
Listing Brokerage
Royal LePage West Real Estate Services
Basement Area
Unfinished
Postal Code
V3M 2V1
Zoning
NR-2
Tax Amount
$5,687.00
Tax Year
2024
Features
Clothes Washer/Dryer, Refrigerator
Heat Type
Electric, Natural Gas