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1911 Marine Way

New Westminster

2 Bed, 1 Bath House

$3,999,900

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.

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AT A GLANCE

MLS® # R2939867
Subarea West End NW
Home Style Rancher/Bungalow
Beds 2
Baths 1
Size 1,069 sqft
Lot Size 4,556 SqFt.
Lot Dimensions 68.00 × 69.17
Built 1951
Taxes $3,707.66 in 2024

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LISTING BROKERAGE

eXp Realty

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Les Twarog
Re/Max Crest Realty
les@bccondos.net

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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