$5,000,000
Always independently verify square footage — differences between listed and actual can be significant.
About This Property
Developer & Investor Alert, Land Assembly! Exceptional Transit-Oriented Development opportunity in New Westminster, steps from 22nd Street SkyTrain Station. Under Bill 47 (Transit-Oriented Areas), these properties are designated for high-density development with a minimum 20-storey tower and minimum 5.0 FSR.This offering includes 2 adjoining lots (2005 and 2013 Marine Drive) totalling 21,682 sq. ft. of land. Considered the best corner site in the area at 20th Street and Marine Way. A rare chance to secure a premier development location in a rapidly growing corridor. Permission required to walk the property. Buyer to verify all zoning, OCP, and development details with the City of New Westminster.
Property Details
MLS #
R3074144
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
NR-1
Bedrooms
3
Full Baths
1
Half Baths
0
Kitchens
2
Living Area
2,577 sqft
Main Floor
1,828 sqft
Above Main
749 sqft
Basement
Yes
Lot Size
16,382 sqft
Lot Dimensions
71 x
Frontage
71
Year Built
1910
Age
115 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior), Stucco
Structure
Residential Detached
Garage Spaces
1
Parking Type
Garage Single, Open, Front Access
Original Price
$5,000,000
Taxes
$6,804.16/yr
Listed
2025-12-15
MLS Area
Connaught Heights
City
New Westminster
Postal Code
V3M 2H2
Features & Finishes
Heating
Natural Gas
Building & Community
Transit
Near
Schools
Near
Lot Features
Central Location, Recreation Nearby
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
No
Location
Open in Google MapsCoordinates: 49.200285, -122.945882 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
Medium confidenceSuggested Offer
$4,660,365
6.8% below asking price
Negotiation Range
$4,535,365 – $4,735,365
$200,000 spread
Based on 11 recent sales, a starting offer around $4,660,365 (6.8% below ask) is reasonable. Your negotiation range is $4,535,365 – $4,735,365.
What's factored in
Based on 11 residential sales in New Westminster (last 60 days) · Updated May 4
