$1,700,000
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 #
R3074143
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Basement Entry, Split Entry
Ownership
Freehold NonStrata
Zoning
NR-2
Bedrooms
4
Full Baths
1
Half Baths
1
Kitchens
1
Fireplaces
1
Living Area
2,462 sqft
Main Floor
1,251 sqft
Above Main
1,211 sqft
Basement
Yes
Lot Size
5,300 sqft
Lot Dimensions
50 x 106
Frontage
50
Year Built
1920
Age
106 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior)
Structure
Residential Detached
Parking Stalls
4
Parking Type
Open, Front Access
Original Price
$1,700,000
Taxes
$3,373.7/yr
Listed
2025-12-15
MLS Area
Connaught Heights
City
New Westminster
Postal Code
V3M 2H2
Features & Finishes
Heating
Forced Air
Flooring
Laminate · Mixed · Carpet
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Fireplace
Gas
Patio / Porch
Patio
Building & Community
Transit
Near
Schools
Near
Lot Features
Central Location, Recreation Nearby
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
No
Location
Open in Google MapsCoordinates: 49.200215, -122.946214 · Map data © Google
Fair Market
Deal Score out of 10
Priced at or near market value in current conditions.
Offer Advisor
Medium confidenceSuggested Offer
$1,584,524
6.8% below asking price
Negotiation Range
$1,542,024 – $1,610,024
$68,000 spread
Based on 11 recent sales, a starting offer around $1,584,524 (6.8% below ask) is reasonable. Your negotiation range is $1,542,024 – $1,610,024.
What's factored in
Based on 11 residential sales in New Westminster (last 60 days) · Updated May 4
