About This Property

Exceptional DEVELOPMENT OPPORTUNITY in the highly sought-after neighbourhood of New Westminster! This 8,994 sq. ft. (61.68 ft frontage) property has been pre-zoned RGO-A under the City's new Residential Ground-Oriented Infill Housing Program, offering the potential for a FOURPLEX development. The value is in the land, with the existing home being sold as-is where-is. Surrounded by quality new development and conveniently located near parks, schools, transit, shopping and major commuter routes, this is an outstanding opportunity for builders, developers and investors looking to capitalize on one of New Westminster's most exciting redevelopment areas. Buyer to verify all zoning, density, development potential, building design, servicing requirements and approvals with the City.

Property Details

MLS® #

R3145705

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Bedrooms

Full Baths

Half Baths

Fireplaces

Living Area

2,030 sqft

Main Floor

1,030 sqft

Lot Size

8,994 sqft

Lot Dimensions

61.68 x 113.55

Frontage

61.68

Age

999 years

Structure

Residential Detached

Parking Stalls

Garage Spaces

Parking Type

Garage Double, Lane Access

Taxes

$6,782.25/yr

MLS® Area

The Heights NW

City

New Westminster

Postal Code

V3L 4K5

Draft CPS Offer

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Redevelopment Potential

Multiplex potential: on a ~836 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.

~980 m straight-line to Sapperton SkyTrain

Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.

Land & Flood Check

Not in the Agricultural Land Reserve.

The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.

ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.