Real Estate Investment Opportunity in Prime Location

2 weeks ago


New Westminster, British Columbia, Canada Neeraj Kumar Real Estate Team Full time
Developer & Investor Alerts

An exceptional opportunity awaits investors and developers in New Westminster. A prime location, adjacent to the 22nd street skytrain Station, presents a collection of 32 houses that can be sold individually or as a small group. This transit-oriented investment opportunity is poised for significant growth with the recent announcement of Bill 47 (Transit-Oriented Areas), which will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5 FSR.

Situated just steps away from the Skytrain station, this property offers unparalleled convenience for future residents. The area boasts central amenities such as recreation and shopping facilities, making it an attractive option for those seeking a balanced lifestyle.

This real estate investment presents a unique chance for developers and investors to capitalize on the growing demand for residential properties in New Westminster. With its prime location and potential for high-density development, this opportunity is not to be missed.

The property features a single-family home type, with a finished basement and forced-air heating system. The surrounding area offers various amenities, including recreation and shopping facilities, making it an ideal location for those seeking a convenient and comfortable lifestyle.

  • $850,000 - $1,200,000 per house

Contact our offices at 604-363-2370 for further information and to discuss this exciting investment opportunity.



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