427 Seventh Street, New Westminster, BC

  • lot size: 4,900 sqft
  • R2231478

$2,680,000

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Secondary Information

General Info

Status
Active
Sub-Area
Uptown NW
Area
New Westminster
City
New Westminster
Province
BC
Taxes
$18,604 / 2017
Property Type
Land
SIZE: N/A TAXES (2017): $18,604
MLS®: R2231478
TYPE: Land $/Sq.Ft: N/A
SUBAREA: Uptown NW

Description

11 property land assembly in Uptown New Westminster on Seventh Street and Fourth Ave. It is a very central location, in close walking distance to the Royal City Centre, Save-On Foods, London Drugs and many cafes, banks and restaurants. The city has recently released its new OCP. They refer to this area as the Bent Court Study area. They wish to preserve some of the houses that have heritage value while recognizing existing entitlements (up to max 5.2 FSR under existing C-3 zoning). In this assembly, there are extra lots that can be used to relocate heritage houses. City will consider relaxing parking and commercial requirements and density transfers through heritage revitalization agreement. Pricing is $105 per buildable sq ft.

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Purchase Price $2,680,000
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Listing Courtesy of NAI Commercial
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