Primary photo of 802 & 806 EIGHTH STREET, New Westminster
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Vacant Land For Sale

$2,750,000

MLS® Number: C8070244

Land Size

20,317

802 & 806 EIGHTH STREET, New Westminster, British Columbia

About This Property

Claire Group is excited to present investors with a unique redevelopment opportunity for this corner 3 lot parcel situated in a central location of New Westminster. Developers can continue the rezoning application, which has obtained third reading to construct 18 residential units which includes the retention and on-site relocation of the 1929 Sincock House on its own subdivided parcel, and the construction of three new townhouse buildings. The new buildings would include nine standard side-by-side townhouse units, and eight units in a stacked townhouse format. The bottom units would be one-level accessible dwellings and the top units would front onto Eighth Avenue, giving the appearance of side-by-side units. The heritage house would be restored and legally protected through a Heritage Designation Bylaw. An overall combined Floor Space Ratio of 1.08 (0.71 FSR for the heritage house parcel and 1.13 FSR for the townhouse parcel) is proposed for the site. Buyers should consult with the city of New West.

Property Details

Land & Location

Lot Size Area

20317.0 sqft

Lot Size Dimensions

20317

Postal Code

V3M3S8

Utilities & Services

Utilities

Water

Listing & Financials

Listing Office

RE/MAX Real Estate Services

Originating System Name

Greater Vancouver REALTORS®

Other Specifications

Country

Canada

Mortgage Calculator

20% ($550,000)
5.5%
25 Years

Estimated Monthly Payment

$13,510

Principal and interest only. Actual rates may vary.

Location & Map

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