Property Information:

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.

Building Features:

Floor Space: 2030 Square Feet

Property Features:

Bedrooms: 3
Bathrooms: 2+0
Annual Tax Amount: $6,782
Appliances: Washer/Dryer, Dishwasher, Refrigerator
Basement: None
Fireplace Features: Wood Burning
Floor Space (approx): 2030 Square Feet
Heating: Forced Air
Levels: Two
Lot Frontage: 61.68 Feet
Lot Size: 8994.00 Square Feet
Parking Features: Garage Double, Lane Access
Structure Type: Residential Detached
No. of Parking Spaces: 4

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Demographic Information of 319 Eighth Avenue E, New Westminster, BC, V3L 4K5

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$128,303.96

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.52 %

High school certificate or equivalent

27.84 %

Apprenticeship trade certificate/diploma

7.53 %

College/non-university certificate

20.64 %

University certificate (below bachelor)

1.9 %

University Degree

33.56 %

Commuter

Travel To Work

By Car

66.95 %

By Public Transit

17.09 %

By Walking

9.0 %

By Bicycle

1.87 %

By Other Methods

5.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.6 %

Houses

47.4 %

319 Eighth Avenue E, New Westminster, BC, V3L 4K5