1923 Marine Way, New Westminster

MLS®: R2828960
$3,395,968
1764 Sq.Ft. 2 Baths 4 Beds 10,448 Lot SqFt 1950 Built
 WalkScore

Description

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1927 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City’s affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment.

Taxes (2022): $3,956.00

MLS Reciprocity

Listed By: RE/MAX Select Properties

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.