802 & 806 EIGHTH STREET, New Westminster
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. (id:62865)
Status
Active
Property Type
Vacant Land
Annual Tax
$16,321
Tax Year
2023
Data Source
Greater Vancouver REALTORS®
Lot Size
20317.0 sqft
Utilities
$2,750,000
Office
RE/MAX Real Estate Services
Loan Amount:
$2,200,000
Estimated Monthly Payment:
$10,721
This is an estimate for informational purposes only. Consult with a financial advisor.
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