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802 & 806 EIGHTH STREET, New Westminster

MLS® #C8070244
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. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Annual Tax

$16,321

Tax Year

2023

Data Source

Greater Vancouver REALTORS®

Exterior & Lot

Lot Size

20317.0 sqft

Building & Utilities

Utilities

Water

$2,750,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

RE/MAX Real Estate Services

Mortgage Calculator
$550,000

Loan Amount:

$2,200,000

Estimated Monthly Payment:

$10,721

This is an estimate for informational purposes only. Consult with a financial advisor.