Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · New Westminster

2005 Marine Way

New Westminster, BC V3M2H2

$5,000,000

294 days on market

Bedrooms
3
Bathrooms
1
Floor area
4,074 sq ft
Type
House
Year built
1910
Taxes
$6,804.16 (2023)
MLS®
R3074144

About this home

Developer & Investor Alert, Land Assembly! Exceptional Transit-Oriented Development opportunity in New Westminster, steps from 22nd Street SkyTrain Station. Under Bill 47 (Transit-Oriented Areas), these properties are designated for high-density development with a minimum 20-storey tower and minimum 5.0 FSR.This offering includes 2 adjoining lots (2005 and 2013 Marine Drive) totalling 21,682 sq. ft. of land. Considered the best corner site in the area at 20th Street and Marine Way. A rare chance to secure a premier development location in a rapidly growing corridor. Permission required to walk the property. Buyer to verify all zoning, OCP, and development details with the City of New Westminster.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$22,139
Strata fee$0
Property taxannual ÷ 12$567
Est. monthly total$22,706
Down payment + BC property transfer taxbefore any first-time buyer exemption$1,168,000

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Listing courtesy of eXp Realty. View on REALTOR.ca

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