Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · New Westminster

319 E Eighth Avenue

New Westminster, BC V3L4K5

$1,650,000

85 days on market

Bedrooms
3
Bathrooms
2
Floor area
2,030 sq ft
Type
House
Parking
4
Taxes
$6,782.25 (2026)
MLS®
R3145705

About this home

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.

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Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$7,306
Strata fee$0
Property taxannual ÷ 12$565
Est. monthly total$7,871
Down payment + BC property transfer taxbefore any first-time buyer exemption$361,000

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Listing courtesy of Sutton Centre Realty. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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