$650,000

916 Eighth Street, New Westminster, BC V3M 3T2

MLS® R3117270

Description

Prime development opportunity in the heart of New Westminster. This 5,612 sq ft corner lot with NR-2 zoning offers excellent potential for future redevelopment, including infill townhomes, rowhomes, or land assembly. Central location steps to Moody Park, schools, shopping, and transit makes this a highly desirable site for builders and investors. Property is currently leased with holding income, and environmental work has been initiated. Buyers to do their own due diligence. Estate Sale sold "As Is Where Is". This property was formerly a gas station and may have one or more underground storage tanks.

Property

Property type

Land

Structure

Land Only

Ownership

Freehold NonStrata

Lot and parking

Lot size

5,612 sq ft

Lot dimensions

65.09 x 86.22

Lot features

Central Location, Recreation Nearby

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$15,509

Tax year

2,025

Land lease

No

Location

Area

New Westminster

Neighbourhood

Moody Park

View

Mountains

Waterfront

No

Community features

Near Shopping