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1923 Marine Way

New Westminster

4 Bed, 2 Bath House

$3,395,968

DESCRIPTION

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1927 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City’s affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment.

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AT A GLANCE

MLS® # R2828960
Subarea West End NW
Home Style Rancher/Bungalow w/Loft
Beds 4
Baths 2
Size 1,764 sqft
Lot Size 10,448 SqFt.
Lot Dimensions 50.00 ×
Built 1950
Taxes $3,956.00 in 2022

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LISTING BROKERAGE

RE/MAX Select Properties

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Les Twarog
Re/Max Crest Realty
les@bccondos.net

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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