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102/104 Eighth Avenue New Westminster, British Columbia V3L 1X8

2400 sqft

$2,999,999

Turn-Key Land Assembly! Prime location at 728 First Street and 102/104 Eighth Avenue. Ready for development, with 3rd reading obtained. Collectively the two properties are 132x132-with two road frontages and a wide lane. 17,490 sq ft lot to build 10 townhomes ranging from 1700-1800 sq ft, complete with rooftop decks, parking, and yards. All units feature 3 bedrooms or 3 bedrooms plus dens. Profit margins that work! Perfect for developers specializing in single-family homes, duplexes, or townhomes. Economy of scale advantage. Start construction this year! Both homes rented. Located one block from top-rated elementary and middle schools, with transit a minute away. Enjoy major shopping just a 2-minute walk away and Queens Park within a 5-minute stroll. Land is scarce in this area. ACT FAST! (id:27293)

Property Details

MLS® Number C8052542
Property Type Vacant Land
Farm Type Other
Features Lane
Storage Type Outside Storage

Building

Age Age Is Unknown
Amenities Street Lighting
Size Interior 2400 Sqft

Land

Acreage No
Fence Type Fenced Yard
Sewer Storm Sewer
Size Irregular 8745
Size Total 8745 Sqft
Size Total Text 8745 Sqft
Zoning Description Rgo

Utilities

Electricity Available
Water At Lot Line
Natural Gas At Lot Line
Telephone Available
Sewer At Lot Line

https://www.realtor.ca/real-estate/25762929/102104-eighth-avenue-new-westminster

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