1921 MARINE WAY, New Westminster
$2,798,968
This 9,266 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.
Developer Alert! Ideal for redevelopment to 4 to 6 Storey Multifamily. Prime opportunity for redevelopment in a rapidly evolving area of New Westminster. This site is ideally located just steps from the 22nd Street SkyTrain Station, offering excellent transit connectivity. A true Transit-Oriented Development (TOD) investment opportunity—check with the City of New Westminster regarding OCP and future land use potential. Don't miss this chance to be part of a growing, well-connected community.
How this price compares
This lot asks $302 per square foot of lot. That is 27% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 92 of 111 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,798,968
- Lot size
- 9,266 sqft
- Lot dimensions
- 50 x 184
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1946
- MLS® area
- West End NW
- MLS® number
- R3104661
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Listing data via MLS®. Displayed for information only.