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.
Address
319 E Eighth Avenue
List Price
$1,650,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
New Westminster
Sub-Area
The Heights NW
Bedrooms
3
Bathrooms
2
Floor Area
2,030 Sq. Ft.
Main Floor Area
1030
Lot Size
8994 Sq. Ft.
Lot Size Dimensions
61.68 x 113.55
Lot Size (Acres)
0.21 Ac.
Lot Size Units
Square Feet
Total Building Area
2030
Frontage Length
61.68
MLS® Number
R3145705
Listing Brokerage
Sutton Centre Realty
Basement Area
None
Postal Code
V3L 4K5
Zoning
RGO-A
Ownership
Freehold NonStrata
Parking
Garage Double, Lane Access
Parking Places (Total)
4
Tax Amount
$6,782.25
Tax Year
2026
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
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