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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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39 E Eighth Avenue, New Westminster
MLS®: R3146439
3230
Sq.Ft.
3
Baths
7
Beds
8,930
Lot SqFt
1967
Built
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Description
Prime Land Assembly Opportunity! An exceptional opportunity to acquire a strategic land assembly poised for redevelopment. Currently zoned RGO-A, this offering provides significant scale and an efficient footprint ideal for developers looking to maximize yield. Positioned on a quiet, accessible street with excellent frontage, this site offers the perfect balance of residential appeal and urban convenience. The contiguous parcels offer favorable topography to streamline construction, while existing structures provide holding income potential during the planning phases. Located minutes from everyday amenities, green spaces, and commuter routes.
Taxes (2025): $7,663.18
Amenities
Shopping Nearby
Garden
Balcony
Private Yard
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