823 Queens Avenue, New Westminster

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MLS®: R3146789

$2,500,000

2291 Sq.Ft. 2 Baths 3 Beds 3,300 Lot SqFt 1950 Built

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Description

Prime holding and redevelopment opportunity in New Westminster. Currently improved with a single-family home, this property is designated M_RLM (Residential – Limited Mid-Rise) in the Official Community Plan and is located within the Transit-Oriented Area (Tier 3). OCP supports consideration of mid-rise residential development of up to 8 storeys, subject to City approvals and rezoning. An excellent opportunity for developers to acquire this property as a standalone investment or explore the potential for a land assembly with neighbouring properties. Centrally located close to transit, parks, schools, shopping and amenities. Buyer to verify all development potential with the City of New Westminster.

Taxes (2025): $5,441.91