421 Seventh Street, New Westminster

Description

11 property land assembly in Uptown New Westminster on Seventh Street & fourth Ave. It is a very central location in close walking distance to the Royal City Centre, Save On Foods, London Drugs & many cafes, banks & restaurants. The city has recently released it's new OCP. They refer to this area as the Bent Court Study area. They wish to preserve some of the houses that have heritage value while recognizing existing entitlements (up to max 5.2 FSR under existing C-3 zoning) In this assembly, there are extra lots that can be used to relocate heritage houses. City will consider relaxing parking & commercial requirements & density transfers through heritage revitalization agreement. Pricing is $105 per buildable sq ft.

Taxes (2017): $3,586.69

MLS Reciprocity
Listed By: NAI Commercial
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.