1 year on Market

102/104 EIGHTH AVENUE, New Westminster, British Columbia V3L1X8

Detached
4
3
~2400 sqft
$2,999,999
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Detached
4
3
~2400 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,249/sqft

Est. Mortgage$12,884/mo

Tax Amount ()-

Days On Market1 year


Description

Turn-Key Land Assembly! Prime location at 728 First Street and 102/104 Eighth Avenue. Ready for development, with 3rd reading obtained. Collectively the two properties are 132x132-with two road frontages and a wide lane. 17,490 square ft lot to build 10 townhomes ranging from 1700-1800 sq ft, complete with rooftop decks, parking, and yards. All units feature 3 bedrooms or 3 bedrooms plus dens. Profit margins that work! Perfect for developers specializing in single-family homes, duplexes, or townhomes. Economy of scale advantage. Start construction this year! Both homes rented. Located one block from top-rated elementary and middle schools, with transit a minute away. Enjoy major shopping just a 2-minute walk away and Queens Park within a 5-minute stroll. Land is scarce in this area. ACT FAST! (id:39198)


Property Details

StyleHouse, Detached
View-
Age of property-
SqFt~2400 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberR2792676
Community NameGlenbrooke North
Data SourceCREA
Listing byStonehaus Realty Corp.

Features

Heating: Forced air
Basement: Full (Unknown), Unknown

Parking

Garage spaces 4

Garage type Detached Garage

Other parking spaces 0

Total parking spaces 4


Property listed by Stonehaus Realty Corp., Brokerage
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Population and Demographics

Overview

Total population 4076
Average household income $131,189

Age (%)

65 and plus
24%
50 to 64
22%
35 to 49
19%
20 to 34
17%
0 to 19
17%

Household composition (%)

Single family
52%
Single person
43%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
70%
Mandarin
6%
Yue (Cantonese)
4%
Tagalog (Pilipino, Filipino)
3%
Punjabi (Panjabi)
3%
Spanish
3%
Korean
2%
Others
2%
Serbian
1%
Russian
1%
Romanian
1%

House tenancy (%)

Owners
56%
Renters
44%

Schools and amenities

Estimated Budget

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