- Updated On:
- June 15, 2023
We are pleased to present this opportunity to acquire a 24,500 sf townhouse development site well located on Sixth Avenue in New Westminster. The assembled site consists of three properties: Two 5- unit multifamily buildings and one house, which provide holding income until the site is developed. This site falls under the RT- Residential Infill Townhouse designation under the New Westminster Community Plan.
The site is centrally located on the arterial street of Sixth Avenue in New Westminster, overlooking the banks of the Fraser River. This urban center is bordered by Burnaby to the west, Coquitlam to the east, and Surrey to the south. The city is directly on a main bus route and is easily accessible via Highway 1, the Pattullo Bridge, and multiple SkyTrain stations. The large Moody Park, with outdoor pool and tennis courts, is a 10-minute walk down Sixth Avenue. Royal City Centre mall and the Uptown area of New Westminster with its array of shops and restaurants, is a 15-minute walk away. Lord Tweedsmuir Elementary, Lord Kelvin Elementary, Fraser Montessori and New Westminster Secondary School are all within short walking distance of the property.