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837 TWELFTH Street
Moody Park New Westminster V3M 4K4

$3,999,000
Land Commercial

Main Photo: 837 TWELFTH Street in New Westminster: Moody Park Land Commercial for sale : MLS®# C8035906
Photo 1: 837 TWELFTH Street in New Westminster: Moody Park Land Commercial for sale : MLS®# C8035906
Photo 2: 837 TWELFTH Street in New Westminster: Moody Park Land Commercial for sale : MLS®# C8035906
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8035906
Opportunity to acquire a residential development site that has passed third reading in the City of New Westminster. Final buildout will have 4 townhouses and 25 condos that are 2bedrooms and 3 bedrooms. 29 Total units. Wood frame 5 storey development site. Site is now vacant with demolition completed. Excellent location only minutes to High Gate area. Walking distance to parks, elementary and high school and two blocks away from private school. Fast growing area with many young families moving in. Clean site with Certificate of Compliance. Gross Buildable: 29,305SF. Finished condo prices in New Westminster are now over $700/SF on average.
Sale Type:
Asset
Property Type:
Land Commercial
Land Use/Zoning:
C2A REZONED
Taxes:
$27,836 / 2020
Services Connected:
Cable at Lot Line, Electricity, Natural Gas at Lot Line, Lane, Sewer - Storm, Sanitary sewer at Lot Line, Storm Sewer at Lot Line, City Water at Lot Line
Water Supply:
Municipal
Env Assmt Phase:
Phase/Stage 2
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 837 TWELFTH Street in New Westminster: Moody Park Land Commercial for sale : MLS®# C8035906
    Photo 1 of 2
  • Photo 2: 837 TWELFTH Street in New Westminster: Moody Park Land Commercial for sale : MLS®# C8035906
    Photo 2 of 2
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Listed by Sutton Group-West Coast Realty
Data was last updated January 23, 2021 at 12:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Copyright 2021 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Calgary Real Estate Board Cooperative Ltd., REALTORS® Association of Edmonton, Chilliwack & District Real Estate Board, BC Northern Real Estate Board and Kootenay Real Estate Board. All Rights Reserved.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.