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Heritage development site. City approval in place with permit for (5) strata town homes with back lane & double garages. 1405-1683 square feet. Note: Original front 1/2 of building is Heritage and is incorporated into the building plans. Presently rented at $5000 per month. (id:27476)
Located at 647 Ewen Avenue in the city of New Westminster, British Columbia, this heritage development site is currently for sale. The property boasts a land size of 9600 square feet and has city approval in place, along with a permit for the construction of five strata townhomes. These townhomes will feature back lanes and double garages, with each unit ranging from 1405 to 1683 square feet in size.
It is important to note that the original front half of the building holds heritage status and has been seamlessly incorporated into the building plans. Additionally, the property is currently generating rental income, with the existing tenants paying $5000 per month.
With its prime location and city approval for development, this property presents a lucrative investment opportunity for those looking to capitalize on the growing real estate market in New Westminster. The postal code for this property is V3M5C2.
