2206 8th Ave

An incredible opportunity awaits savvy developers and investors in the heart of New Westminster! Located directly adjacent to the 22nd Street SkyTrain Station, this prime piece of real estate offers unbeatable accessibility and potential for future growth. With the recent announcement of Bill 47 (Transit-Oriented Areas), the subject properties are poised for redevelopment into a condominium tower with a minimum height of 12 storeys and a density of 4.0 FAR. This significant zoning update makes this a must-consider opportunity for those looking to capitalize on the city's growing transit-oriented development strategy. Strategically located near essential services, public transport, and with proximity to the vibrant New Westminster waterfront. Buyers should consult with the city of New West. (id:54626)