About This Property
INVESTOR/DEVELOPER ALERT IN SAPPERTON! This home/land is in the TOA AREA and has a preliminary plan for a 3.0 FSR density all on one lot. Why wait for complex assemblies. Corner lot and right next to Hume park. Plans include a daycare and 13 units in the prelim stage. Currently a renovated 5 bedroom with 3 bathroom and 3 kitchens making it a great hold and develop. Walking distance to Hume Park, Sapperton Park, and the vibrant shops/cafes on E Columbia St. With the Royal City's continued growth, this is a strategic addition to any portfolio. Bring your vision to this quiet, tree-lined street in one of BC's most connected neighborhoods! (id:64973)
The $2,199,000 listing price equates to $1,586 per square foot, which is significantly above the New Westminster average of $1,200 per square foot. However, the property's prime corner lot location, existing multi-unit configuration, and approved redevelopment plans make it an enticing opportunity for savvy developers and investors seeking to capitalize on Sapperton's growth potential.
Property Details
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