2005 Marine Way, New Westminster, BC, MLS® R3074144

$5,000,000
Est. Mortgage /mo

$5,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
1 Baths
2 Stories
lot 16382 sqft
2577 sqft
1910 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2005 Marine Way, New Westminster, BC | MLS® R3074144 Property Details

Developer & Investor Alert, Land Assembly! Exceptional Transit-Oriented Development opportunity in New Westminster, steps from 22nd Street SkyTrain Station. Under Bill 47 (Transit-Oriented Areas), these properties are designated for high-density development with a minimum 20-storey tower and minimum 5.0 FSR.This offering includes 2 adjoining lots (2005 and 2013 Marine Drive) totalling 21,682 sq. ft. of land. Considered the best corner site in the area at 20th Street and Marine Way. A rare chance to secure a premier development location in a rapidly growing corridor. Permission required to walk the property. Buyer to verify all zoning, OCP, and development details with the City of New Westminster.

General Info

Price $5,000,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 2577
Lot Size 16382
Lot Size Depth Feet
Lot Size Frontage 71
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1910
Age Of Building 115
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3074144
Area New Westminster
Neighbourhood Connaught Heights
City New Westminster
Gross Taxes $6,804.16
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open, Front Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning NR-1
Rental Suites -
# of Kitchens 2
Foundation Other
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Connaught Heights Elementary School
Above Average
0.75 km
7.1/10
Middle
Fraser River Middle School
2.15 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Our Lady of Mercy School
1.76 km
10/10
Excellent
Secondary
St.Thomas More Collegiate
1.75 km

Closest Transit

Bus Stop
Westbound Marine Way @ 20 St
0.05 km
Skytrain
Skytrain @ 22Nd St Stn
0.22 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 2005 Marine Way, New Westminster, BC, MLS® R3074144

As we walk through the charming neighborhood of Connaught Heights, you'll find yourself surrounded by the best of British Columbia's beauty and convenience. Our tour today is centered around the stunning property at 2005 Marine Way, a true gem in the heart of New Westminster.

Education

One of the top priorities for families is access to quality education, and 2005 Marine Way delivers. Your children will thrive at Connaught Heights Elementary School, a highly-rated institution just a 0.75 km stroll away. With a rating of 7.1/10, this school is a shining example of the community's commitment to education. If you're looking for an independent school option, Our Lady of Mercy School is just 1.76 km away, boasting a stellar rating of 10/10. And for secondary education, St. Thomas More Collegiate is only 1.75 km away, offering a unique and supportive learning environment.

Safety

When it comes to safety, you can rest assured that 2005 Marine Way is located in a neighborhood with a relatively low crime rate, especially when compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 5,584 incidents of crime in this area, resulting in an overall crime rate of 6,761.11. This is actually below the average rate for the province. Additionally, the rate of drug-related crimes is also below average, with a rating of 134.4. You can feel secure knowing that your family is protected in this safe and welcoming community.

Demographics

Our community is a vibrant and diverse one, with a mix of families, young professionals, and long-time residents. Did you know that 21.1% of residents in this neighborhood hold a university degree, making it an average in comparison to other BC neighborhoods? You'll also find that the median household income is $81,152, which is above average for the province. As for language, English is the dominant language spoken here, with 90.6% of residents speaking only English.

Lifestyle Amenities

From parks and beaches to shopping malls and restaurants, 2005 Marine Way offers an enviable lifestyle. Westbound Marine Way @ 20 St is just a 0.05 km walk away, providing easy access to public transportation. And when it comes to recreation, you'll find plenty of opportunities to stay active, from hiking and biking to sports and fitness. You'll also appreciate the proximity to grocery stores, coffee shops, and other essential services.

Real Estate Context

As we explore the real estate market, you'll find that the average dwelling value in this neighborhood is $1,104,717, making it a highly sought-after area. With an average owner payment of $1,819 and an average tenant payment of $1,110, you can expect a stable and secure investment. Plus, with 36.1% of residents renting, you'll have access to a thriving rental market.

Getting Around

Getting around New Westminster is a breeze, thanks to the convenient public transportation options available. With a high rate of public transportation use (34.4%), you can easily get to work, school, or other destinations without worrying about parking or traffic. And if you prefer to drive, you'll appreciate the easy access to major highways and roads.

Insider Tips

As a local realtor, I've had the pleasure of working with many families and individuals who've made 2005 Marine Way their home. I can tell you that the community is warm and welcoming, with a strong sense of neighborhood pride. Whether you're a young family, a retiree, or a professional, this property has something for everyone.

MLS® R3074144

If you're ready to experience the best of New Westminster, look no further than 2005 Marine Way, MLS® R3074144. This stunning property offers the perfect blend of convenience, safety, and lifestyle amenities, making it an ideal choice for anyone looking to call this beautiful city home. Contact me today to schedule a viewing and discover the possibilities for yourself!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,000,000
New Westminster No comparables
Connaught Heights No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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