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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 9'7 x 9'7 ft |
| Main Level | Family Room | 13'11 x 13'11 ft |
| Main Level | Kitchen | 13'10 x 13'10 ft |
| Main Level | Bedroom | 12'8 x 12'8 ft |
| Main Level | Eating Area | 12'9 x 12'9 ft |
| Main Level | Kitchen | 17'10 x 17'10 ft |
| Main Level | Dining Room | 15'4 x 15'4 ft |
| Main Level | Living Room | 12'9 x 12'9 ft |
| Above Level | Bedroom | 11'7 x 11'7 ft |
| Above Level | Walk-In Closet | 7'6 x 7'6 ft |
| Above Level | Bedroom | 15'7 x 15'7 ft |
| Below | Steam Room | 13'9 x 13'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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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!
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