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$ 3,150,000

411 SEVENTH STREET, New Westminster, BC, V3M 3L2

Listing ID# R2231764
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$ 3,150,000

  • 411 SEVENTH STREET
    Uptown, New Westminster, BC V3M 3L2
  • Listing ID R2231764
  • Building Type: VACANT LAND
  • Land Size: 0.13
  • Status: For Sale/Active
  • Days on Market: 8
  • Tax Year: 2017
  • Community: Uptown NW

Property Description

11 property land assembly in Uptown New Westminster on Seventh Street and Fourth Ave. It is a very central location, in close walking distance to the Royal City Centre, Save-On Foods, London Drugs and many cafes, banks and restaurants. The city has recently released its new OCP. They refer to this area as the Bent Court Study area. They wish to preserve some of the houses that have heritage value while recognizing existing entitlements (up to max 5.2 FSR under existing C-3 zoning). In this assembly, there are extra lots that can be used to relocate heritage houses. City will consider relaxing parking and commercial requirements and density transfers through heritage revitalization agreement. Pricing is $105 per buildable sq ft.



Listing courtesy of NAI Commercial


Demographics

Uptown Property Overview
66%Rent 34%Own
  • Detached 574
  • Duplex 413
  • Low-Rise 177
  • Semi-Det. 19
$ 407 k

Average Home Price in Uptown

46 years

Average home age in Uptown

Household Size
5,577Non-family 4,381One-family 65Multi-family
Household size (# people)
  • 15,510
  • 22,727
  • 31,078
  • 4-5631
  • 6+77
Household Income in Uptown
82.3%Employed 11.4%Unemployed 6.3%Self-Employed
  • White Collar 5,440
  • Blue Collar 4,025
$ 49 k

Average income

42 years

Average age

Education
  • Certificate, diploma, degree 15,015
  • High School 4,938
  • No Certificate 3,661
  • College 3,481
  • Apprenticeship 1,737
Marital Status in Uptown
41%Single 35%Married 25%Other
Age groups
  • 0-1917%
  • 20-2914%
  • 30-4934%
  • 50+35%

Points of interest and Comparables - Uptown

$311,390*

average price

-4.72%

market trend

* - average price based on 125 comparable properties in the neighbourhood
# date listed bed/bath
1 1/10/2018 $3,280,000
2 1/13/2018 $3,825,000
3 1/10/2018 $2,730,000
4 1/18/2018 $2,625,000
5 1/10/2018 $2,625,000
6 1/18/2018 $2,625,000
7 1/13/2018 $2,680,000
8 1/12/2018 $2,680,000
9 1/12/2018 $2,680,000
10 1/14/2018 $2,680,000
409 SEVENTH STREET, New Westminster, BC
VACANT LAND
409 SEVENTH STREET
New Westminster
Listing courtesy of NAI Commercial
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435 SEVENTH STREET, New Westminster, BC
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427 SEVENTH STREET, New Westminster, BC
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421 SEVENTH STREET, New Westminster, BC
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437 SEVENTH STREET, New Westminster, BC
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437 SEVENTH STREET
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2017 MARINE WAY, New Westminster, BC
VACANT LAND
2017 MARINE WAY
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Listing courtesy of Multiple Realty Ltd.
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5075 PAYNE STREET, Vancouver, BC
VACANT LAND
5075 PAYNE STREET
Vancouver
Listing courtesy of RE/MAX City Realty
$3,480,000
  • 2 schools
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