630 Twelfth Street,New Westminster, BC V3M4J4
New Westminster, BC V3M4J4
Description
A rare C2-zoned holding property in one of New West's strongest growth corridors. The building features a newly renovated restaurant space alongside a separate, self-contained residential unit ' fully leased and income-producing on month-to-month tenancies, giving an investor flexibility to hold and collect now or move toward redevelopment on their own timeline. The real upside is the land. Offered in conjunction with the adjacent 628 Twelfth Street, the combined site assembles approximately 62 feet of frontage ' a development-scale parcel with potential for a 4 storey mixed-use or multifamily residential building, subject to City of New Westminster approvals. Build, hold, or land-bank in a walkable, transit-friendly location close to shops, dining, and amenities. Must be sold in conjunction with 628 Twelfth Street. All tenancies are month-to-month. (id:13843)
Details
| MLS # | C8079919 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 124 |
| Listing Provided By | Oakwyn Realty Ltd. | Greyden Douglas |
Features
| SQ Feet | 1,000 |
|---|---|
| Zoning | C-2A |
| Acreage | 0.09 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 17630.65 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3M4J4 |
| Listing VS Median (in V3M4J4) | |
Price: $1,449,900 low | high Med: $1,449,900 sqft: 1,000 low | high Med: 1,700 $ / sqft: $1,450 low | high Med: $1,027 On site: 124 low | high Med: 124 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3M4J4 |
| Listing VS Median (in V3M4J4) | |
Price: $1,449,900 low | high Med: $1,449,900 sqft: 1,000 low | high Med: 1,700 $ / sqft: $1,450 low | high Med: $1,027 On site: 124 low | high Med: 124 | |