$2,310,000

2008A SEVENTH AVENUE

New Westminster BC V3M 2L6 - Connaught Heights
2 bd
1 ba
950 sqft
Built 1940

About This Property

Developer & Investor Alerts - Land Assembly – An incredible opportunity awaits you in New Westminster! Transit-Oriented investment opportunity in a prime location adjacent to 22nd street skytrain Station. Recently announced, Bill 47 (Transit-Oriented Areas) will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum…

Features

Additional Parking
Garage Single
Lane Access
Shopping Nearby
Room measurements5 rooms▸
KitchenMain · 10'0 × 10'0
Dining RoomMain · 10'0 × 10'0
Living RoomMain · 10'0 × 10'0
Primary BedroomMain · 10'0 × 10'0
BedroomMain · 10'0 × 10'0

Property Details

MLS NumberR2859161
Property TypeSingle Family Residence
Bedrooms2
Bathrooms1
Square Feet950
Lot Size3,850 sqft
Year Built1940
HeatingNatural Gas
Days on Market962
StatusActive
Listed ByeXp Realty

School Catchment

Elementary Connaught Heights
Middle Fraser River Middle
Secondary New Westminster Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,350,000Median home value
$96,000Median household income
63.6%Owner-occupied
39%Single-detached homes
2.9Avg household size
41.2Median age
34%Bachelor's degree or higher (25-64)
54.4%Commute under 30 min
66.7%Drive to work
41.2%Foreign-born residents
1,761Neighbourhood population

Age

Under 15: 11.1%15 to 64: 72.2%65 and over: 16.8%
  • Under 1511.1%
  • 15 to 6472.2%
  • 65 and over16.8%

Household size

  • 1 person22.8%
  • 228.5%
  • 317.1%
  • 417.1%
  • 5 or more14.6%

Language spoken at home

49.4% English mother tongue

  • Punjabi11.6%
  • Tagalog7.1%
  • English + other5.7%
  • Mandarin4%
  • Cantonese2.8%
  • Hindi1.7%
  • All others17.7%

Mother tongue, share of 1,760 residents.

How this pocket differs

  • notably more 5+ person households than New Westminster 14.6% vs 5.3%
  • notably more 4-person households than New Westminster 17.1% vs 10%
  • notably fewer people living alone than New Westminster 22.8% vs 36.8%
  • notably more Punjabi speakers than New Westminster 11.6% vs 3.6%
  • notably more Tagalog speakers than New Westminster 7.1% vs 4.2%
  • Median dwelling value is higher than Metro Vancouver $1,350,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size8,992 sqft
Lot dimensions60 × 150 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~35,853 sqft
Nearest station22nd Street Station227 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $11,350
Mortgage payment$10,822
Property tax$299
Home insurance$230
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 27

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