415 EWEN AVENUE, New Westminster, BC

Land Assembly Opportunity up to 1.0 Acres and possibly more. 5 contiguous lots on Ewen Avenue with frontage on Stanley Street and Derwent Way. The Official Community Plan calls for (RM) Residential – Multiple Unit Buildings. Allows for Townhouses, row houses, stacked townhouses, and low rise apartment buildings. There are low rise apartment buildings in the area with underground and above ground parking. Also 250 townhouse development now underway across the street. End Unit pricing in the area is close to $800+ per square foot for low rise apartment, or townhouse product.