Developer & Investor Alert – Transit-Oriented Development Opportunity! Rare 8,370 sq ft lot located next to 22nd Street SkyTrain Station in rapidly evolving New Westminster. Solid home offers holding income while you plan redevelopment. Under Bill 47 – Transit-Oriented Areas, this property falls within the high-density zone allowing minimum 20 storeys and up to 5 FSR (buyer to verify with City). Exceptional location steps to rapid transit, making it highly attractive for future high-rise residential development. Ideal opportunity for developers, investors, and land assembly prospects. Access by appointment only. Buyers must verify zoning, OCP, density and redevelopment potential with the City of New West
Data was last updated October 27, 2026 at 01:40 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,899,000
Min list price:
$959,000
Max list price:
$5,000,000
Avg days on market:
152
Min days on market:
20
Max days on market:
959
Avg price per sq.ft.:
$1,160.61
These statistics are generated based on the current listing's property type
and located in
Connaught Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.