1923 Marine Way, New Westminster

1923 Marine Way, New Westminster, BC V3M2E4 Photo 1

3 Photos

1923 Marine Way, New Westminster, BC V3M2E4 Photo 2
1923 Marine Way, New Westminster, BC V3M2E4 Photo 3
  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1764 square feet
  • MLS®: r2828960
  • Type: Residential
  • Added: 185 days ago

Property Details

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1927 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City´s affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment. (id:1945)

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Property Information

  • Heating: Forced air, Natural gas
  • Tax Year: 2022
  • Basement: Full, Unknown, Unknown
  • Year Built: 1950
  • Living Area: 1764
  • Photos Count: 3
  • Lot Size Units: square feet
  • Parcel Number: 000-574-589
  • Bedrooms Total: 4
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Garage
  • Tax Annual Amount: 3956
  • Lot Size Dimensions: 10447.5
  • Architectural Style: Bungalow
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Nearby Places

Name Type Address Distance
22nd Street station (TransLink) The station opened in 1985 as part of the original... 0.4 km
Queensborough Bridge The bridge spans the north arm of the Fraser River... 0.5 km
Poplar Island (British Columbia) It is the last large undiked island in the Fraser ... 0.8 km
Byrne Creek Secondary School 10 Ave 1.0 km
Edmonds station (TransLink) It was built in 1985 as part of the original Expo ... 1.7 km
Derwent Way Bridge It was replaced in 1986 by the "Annacis Island Swi... 1.8 km
Boston Pizza Restaurant 1045 Columbia St 1.9 km
New Westminster Secondary School Enrollment of students is open to those within gra... 2.0 km
New Westminster Secondary School School 835 8th St 2.0 km
Queensborough, British Columbia It is on the eastern tip of Lulu Island on the Fra... 2.1 km
Douglas College School 700 Royal Ave 2.2 km
New Westminster station New Westminster is a station located at Columbia S... 2.3 km
Similar Houses Stat in New Westminster
We have found 6 Houses that closely match the specifications of the property located at 1923 Marine Way with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,300,000 and 4,088,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V3M2E4 postal code area of New Westminster British Columbia Canada.
1923 Marine Way mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1923 Marine Way. The current price of the property is $3,395,968, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,716,774. This would result in a monthly mortgage payment of $15,880 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 35
Bachelor's degree 100
University / Above bachelor level 15
University / Below bachelor level 10
Certificate of Qualification 20
College 40
University degree at bachelor level or above 145

Neighbourhood Marital Status Stat

Married 260
Widowed 15
Divorced 20
Separated 10
Never married 145
Living common law 45
Married or living common law 305
Not married and not living common law 185

Neighbourhood Construction Date

1961 to 1980 10
1981 to 1990 20
2001 to 2005 10
2006 to 2010 10
1960 or before 160
Comparison of 1923 Marine Way, New Westminster, BC with Nearby Houses
Nearby Cities Listings Avg. price
Vancouver Real Estate 2801 $2.107.637
Coquitlam Real Estate 518 $1.679.206
Burnaby Real Estate 824 $1.403.230
Port Moody Real Estate 112 $1.681.844
Delta Real Estate 260 $1.765.067
Port Coquitlam Real Estate 174 $1.352.769
North Vancouver Real Estate 484 $1.765.518
Surrey Real Estate 2555 $1.599.403
Popular Cities Listings Avg. price
West Vancouver Real Estate 338 $4.515.840
Richmond Real Estate 748 $1.635.992
Langley Real Estate 1015 $1.823.276
Abbotsford Real Estate 710 $1.401.470
Maple Ridge Real Estate 660 $1.453.770
Chilliwack Real Estate 564 $1.064.600
Nanaimo Real Estate 686 $896.426
Langford Real Estate 377 $1.004.653
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