- For Sale $2,000,000
- Property Type Other
- Property Size 8,705 SF
- Date Updated May 15, 2026
Description
Avison Young is pleased to present an exceptional downtown New Westminster development opportunity at 325 Agnes Street (“the Property”). The 8,705 square foot mid-block parcel sits within New Westminster’s Transit-Oriented Development (TOD) framework.
With the existing structure demolished, the Property offers a straightforward path to redevelopment without the complexities of tenant displacement or site clearance. Its downtown location, steps from Columbia SkyTrain Station, retail amenities, and key civic anchors, makes it an attractive candidate for purpose-built rental development. Developers seeking additional scale may also find merit in pursuing site assembly, given the Property’s mid-block positioning and the significant density potential unlocked under future TOD policy.
Highlights
- 8,705 sf site delivered as vacant land, offering a clean path to redevelopment
- Existing RM-2 zoning alternatively supports townhome or multiplex development
- Steps from Columbia SkyTrain Station, serving both the Expo and Millennium Lines
- Strong vehicular connectivity via Royal Avenue, Tenth Street, and the Pattullo (Stalw asm) Bridge
- TOD Tier 2 designation supporting up to 12 storeys and 4.0 FSR, with long-term upside under future TOD policy
- Well-suited for mid-rise purpose-built rental, with site assembly potential
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Contacts
Avison Young - Vancouver
Avison Young