- For Sale $3,000,000
- Property Type Other
- Property Size 12,000 SF
- Date Updated May 15, 2026
Description
Avison Young is pleased to bring to market 705 & 707 Queens Avenue, a well-positioned development site in New Westminster. The site comprises two single-family residential properties totalling 12,000 square feet, currently generating holding income from existing residential tenancies. Designated within New Westminster’s Transit-Oriented Development (TOD) framework at Tier 3, the property supports residential development of up to 8 storeys and 3.0 FSR, offering a compelling opportunity to capitalize on transit‑oriented growth in a well‑established neighbourhood.
Highlights
- 12,000 SF site well-suited for a boutique 6-storey wood-frame rental development
- Convenient access to New Westminster SkyTrain Station and multiple nearby bus routes
- Holding income in-place from existing residential tenancies
- OCP designation supports a broad range of infill housing forms
- Strong vehicular connectivity via Stewardson Way, Royal Avenue, and the new Pattullo (Stalwasm) Bridge
- TOD Tier 3 designation supporting up to 8 storeys and 3.0 FSR
False
Contacts
Michael Buchan
Avison Young - Vancouver
Carey Buntain
Avison Young
Location
Contact 705 & 707 Queens Avenue
