Seventh Street & Third Avenue

Investment Overview

Avison Young is pleased to present the Seventh Street and Third Avenue Land Assembly, a five-parcel development site totalling 29,280 sf in New Westminster.

The property benefits from holding income from existing residential tenancies and offers significant redevelopment potential in a transit-accessible, amenity-rich location. The parcels are available for purchase collectively or individually, providing flexibility for a range of acquisition strategies.

Investment Highlights

• Development potential supports up to ~3.0 FSR and heights exceeding 8 storeys
• Holding income in-place from residential tenancies
• Located within a Transit-Oriented Development framework
• Excellent vehicular connectivity via Stewardson Way, Royal Avenue, and the new Stal̕əw̓ asəm Bridge to regional employment centres