707 & 707 Queens Ave

Investment Overview

Avison Young is pleased to present 705 & 707 Queens Avenue, a 12,000 sf two-parcel development site in New Westminster. 705 Queens Avenue is improved with a single-family residence generating holding income, while 707 Queens Avenue is offered as vacant land.

Designated TOD Tier 3, the Property supports residential development of up to 8 storeys and 3.0 FSR, offering an attractive transit-oriented redevelopment opportunity.

Investment Highlights

• TOD Tier 3 designation supporting up to 8 storeys and 3.0 FSR
• 12,000 sf site well-suited for a boutique development
• Holding income in place from the existing residential tenancy at 705 Queens Avenue
• Convenient access to New Westminster SkyTrain Station and multiple nearby bus routes
• Strong vehicular connectivity via Stewardson Way, Royal Avenue, and the new Stal’əw̓asəm Bridge