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Opportunity to purchase a 1.14 acre development opportunity located in New Westminster’s Victoria Hill master-planned community, a picturesque park-like setting. Zoned for medium density (1.5 FSR) multi-family residential development with limited retail at-grade. Just minutes from the Columbia SkyTrain station, Pattulo Bridge, and Trans Canada Highway, offering excellent access to cities throughout Metro Vancouver. The site also offers potential for views overlooking the Fraser River. 26 East Royal Avenue is currently zoned CD-40 (Comprehensive Development). The intent of this schedule is to allow a site-specific, mixed-use commercial and multi-family residential development with a maximum height of 15.24 metres (50 feet) or 4 storeys and a maximum density of 1.5 FSR. A copy of the CD-40 Zoning Policy is available by request.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.