2119 Marine Way, New Westminster, BC | MLS® R2859139 Property Details

35.5% price reduce

Developer & Investor Alerts - Land Assembly – An incredible opportunity awaits you in New Westminster! Transit-Oriented investment opportunity in a prime location adjacent to 22nd street skytrain Station. Recently announced, Bill 47 (Transit-Oriented Areas) will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5 FSR. This prime location presents a collection of 32 houses and can be sold on small group of homes. List price is per house. Situated just steps away from the Skytrain station, this property offers unparalleled convenience for future residents. Permission required to walk on property. Buyer to verify the OCP and City of New Westminster for zoning and all inquiries.

General Info

Price $4,500,000

Total Bedrooms 4

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 2400

Lot Size 19384

Lot Size Depth Feet

Lot Size Frontage 84

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1960

Age Of Building 65

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R2859139

Area New Westminster

Neighbourhood Connaught Heights

City New Westminster

Gross Taxes $4,562.39

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access

Total Parking Spaces 3

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Strata Restrictions -

Rental Restrictions -

Zoning RS1

Rental Suites -

# of Kitchens 2

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'0 x 14'0 ft
Main Level	Dining Room	11'0 x 11'0 ft
Main Level	Kitchen	10'0 x 10'0 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Primary Bedroom	10'0 x 10'0 ft
Main Level	Eating Area	10'0 x 10'0 ft
Basement Level	Living Room	21'0 x 21'0 ft
Basement Level	Kitchen	20'0 x 20'0 ft
Basement Level	Bedroom	10'0 x 10'0 ft
Basement Level	Bedroom	12'1 x 12'1 ft

Listed by: eXp Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary

Connaught Heights Elementary School

Above Average

0.6 km

Rating 7.1/10

Middle

Fraser River Middle School

2.38 km

No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

Our Lady of Mercy School

1.92 km

Rating 10/10

Secondary

St.Thomas More Collegiate

1.9 km

No Rating

Closest Transit

Translink

22nd Street Station @ Bay 4

0.04 km

Welcome to 2119 Marine Way, a serene oasis in the heart of New Westminster, BC

As we step into this charming community, you'll discover a haven that boasts an exceptional quality of life, perfect for families, professionals, and anyone seeking a balanced lifestyle. Let's explore the highlights of this enchanting neighborhood, nestled along the scenic shores of the Fraser River.

Excellent Education Options

Our community is fortunate to be served by the esteemed Connaught Heights Elementary School, a reputable institution that has earned a rating of 7.1/10. This school is conveniently located just 0.6 km from our property, making it an ideal choice for families with young children. Additionally, Our Lady of Mercy School, an independent elementary school, is just a short 1.92 km away and boasts a rating of 10/10. St. Thomas More Collegiate, a secondary independent school, is also nearby, with a rating of no available data, located 1.9 km from our home.

Safety and Security

The latest crime data from Statistics Canada reveal a relatively low crime rate in our neighborhood, with 5,584 reported incidents in 2020. Compared to other Canadian cities, our area has an average crime rate, which is reassuring for families and individuals alike. Specifically, the drug crime rate is below average, with an illegal substances offenses rating of 134.4. There were 111 reported incidents in 2020, representing a 5.34% decrease in the ranking year-over-year.

Property Crimes

Property crimes in our neighborhood are average, with a rating of 3,807.97. There were 3,145 reported incidents in 2020, representing an 11.79% decrease in the ranking year-over-year. The violent crime rate is also average, with 1,143 reported incidents in 2020, representing a 5.91% decrease in the ranking year-over-year.

Convenient Transit Options

Residents of 2119 Marine Way enjoy easy access to public transportation, with the 22nd Street Station @ Bay 4 just 0.04 km away. This makes commuting to work, school, or other destinations a breeze.

Demographics and Lifestyle

Our community is a diverse and vibrant neighborhood, with a mix of young families, professionals, and long-time residents. According to the latest data, 21.1% of residents hold a university certificate or degree, which is average compared to other BC neighborhoods. Additionally, 17.6% of residents have no certificate or degree, which is also average.

Economic Indicators

The median household income in our neighborhood is $81,152, which is above average compared to other BC neighborhoods. The median personal income is $31,424, which is below average. However, 63.2% of households in our area have a mortgage, which is above average.

Unemployment Rate

The unemployment rate in our area is 7%, which is below average compared to other BC neighborhoods.

Population Growth and Density

Our community has experienced a population change of -3.6% between 2011 and 2016, which is low compared to average growth rates in the region. However, the population density per square kilometer is 2,418.2, which is above average.

Family Dynamics

The average size of families in our area is 3, which is above average. Additionally, 69.6% of families in our neighborhood have children, which is high. However, 52.1% of residents are married or living common law, which is below average.

Age and Income

The average age of residents in our area is 40.5, which is average compared to other BC cities.

Real Estate Market

The average value of dwellings in our neighborhood is $1,104,717, which is high compared to other areas in British Columbia. Additionally, the average owner payments are high, with owners spending $1,819 on average for their dwellings. Tenants are also paying above average, with an average of $1,110 per month.

Language and Transportation

The majority of residents in our area speak English, with 90.6% of residents speaking only English. Only 3.4% of residents speak neither English nor French.

Transportation Options

Residents of 2119 Marine Way have a range of transportation options, with 34.4% of residents using public transportation, 62% using cars, 1.2% using bicycles, and 2.5% walking.

In conclusion, 2119 Marine Way is a wonderful community that offers an exceptional quality of life, excellent education options, and a range of lifestyle amenities. Whether you're a family, professional, or individual, this charming neighborhood is sure to meet your needs and exceed your expectations.

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