FOR SALE

Property Overview

  • Address 325 Agnes Street, New Westminster, BC
  • PID 008-376-956
  • Site Area (Total) 8,705 sf
  • Zoning RM-2: Multiple Dwelling Districts (Low Rise)
  • Land Use Designation TOD Tier 2: Up to 12 storeys / 4.0 FSR
  • Pricing Guidance $2,000,000

Opportunity

Avison Young is pleased to present an exceptional downtown New Westminster development opportunity at 325 Agnes Street (“the Property”). The 8,705 square foot mid-block parcel sits within New Westminster’s Transit-Oriented Development (TOD) framework.

With the existing structure demolished, the Property offers a straightforward path to redevelopment without the complexities of tenant displacement or site clearance. Its downtown location, steps from Columbia SkyTrain Station, retail amenities, and key civic anchors, makes it an attractive candidate for purpose-built rental development. Developers seeking additional scale may also find merit in pursuing site assembly, given the Property’s mid-block positioning and the significant density potential unlocked under future TOD policy.

Investment Highlights

TOD Tier 2 designation supporting up to 12 storeys and 4.0 FSR, with long-term upside under future TOD policy

8,705 sf site delivered as vacant land, offering a clean path to redevelopment

Well-suited for mid-rise purpose-built rental, with site assembly potential
Existing RM-2 zoning alternatively supports townhome or multiplex development

Steps from Columbia SkyTrain Station, serving both the Expo and Millennium Lines

Strong vehicular connectivity via Royal Avenue, Tenth Street, and the Pattullo (Stal̕əw̓ asəm) Bridge

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Brochure

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