2005 Marine Way, New Westminster BC - Single Family Residence for Sale - MLS# R3074144

$5,000,000
Est. Mortgage $22,120/mo
3 Beds
1 Baths
2577 sqft
1940 $ /sqft
1910 built
$5,000,000
Est. $22,120/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 2005 Marine Way

Developer & Investor Alert, Land Assembly! Exceptional Transit-Oriented Development opportunity in New Westminster, steps from 22nd Street SkyTrain Station. Under Bill 47 (Transit-Oriented Areas), these properties are designated for high-density development with a minimum 20-storey tower and minimum 5.0 FSR.This offering includes 2 adjoining lots (2005 and 2013 Marine Drive) totalling 21,682 sq. ft. of land. Considered the best corner site in the area at 20th Street and Marine Way. A rare chance to secure a premier development location in a rapidly growing corridor. Permission required to walk the property. Buyer to verify all zoning, OCP, and development details with the City of New Westminster.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Heating Type Natural Gas
# of Kitchens 2
Foundation Other

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $5,000,000
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 2577
Year Built 1910
Age Of Building 115
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single, Open, Front Access

Lot & Land

Lot Size 16382
Lot Size Depth Feet
Lot Size Frontage 71
MLS® # R3074144
Area New Westminster
Neighbourhood Connaught Heights
City New Westminster
Postal Code V3M 2H2
Gross Taxes $6,804.16
Zoning NR-1

Property Timeline

Status Date Price
R3074144 / Active 12-15-2025 $5,000,000
Rooms
Floor Type Dimensions
Main Level Foyer 9'7 x 9'7 ft
Main Level Family Room 13'11 x 13'11 ft
Main Level Kitchen 13'10 x 13'10 ft
Main Level Bedroom 12'8 x 12'8 ft
Main Level Eating Area 12'9 x 12'9 ft
Main Level Kitchen 17'10 x 17'10 ft
Main Level Dining Room 15'4 x 15'4 ft
Main Level Living Room 12'9 x 12'9 ft
Above Level Bedroom 11'7 x 11'7 ft
Above Level Walk-In Closet 7'6 x 7'6 ft
Above Level Bedroom 15'7 x 15'7 ft
Below Steam Room 13'9 x 13'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

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.

Map & Neighbourhood

Public Schools

Elementary
Connaught Heights Elementary School
Above Average
0.75 km
7.1/10
Middle
Fraser River Middle School
2.15 km

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
Above Average
1.76 km
10/10
Secondary
St.Thomas More Collegiate
1.75 km

Closest Transit

Bus Stop
Westbound Marine Way @ 20 St
0.05 km
Skytrain
Skytrain @ 22Nd St Stn
0.22 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
21.1%
No Certificate/Degree
Above Average
17.6%
Owner Occupied
Average
63.2%
Employment Rate
Above Average
69.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2005 Marine Way

Mortgage Calculator for 2005 Marine Way

/month
Principal & Interest
Property Taxes $567
Maintenance fee 0
Financing 80% of the $5,000,000 asking price over 30 years at 4% results in approximately $19,664/month in total estimated carrying costs, $567 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $13,045/month in rental income, leaving a -$6,952/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Connaught Heights, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $5,000,000
New Westminster Loading...
Connaught Heights Loading...

No active comparable properties are currently available for this property type in New Westminster. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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