Contacts

Michael Buchan

Avison Young - Vancouver

Carey Buntain

Avison Young

Property Details

Property Type Other
Property Size 12,000 SF
Date Updated May 14, 2026

Avison Young is pleased to bring to market 705 & 707 Queens Avenue, a well-positioned development site in New Westminster. The site comprises two single-family residential properties totalling 12,000 square feet, currently generating holding income from existing residential tenancies. Designated within New Westminster’s Transit-Oriented Development (TOD) framework at Tier 3, the property supports residential development of up to 8 storeys and 3.0 FSR, offering a compelling opportunity to capitalize on transit‑oriented growth in a well‑established neighbourhood.

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Highlights

12,000 SF site well-suited for a boutique 6-storey wood-frame rental development
Convenient access to New Westminster SkyTrain Station and multiple nearby bus routes
Holding income in-place from existing residential tenancies
OCP designation supports a broad range of infill housing forms
Strong vehicular connectivity via Stewardson Way, Royal Avenue, and the new Pattullo (Stalwasm) Bridge
TOD Tier 3 designation supporting up to 8 storeys and 3.0 FSR