Be the first to take advantage of the new West End Community Plan!

1546 Nelson Street is an ideally located 6-unit apartment building that offers a stable and secure return for an investor or an owner-occupier. The rear portion of the property is now permitted for additional laneway residential space as part of the laneway housing policies in the forthcoming West End Community Plan. The asking price is $2,050,000.

Brochure: 1546 Nelson Brochure

Contact me for further info: david.taylor@colliers.com

Changes made by the developer to Plaza 88’s proposed fourth tower have done little to appease New Westminster council.

The Degelder Group wants to build a 40-storey highrise with 500 rental units—235 studios and 265 one bedrooms ranging from 312 to 570 square feet—at 900 Carnarvon St. The structure would also include six floors of above-ground parking.

“When I saw this I was really upset. I can understand why when Plaza 88 was originally developed and built there were seven floors of above-ground parking, but at the same token I don’t think that is needed here. They’re also asking for 40 floors which is huge,” said Coun. Bill Harper, who also slammed the small size of the units, at the Nov. 4 council meeting.

“The whole thing is problematic for me. I can’t see myself supporting this. Just because they say they can sell those units today doesn’t mean they’re going to be what we want 10 to 15 years from now. I have real problems with this whole process.”

Read more: http://www.newwestnewsleader.com/news/231616591.html