• Sold
SOLD: High Density Residential Development Site
SOLD: High Density Residential Development Site
SOLD: High Density Residential Development Site
SOLD: High Density Residential Development Site

For Sale

$20,800,000 CAD

Opportunity to purchase a 2.5-acre high-density development site located on Martin Street between Thrift Avenue and 16th Avenue in White Rock’s Town Centre area. Just one block from Semiahmoo Shopping Centre, four blocks to White Rock Beach, and close proximity to several schools. It has 402.8 feet of frontage on both Martin Street (west) and Foster Street (east) with 266 ft site depth.

There is potential to achieve residential development density of up to 3.0 FSR (Approximately 320,000 SF of buildable area). The White Rock Town Centre Plan (the “WRTCP”) was approved by City of White Rock in June 2011 and designates the subject property for residential development up to 2.8 FSR with the potential for additional bonus density. The WRTCP is merely a guidance and greater density may be supported.

The property is currently improved with a single-family house on the southwest corner of the site; otherwise vacant.

Property Details

Area Size
Land 106,994 SF
  • 09-30-2015
  • SOLD