319 GOVERNORS COURT

319 GOVERNORS COURT · New Westminster, Fraserview · Retail · $4,500,000 · MLS 29380585

New Westminster, British Columbia · Neighbourhood: Fraserview

C$4,500,000

For sale

319 GOVERNORS COURT is located in New Westminster (Fraserview). Property snapshot: Retail, listed at $4,500,000, MLS 29380585. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 94. Catchment schools include Skwo:wech Element

List Price: $4,500,000

MLS: 29380585

Days on Site: 94

Catchment Schools: Catchment schools include Skwo:wech Elementary, Ecole Glenbrook Middle School

Local Decision Guide

How should buyers evaluate 319 GOVERNORS COURT?

Start by reading this listing in its New Westminster Fraserview context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 319 GOVERNORS COURT?

This page shows a list price of $4,500,000 with MLS 29380585.

What type of home is this New Westminster, Fraserview listing?

The page shows Retail at 319 GOVERNORS COURT. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 94 days on market/site.

Which catchment schools are associated with 319 GOVERNORS COURT?

Catchment schools include Skwo:wech Elementary, Ecole Glenbrook Middle School. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this Â±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and residential above. Currently generating solid holding income with an upper-level tenant in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:56153)