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107 SEVENTH AVENUE, New Westminster

$1,250,000

This 7,025 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.

Welcome to 107 7th Avenue, New Westminster, a charming 1945 character home proudly owned by only 2 families. Situated on a generous 50 x 140 lot in a beautiful and sought after location, this property offers both warmth and long term value. Featuring under 2,500 sq ft of living space, the home offers 4 bedrooms and 2 bathrooms with a bright, functional layout throughout. Enjoy timeless details, abundant natural light, and a welcoming atmosphere. The durable aluminum roof adds lasting peace of mind, while the basement suite provides excellent potential for additional income or extended family living. Conveniently located near parks, schools, shopping, and transit. A rare opportunity to own a well cared for home on an exceptional lot in one of New Westminster’s most desirable neighbourhoods.

How this price compares

This lot asks $178 per square foot of lot. That is 25% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 17 of 111 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,250,000
Lot size
7,025 sqft
Lot dimensions
50 x 140.50
Frontage
50 ft
Bedrooms
5
Bathrooms
2
Year built
1944
MLS® area
GlenBrooke North
MLS® number
R3152348

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Listing data via MLS®. Displayed for information only.