1309 EDINBURGH STREET, New Westminster
$1,470,000
This 7,260 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.
INVESTOR/BUILDER ALERT! A rare opportunity in a well-established New Westminster neighbourhood, this premium 66' x 110' (7,260 sq. ft.) lot offers exceptional potential for a custom rebuild in a mature, highly regarded community. The existing 2,324 sq. ft. bungalow with basement features 3 bedrooms and 2 bathrooms, with true value in the land, scale, and long-term redevelopment upside. Ideally located close to parks, shopping, transit, New Westminster Secondary, Fraser River Middle, and École Lord Tweedsmuir. A rare chance to secure a standout lot in a sought-after neighbourhood.
How this price compares
This lot asks $202 per square foot of lot. That is 15% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 34 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
- $1,470,000
- Lot size
- 7,260 sqft
- Lot dimensions
- 66 x 110
- Frontage
- 66 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1954
- MLS® area
- West End NW
- MLS® number
- R3151492
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Listing data via MLS®. Displayed for information only.