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131 RICKMAN PLACE, New Westminster

$1,688,800

This 6,512 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.

Rare 8-bedroom opportunity in prestigious Massey Heights! This solid and beautifully updated 2-level bungalow sits on the high side of a quiet street and offers excellent flexibility for families or investors. The main floor features 4 spacious bedrooms, updated windows, and a brand-new kitchen with modern cabinetry, huge granite countertops, and quality appliances. The fully renovated lower level offers a self-contained 4-bedroom suite with its own new kitchen, updated bathrooms, new hardwood flooring, new tankless hot water and a new high-efficiency furnace and heat pump-ideal as a strong mortgage helper or space for extended family. Air-conditioned for year-round comfort. Conveniently located near Douglas College, shopping, schools, and parks. Easy to show.

How this price compares

This lot asks $259 per square foot of lot. That is 9% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 73 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
$1,688,800
Lot size
6,512 sqft
Lot dimensions
59.2 x 110
Frontage
59.2 ft
Bedrooms
8
Bathrooms
5
Year built
1963
MLS® area
The Heights NW
MLS® number
R3134115

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Listing data via MLS®. Displayed for information only.