1728 SEVENTH AVENUE, New Westminster
$1,690,000
This 6,138 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.
Exceptional 6,100+ sqft CORNER LOT with LANE ACCESS in high-demand New Westminster. Strategically positioned for the future: explore massive upside under BC’s new SSMU legislation for multi-unit development (3-4 units) or build a lucrative Laneway House. A rare south-facing backyard provides premium sun exposure for future builds. [WELL-MAINTAINED WITH MORTGAGE HELPER] Move in, hold, or build! This bright, functional home features a main-level bedroom with full bath and a massive sundeck with spectacular views. Upper level offers 3 beds + wet bar. BONUS: A fully upgraded 1-bedroom suite (2024) below serves as a perfect mortgage helper. Critical updates include Furnace & Hot Water Tank (2020). [LOCATION EXCELLENCE] Minutes to 22nd St Skytrain, City Centre, parks, and schools. Rapid transi
How this price compares
This lot asks $275 per square foot of lot. That is 15% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 83 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
- $1,690,000
- Lot size
- 6,138 sqft
- Lot dimensions
- 49.5 x 124
- Frontage
- 49.5 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1931
- MLS® area
- West End NW
- MLS® number
- R3106284
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Listing data via MLS®. Displayed for information only.