2206 EIGHTH AVENUE, New Westminster
$1,075,000
This 5,995 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.
Great opportunity to build a new home on a wonderful 6000 Sq. Ft. South-west level lot in New Westminster West end. Within a short walk to the 22nd St., Sky Train station. Or, hold this very rentable home until a higher density redevelopment plan is implemented for this neighborhood happens a few years away. Clean and ready to be moved into. Lovely sunny South-west exposure. Two bedroom main floor with an updated functional kitchen and bright family sized eating area. Basement has a third bedroom , Rec-room and what was once a summer kitchen. Nice large deck off kitchen with storage beneath. Enjoy the expansive river views from the rear of this property.
How this price compares
This lot asks $179 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 18 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
- $1,075,000
- Lot size
- 5,995 sqft
- Lot dimensions
- 49.97 x 120
- Frontage
- 49.97 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1940
- MLS® area
- Connaught Heights
- MLS® number
- R3153229
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Listing data via MLS®. Displayed for information only.