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309 BOYNE STREET, New Westminster

$1,230,000

This 6,500 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.

Discover this versatile 5-bedroom, 2-bath home on a flat 50' x 130' (6,500 sqft) lot. Perfect for families or investors, the layout features 2 bedrooms on the main, 2 upstairs, and a 1-bed/1-bath basement. The massive backyard is a summer oasis with lush gardens and mature fruit trees. Nestled on a quiet street near Walmart, Costco and transit, you're surrounded by new million-dollar homes. Live in, rent, or build a new home. With massive development potential and rezoning growth, this is a rare chance to hold or build in a booming area.

How this price compares

This lot asks $189 per square foot of lot. That is 21% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 23 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
$1,230,000
Lot size
6,500 sqft
Lot dimensions
50 x 130
Frontage
50 ft
Bedrooms
5
Bathrooms
2
Year built
1921
MLS® area
Queensborough
MLS® number
R3108601

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Listing data via MLS®. Displayed for information only.