309 JOHNSTON STREET, New Westminster
$980,000
This 6,198 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.
Best value detached home in New West. Set on a 6,198 sq ft lot with duplex potential (verify with City), this 958 sq ft rancher offers 2 beds, renovated bath, fresh paint, and roof replaced in 2020. The real story is the land — parking for up to 8 vehicles plus RV parking, a rarity in the Lower Mainland. Room to extend and add beds/baths, subject to City approval. Unbeatable location: walk to transit and schools, minutes to Gurdwara, Costco Business Centre, Queensborough and major routes to Vancouver, Surrey and Burnaby. Live in it, rent it, extend it, or build your duplex. Priced to sell — opportunities like this don’t sit long. Buyer to confirm all measurements, zoning and development potential with the City of New Westminster.
How this price compares
This lot asks $158 per square foot of lot. That is 34% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 7 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
- $980,000
- Lot size
- 6,198 sqft
- Lot dimensions
- 66 x 93.9
- Frontage
- 66 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1952
- MLS® area
- Queensborough
- MLS® number
- R3150176
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Listing data via MLS®. Displayed for information only.