320 HOLMES STREET, New Westminster
$1,280,000
This 8,184 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 Invest Opportunity! Located in sought after "Heights" area of New Westminster. This 66 x 124 DUPLEX lot (confirm with the planning dept. at the City of New Westminster)is a money maker now or in the future on a new duplex build. TWO FULLY SELF-SUFFICIENT SUITES IN THIS UPDATED HOME. (Roof, windows, paint, flooring, siding) Two sets of washer, dryer, big flat lane accessed lot, great for kids, pets and gardeners. Short walk to popular Hume Park and minutes to Skytrain, Lougheed Shopping, RCH, Schools, Hwy #1, 15mins to metrotown& coquitlam center, 20 mins to richmond.No wasted space here. Hurry on this one.
How this price compares
This lot asks $156 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 5 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
- $1,280,000
- Lot size
- 8,184 sqft
- Lot dimensions
- 66 x 124
- Frontage
- 66 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1953
- MLS® area
- The Heights NW
- MLS® number
- R3075366
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Listing data via MLS®. Displayed for information only.