341 ALBERTA STREET, New Westminster
$999,000
This 5,261 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.
BUILDERS ,INVESTORS or First time Buyers Alert! Great opportunity 5,261 sqft lot with lane access and river views. This property features a 2 bedroom, spacious living room. Kitchen with eating area plus finished room in attic. Single car port off lane and offers excellent potential for redevelopment or investment. Conveniently located close to shopping, Sky Train, transit, parks and Royal Columbian Hospital
How this price compares
This lot asks $190 per square foot of lot. That is 20% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 24 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
- $999,000
- Lot size
- 5,261 sqft
- Lot dimensions
- 39.8 x 132.19
- Frontage
- 39.8 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1938
- MLS® area
- Sapperton
- MLS® number
- R3111337
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.