341 BUCHANAN AVENUE, New Westminster
$989,900
This 3,445 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.
Excellent land value in a highly desirable, established residential neighbourhood. Situated on a great street surrounded by homes and mature landscaping, this property offers an ideal opportunity to hold and rent while planning your future dream home. The existing residence provides 4 bedrooms across the main and upper levels, plus a 3-bedroom mortgage suite, offering strong rental flexibility and income potential in the meantime. Enjoy a fully fenced backyard and a convenient location close to Sapperton SkyTrain, Royal Columbian Hospital, Sapperton and Hume Parks, schools, shopping and transit, with easy access to Hwy 1. Walking distance to Skwo Elementary. A great opportunity to secure land in a well-connected residential community and build for the future.
How this price compares
This lot asks $287 per square foot of lot. That is 22% above the median of $235 across the 103 active lots VanPlex is showing in New Westminster, and puts it 79 of 103 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
- $989,900
- Lot size
- 3,445 sqft
- Lot dimensions
- 104 x
- Frontage
- 104 ft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1939
- Zoning
- RS-1
- MLS® area
- Sapperton
- MLS® number
- R3171570
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Listing data via MLS®. Displayed for information only. Zoning RS-1 stamped from the city record on 2026-10-02.