438 FOURTH STREET, New Westminster
$1,995,000
This 10,500 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.
ONCE-IN-A-GENERATION QUEEN’S PARK OPPORTUNITY. First time offered in more than 50 years, this much-loved family home sits on an extraordinary 10,500 sq ft park-like lot in one of New Westminster’s most coveted neighbourhoods. Offering 2,800+ sq ft across three levels, the home is filled w/ warmth and character, featuring hardwood floors, a bright living room w/ gas fireplace and tray ceiling, formal dining room w/ built-ins, and an updated kitchen w/ island, granite counters and stainless appliances. With 4 bedrooms, 1 full + 2 half baths, a spacious lower level w/ rec room, flex space, storage and second laundry, there is room to live, grow and make it your own. Homes can be changed. Lots like this, in locations like this, cannot.
How this price compares
This lot asks $190 per square foot of lot. That is 19% below the median of $235 across the 103 active lots VanPlex is showing in New Westminster, and puts it 25 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
- $1,995,000
- Lot size
- 10,500 sqft
- Lot dimensions
- 75 x 140
- Frontage
- 75 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1938
- MLS® area
- Queens Park
- MLS® number
- R3171460
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Listing data via MLS®. Displayed for information only.