438 FOURTH STREET, New Westminster
$2,100,000
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.
First time on the market in over 50 years, this charming family home sits on one of the largest lots in New Westminster’s sought-after Queen’s Park neighbourhood. Offering over 2,800 sqft across three levels, this well-maintained home features a bright living room with gas fireplace, tray ceiling, and hardwood floors, a formal dining room with built-ins, and an updated kitchen with island, granite counters, and stainless appliances. With 4 bedrooms and 1 full plus 2 half baths, the layout is ideal for families. The lower level includes a rec room, flex space, storage, and second laundry. Set on a 10,500 sqft park-like lot, this is a rare opportunity in a prime location. and your chance to own a generational property.
How this price compares
This lot asks $200 per square foot of lot. That is 16% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 32 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
- $2,100,000
- 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
- R3139903
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Listing data via MLS®. Displayed for information only.