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521 GARFIELD STREET, New Westminster

$1,209,900

This 6,562.97 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.

Welcome to this charming home in The Heights of New Westminster on a 6,500+ sq ft lot in a family friendly neighbourhood. Functional layout with renovated basement, ideal for families, first time buyers, or investors. Enjoy a spacious backyard with lane access, plenty of parking, and room for future potential. Steps to Hume Park, schools, shopping, and amenities with easy commuter access. Potential to build upward as seen in the area, with future infill housing changes that may allow multi unit options.

How this price compares

This lot asks $184 per square foot of lot. That is 23% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 22 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
$1,209,900
Lot size
6,562.97 sqft
Lot dimensions
54.99 x 131
Frontage
54.99 ft
Bedrooms
4
Bathrooms
1
Year built
1937
MLS® area
The Heights NW
MLS® number
R3108701

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Listing data via MLS®. Displayed for information only.