524 SECOND STREET, New Westminster
$1,699,800
This 5,104 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.
Room to grow, income to help. This 5-bedroom Queen's Park home offers the flexibility today's buyers are looking for, complete with a self-contained basement suite with separate laundry—ideal for rental income, extended family, or guests. Set on a 44 x 116 ft lot on one of the neighbourhood's most desirable tree-lined streets, this 2,228 sq ft home blends timeless character with thoughtful updates, including a high-efficiency furnace, on-demand hot water, and a 200-amp electrical panel. The private, hedge-lined backyard is perfect for entertaining or relaxing, while the unbeatable location puts Queen's Park, schools, shops, transit, and community amenities just a short walk away. Call today for your private showing.
How this price compares
This lot asks $333 per square foot of lot. That is 40% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 101 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
- $1,699,800
- Lot size
- 5,104 sqft
- Lot dimensions
- 44 x 116
- Frontage
- 44 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1937
- MLS® area
- Queens Park
- MLS® number
- R3135346
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Listing data via MLS®. Displayed for information only.