730 COLBORNE STREET, New Westminster
$1,479,000
This 6,204 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 730 Colborne Street, a charming character home situated on a 44 x 141 ft lot with rear lane access in one of New Westminster’s most established neighborhoods. Builtin 1947, this well maintained home offers approx. 2,156 SF over 2 levels, featuring 4 beds and 2.5 baths. The bright main floor offers comfortable living space with plenty of natural light. Downstairs features an additional 1,078 sq.ft. including a kitchen providing flexibility for extended family living or ptional versatility and future opportunities. The current owner has already obtained approval and a building permit for a laneway house. Conveniently located close to schools, parks, shopping, transit. A rare opportunity to own a home with income potential and future development opportunities.
How this price compares
This lot asks $238 per square foot of lot. That is about the same as the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 56 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
- $1,479,000
- Lot size
- 6,204 sqft
- Lot dimensions
- 44 x 141
- Frontage
- 44 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1947
- MLS® area
- GlenBrooke North
- MLS® number
- R3132637
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Listing data via MLS®. Displayed for information only.