730 CUMBERLAND STREET, New Westminster
$1,199,000
This 5,516 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.
Prime opportunity in The Heights. Large 55.16 ft x 100 ft corner lot with rear lane access in one of New Westminster’s most desirable neighbourhoods. Ideal for end users, investors, or builders looking for strong long term value and redevelopment potential. The property features a solid 5 bedroom plus den, 3 bathroom home with approximately 2,500 sq ft of finished space. Main level offers three spacious bedrooms including a primary with ensuite, functional kitchen, and bright solarium opening to a sunny west facing deck. Lower level includes a large recreation room, den, laundry, and a two bedroom suite with separate entrance, providing excellent holding income or multi generational living options. Photos are virtually staged **OPEN HOUSE SAT. AUGUST 15| 2-4PM**
How this price compares
This lot asks $217 per square foot of lot. That is 9% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 42 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
- $1,199,000
- Lot size
- 5,516 sqft
- Lot dimensions
- 55.16 x 100
- Frontage
- 55.16 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1966
- MLS® area
- The Heights NW
- MLS® number
- R3152462
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Listing data via MLS®. Displayed for information only.