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807 SANGSTER PLACE, New Westminster

$1,892,000

This 7,332.41 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 Land Assembly Opportunity! An exceptional opportunity to acquire a strategic land assembly poised for redevelopment. Currently zoned RGO-A, this offering provides significant scale and an efficient footprint ideal for developers looking to maximize yield. Positioned on a quiet, accessible street with excellent frontage, this site offers the perfect balance of residential appeal and urban convenience. The contiguous parcels offer favorable topography to streamline construction, while existing structures provide holding income potential during the planning phases. Located minutes from everyday amenities, green spaces, and commuter routes.

How this price compares

This lot asks $258 per square foot of lot. That is 8% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 71 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
$1,892,000
Lot size
7,332.41 sqft
Lot dimensions
74.32 x 98.66
Frontage
74.32 ft
Bedrooms
4
Bathrooms
2
Year built
1940
MLS® area
The Heights NW
MLS® number
R3146261

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Listing data via MLS®. Displayed for information only.