817 SANGSTER PLACE, New Westminster
$1,892,000
This 7,101.47 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.
Foreclosure Opportunity | Attention Builders, Investors & Visionary Buyers! A rare and lucrative development opportunity awaits in the highly desirable, family-friendly neighborhood of Victory Heights. Situated on a quiet, tree-lined street, 817 Sangster Place is prime for redevelopment with its RGO-A zoning, which allows for the construction of up to four homes. Whether you are looking to build a high-yield multi-unit project, a corporate portfolio addition, or a multi-generational family estate, this property is a true builder’s dream in a high-demand market. While the value is predominantly in the land, the existing home offers a functional layout with main-floor oak flooring and a detached carport equipped with a 60-amp electric panel—perfect for EV charging or a secure workshop.
How this price compares
This lot asks $266 per square foot of lot. That is 12% above the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 75 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
- 7,101.47 sqft
- Lot dimensions
- 71.63 x 98.88
- Frontage
- 71.63 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1940
- MLS® area
- The Heights NW
- MLS® number
- R3134239
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Listing data via MLS®. Displayed for information only.