House
4 Bedrooms
1 Bathroom
Size: 1,470 sqft
Built in 1901
$1,700,000
About this Property in New Westminster
Prime investment and development opportunity in the sought after Sapperton neighborhood, just steps from SkyTrain & major transit. Rare over 7,500 sqft level lot w/ lane access & sweeping views of the Fraser River & Mt Baker. Currently tenanted, offering immediate rental income & an ideal holding pr
Prime investment and development opportunity in the sought after Sapperton neighborhood, just steps from SkyTrain & major transit. Rare over 7,500 sqft level lot w/ lane access & sweeping views of the Fraser River & Mt Baker. Currently tenanted, offering immediate rental income & an ideal holding property. Buyers have the potential to rezone or subdivide, subject to city approval & due diligence. Under existing RS1 zoning, options include a new 3 storey home w/ legal suites & a laneway house, or a duplex w/ legal suites for strong income potential. The existing home features four bedrooms upstairs, original hardwood on the main, and a newer hot water tank. Walkable to Royal Columbian Hospital, shopping, schools, and amenities. A rare large lot with income today and long term upside.
Listed by Behroyan & Associates Real Estate Services.
More Details
- MLS®: R3096268
- Bedrooms: 4
- Bathrooms: 1
- Type: House
- Size: 1,470 sqft
- Lot Size: 7,550 sqft
- Frontage: 57.00 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $6757.65
- Basement: None
- Storeys: 2 storeys
- Year Built: 1901
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