127 PRINCESS STREET, New Westminster
$1,068,800
This 4,013 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.
An exciting opportunity near the highly desirable Queen's Park neighbourhood in New Westminster! Situated on a flat, south facing lot with back lane access, 127 Princess Street presents an excellent opportunity for builders, investors and buyers looking to explore the property's future potential. Located in an established residential neighbourhood, just minutes from parks, schools, shopping and local amenities. Property is being sold “AS IS, WHERE IS.” Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses and development potential with the City of New Westminster. Please contact the listing REALTORS for further information. Do not walk on the property without authorization.
How this price compares
This lot asks $266 per square foot of lot. That is 13% above the median of $235 across the 91 active lots VanPlex is showing in New Westminster, and puts it 63 of 91 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
- $1,068,800
- Lot size
- 4,013 sqft
- Lot dimensions
- 35.2 x 114.01
- Frontage
- 35.2 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1930
- Zoning
- RGO-A
- MLS® area
- GlenBrooke North
- MLS® number
- R3183223
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Listing data via MLS®. Displayed for information only. Zoning RGO-A stamped from the city record on 2026-11-11.