341 BUCHANAN AVENUE, New Westminster
$1,050,000
This 3,527.59 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.
Charming & full of potential, this home is an excellent opportunity for first time buyers, investors, or anyone looking to create a home of their own. The main floor features 8' ceilings, an open concept living & kitchen area, two bedrooms. The upper floor offers 2 additional bedrooms & full bathroom, providing a total of 4 bedrooms. 3-bed mortgage helper offers excellent rental potential & flexibility. Enjoy the privacy of a fully fenced backyard, perfect for children, pets, gardening, entertaining. Located close to shopping, schools, Sapperton SkyTrain Station, transit, Royal Columbian Hospital, Sapperton & Hume Park, Hwy 1. Walking distance to Skwo Elementary. Whether you're looking to renovate, invest, or build equity in a prime location, this is an opportunity you won't want to miss.
How this price compares
This lot asks $298 per square foot of lot. That is 28% above the median of $233 across the 105 active lots VanPlex is showing in New Westminster, and puts it 83 of 105 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
- $1,050,000
- Lot size
- 3,527.59 sqft
- Lot dimensions
- 33 x 104.4
- Frontage
- 33 ft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1939
- Zoning
- RS-1
- MLS® area
- Sapperton
- MLS® number
- R3151676
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Listing data via MLS®. Displayed for information only. Zoning RS-1 stamped from the city record on 2026-09-19.