347 PEMBINA STREET, New Westminster
$1,015,000
This 6,942 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.
Set in the heart of Queensborough, this 6942 sq ft rectangular lot boasts a 61ft frontage and is a builders blank canvass. There are two potential mortgage helpers downstairs, 1 bed + 1 bed with den, both with separate entrances. Centrally located and walking distance to Queensborough elementary and Middle School, Shopping, restaurants, and the Sikh Temple. For development potential, please check with the city.
How this price compares
This lot asks $146 per square foot of lot. That is 37% below the median of $233 across the 105 active lots VanPlex is showing in New Westminster, and puts it 4 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
- $1,015,000
- Lot size
- 6,942 sqft
- Lot dimensions
- 61 x 114
- Frontage
- 61 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1947
- Zoning
- RQ-1
- MLS® area
- Queensborough
- MLS® number
- R3162280
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Listing data via MLS®. Displayed for information only. Zoning RQ-1 stamped from the city record on 2026-09-19.