40 E TENTH AVENUE, New Westminster
$1,539,000
This 6,523.03 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.
This mid-century rancher with a walk-out basement carries its original charm while offering several important updates, including hot water on demand, a 200-amp electrical panel, air conditioning, and more. This 5 bedroom, 3 bathroom home features almost 3,000 square feet (1,485 on each level), with a separate entrance to the lower level, making it perfect for a suite (plumbing and electrical for second kitchen is already done) or for multi-generational living. There is plenty of parking, with space in front of the home, lane access, and two carports. This ideal location is close to Howay Elementary School, transit, Royal Square Mall (including Safeway), and the new Aquatic and Community Centre. Open House Sunday August 30th 1-3pm.
How this price compares
This lot asks $236 per square foot of lot. That is about the same as the median of $237 across the 100 active lots VanPlex is showing in New Westminster, and puts it 50 of 100 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
- $1,539,000
- Lot size
- 6,523.03 sqft
- Lot dimensions
- 66.66 x 97.83
- Frontage
- 66.66 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1966
- MLS® area
- The Heights NW
- MLS® number
- R3158592
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Listing data via MLS®. Displayed for information only.