452 ROUSSEAU STREET, New Westminster
$1,550,000
This 5,108 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.
Prime Land Assembly in New Westminster! High-density potential, immediate zoning flexibility, and prime transit access Rare opportunity to acquire a 5-property land assembly (448, 452, 454, 456 & 458 Rousseau St) totaling 28,000 sq ft in vibrant Sapperton. All 5 properties must be purchased together. Located 1 min to Braid Station and 5 mins to Royal Columbian Hospital, this site offers 3 versatile development paths: 1. Transit-Oriented Development (TOD): Designated for high-density concrete high-rise construction. 2. Purpose-Built Rental: Ideal footprint for up to 12+ stories of wood-frame housing. 3. Immediate Commercial Build: Currently zoned CS1 for direct commercial development without waiting on rezoning applications.
How this price compares
This lot asks $303 per square foot of lot. That is 29% above the median of $235 across the 91 active lots VanPlex is showing in New Westminster, and puts it 74 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
- $1,550,000
- Lot size
- 5,108 sqft
- Lot dimensions
- 45.2 x 113
- Frontage
- 45.2 ft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1925
- Zoning
- CS-1
- MLS® area
- Sapperton
- MLS® number
- R3174139
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Listing data via MLS®. Displayed for information only. Zoning CS-1 stamped from the city record on 2026-10-09.