521 GARFIELD STREET, New Westminster
$1,119,000
This 6,562.97 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.
BUILDERS & DEVELOPERS! Prime redevelopment opportunity in New Westminster’s desirable Heights neighbourhood. Situated on a +6,500 sq ft lot, this property offers exciting potential for multi unit development, including up to 4 units under the City’s evolving infill housing framework, subject to City approval. The existing home provides holding value while you plan your next project. Ideally located near Hume Park, schools, shopping and major commuter routes with convenient access throughout the Lower Mainland. A compelling opportunity to secure your next development site in an established residential neighbourhood.
How this price compares
This lot asks $171 per square foot of lot. That is 27% below the median of $233 across the 105 active lots VanPlex is showing in New Westminster, and puts it 18 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
- $1,119,000
- Lot size
- 6,562.97 sqft
- Lot dimensions
- 54.99 x 131
- Frontage
- 54.99 ft
- Bedrooms
- 4
- Bathrooms
- 1
- Year built
- 1937
- Zoning
- RGO-A
- MLS® area
- The Heights NW
- MLS® number
- R3157484
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Listing data via MLS®. Displayed for information only. Zoning RGO-A stamped from the city record on 2026-09-19.