$1,799,900

1416 EIGHTH AVENUE, New Westminster BC V3M 2S4

6 Beds 3.0 Bath 3,132 Sq Ft Built 1928

Detached

Listed by: Oakwyn Realty Ltd..

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Description

Incredible opportunity for a 66' x 148' lot in the West End, one of New Westminster’s most desirable neighbourhoods. The City has recently rezoned this lot for multiplex, allowing up to four units, making it ideal for builders, investors or multi-generational families. This is the largest lot currently on the market in the West End and one of the largest on the market in the entire city. The wide frontage and impressive depth offer valuable flexibility for multiplex design, layout and spacing. The current home is approx. 3,000 sq.ft. and tenanted up/down, providing holding income while plans are explored. Great central location within walking distance to SkyTrain, parks and bus stops, with quick access to amenities and major routes.

Location

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Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	6
Bathrooms	3.0
Living Area	3,132 sq ft
Lot Size	9,801 sq ft
Year Built	1928
Stories	2.0
Listing ID	R3156048

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1416 EIGHTH AVENUE, New Westminster BC V3M 2S4
MLS® R3156048 · $1,799,900

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

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