$1,119,000

521 GARFIELD STREET, New Westminster BC V3L 4A6

4 Beds 1.0 Bath 1,876 Sq Ft Built 1937

Detached

Listed by: MLA Canada Realty.

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Description

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.

Location

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Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	4
Bathrooms	1.0
Living Area	1,876 sq ft
Lot Size	6,563 sq ft
Year Built	1937
Stories	2.0
Listing ID	R3157484

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521 GARFIELD STREET, New Westminster BC V3L 4A6
MLS® R3157484 · $1,119,000

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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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