"INVESTOR ALERT: "CASH MACHINE" + 6-PLEX POTENTIAL! Secure a high-value holding in the heart of New Westminster that works for you today and builds your future tomorrow. This exceptional 8,164 sq. ft. corner lot features a 66' frontage and currently operates as a profitable rooming house generating $8,900/month in rental income. Buy it, hold it, and let it pay you while you plan your next move. With significant 6-plex development potential, this is a rare opportunity for savvy investors to secure a prime site in a premier location. Zoned RD-1, the property is steps from the 12th St corridor, schools, and transit. This is a COURT ORDERED SALE sold "As-Is, Where-Is." All development potential is to be verified by the buyer . Don't miss this chance to own an income-generating assetMore details
Development opportunity in a central West End location! Large 66' x 123.7' lot with new potential under the Residential Ground Oriented Infill Housing designation, allowing up to 6 units! Multiple ground-oriented housing forms possible: duplexes with suites, laneway carriage homes, triplex, quadplex, multiple or townhouse style development. Located within 400m of a major transit route, with no minimum parking requirement. Below grade allowance offers potential density up to 1.0 FSR on this 8,164 sf lot. Just a few blocks from Moody Park, Royal City Centre, Walmart, restaurants & amenities. Up the hill from the Quay Boardwalk & Steel & Oak Brewery. Excellent transit access to multiple Skytrain Stations. Just 4 blocks to Lord Tweedsmuir Elementary, offering English & French programs.More details
Listed by Sutton Group-West Coast Realty and Oakwyn Realty Ltd.
Data was last updated July 28, 2026 at 12:40 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.