523 KELLY STREET, New Westminster
INVESTOR/DEVELOPER ALERT! This prime corner lot in Sapperton is located within the Transit Oriented Development (TOD) Area. On Feb 23, 2026, Council adopted an OCP update reflecting new land use designations and densities enabled by provincial legislation. Skip complex assemblies-preliminary plans allow for 3.0 FSR, featuring 14 units and a daycare on this single lot. A proven cash flow generator, the renovated home includes 5 bedrooms, 3 bathrooms, and 3 kitchens-an ideal "hold and develop" play. Situated next to Hume Park and walking distance to Sapperton Park and E Columbia St shops. This is a strategic addition to any portfolio in one of BC´s most connected hubs. Bring your vision to this quiet, tree-lined street in the heart of the Royal City! (id:62865)
Status
Active
Year Built
1950
Property Type
House
Ownership
Freehold
Parking Spaces
1
Annual Tax
$6,244
Tax Year
2025
Parcel Number
012-527-742
Data Source
Greater Vancouver REALTORS®
Bedrooms
5
Bathrooms
4
Living Area
2110 square feet
Architectural Style
2 Level
Basement
Unfinished
Lot Size
5085.39 sqft
Frontage
44.11 feet
Heating
Forced air, Natural gas
$1,999,000
Office
Stonehaus Realty Corp.
Loan Amount:
$1,599,200
Estimated Monthly Payment:
$7,793
This is an estimate for informational purposes only. Consult with a financial advisor.
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