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523 KELLY STREET, New Westminster

MLS® #R3123297
About this Property

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)

Property Information

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®

Interior Details

Bedrooms

5

Bathrooms

4

Living Area

2110 square feet

Architectural Style

2 Level

Basement

Unfinished

Exterior & Lot

Lot Size

5085.39 sqft

Frontage

44.11 feet

Building & Utilities

Heating

Forced air, Natural gas

$1,999,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
4Baths
2110sqft
Listing Courtesy of

Office

Stonehaus Realty Corp.

Mortgage Calculator
$399,800

Loan Amount:

$1,599,200

Estimated Monthly Payment:

$7,793

This is an estimate for informational purposes only. Consult with a financial advisor.