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$1,700,000

1217 SIXTH AVENUE

New Westminster BC V3M 2C1 - West End NW

2 bd

3 ba

3,615 sqft

Built 1926

About This Property

"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 asset

Features

Storage

Open

Front Access

Concrete

Paver Block

Shopping Nearby

Room measurements16 rooms▸

StorageBsmt · 7' × 12'

Recreation RoomBsmt · 31' × 16'

KitchenBsmt · 17' × 9'

LaundryBsmt · 4' × 7'

UtilityBsmt · 13' × 23'

OtherBsmt · 15' × 11'

OtherBsmt · 12' × 11'

FoyerMain · 10' × 7'

BedroomMain · 14' × 14'

Eating AreaMain · 12' × 14'

OtherMain · 14' × 14'

OtherMain · 9' × 14'

OtherMain · 23' × 10'

OtherMain · 16' × 10'

Primary BedroomAbove · 25' × 20'

OtherAbove · 16' × 20'

Property Details

MLS NumberR3095930

Property TypeSingle Family Residence

Bedrooms2

Bathrooms3

Square Feet3,615

Lot Size8,164 sqft

Year Built1926

HeatingForced Air, Hot Water, Natural Gas

Days on Market160

StatusActive

Listed ByeXp Realty

School Catchment

Elementary Lord Tweedsmuir

Middle Fraser River Middle

Secondary New Westminster Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,300,000Median home value

$108,000Median household income

61.8%Owner-occupied

43.9%Single-detached homes

2.8Avg household size

41.6Median age

36.9%Bachelor's degree or higher (25-64)

52.7%Commute under 30 min

73.7%Drive to work

34.2%Foreign-born residents

4,744Neighbourhood population

Age

Under 1514.5%
15 to 6470.1%
65 and over15.4%

Household size

1 person21.9%
229%
316.9%
419.8%
5 or more12.4%

Language spoken at home

59% English mother tongue

Punjabi6.1%
English + other4.8%
Tagalog4.4%
Mandarin4.2%
Cantonese2.7%
Spanish1.7%
All others17.1%

Mother tongue, share of 4,730 residents.

How this pocket differs

notably more 5+ person households than New Westminster 12.5% vs 5.3%
notably more 4-person households than New Westminster 19.9% vs 10%
notably fewer people living alone than New Westminster 22% vs 36.8%
notably more Punjabi speakers than New Westminster 6.1% vs 3.6%
Median household income is higher than Metro Vancouver $108,000 vs $90,000
Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000