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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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350 Keary Street, New Westminster
MLS®: R3012511
1470
Sq.Ft.
1
Baths
4
Beds
7,550
Lot SqFt
1901
Built
Description
Prime investment and development opportunity in the sought-after Sapperton neighborhood! Situated on an over 7,500 sq ft (57x132) level lot with lane access and stunning views of the Fraser River and Mount Baker. Zoned RS-1—build a new 3-storey home with legal suites and a laneway house, or a duplex with legal suites for maximum rental income. The existing home offers 4 spacious bedrooms up, original hardwood on the main, and a new hot water tank—perfect as a rental hold. Walking distance to SkyTrain, hospital, shopping, restaurants, and all levels of schools. A rare, large-lot opportunity in a growing area!
Taxes (2024): $6,217.83
Amenities
Balcony