454 Rousseau St, New Westminster, BC V3L 3R3

$1,590,000
6
BD
3
BA
2,137
SqFt

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List Price
$1,590,000
Status
ACTIVE
MLS® #
R3109448
Price Change
▼ $60,000 1780954625
Year Built
1948
Subtype
Single Family Residence
Stories
2
Bedrooms
6
Total baths
3
Living Area
2,137
Area
New Westminster
Community
Sapperton

Property Description

Rare income + future development opportunity in rapidly evolving Sapperton. Located steps from Braid SkyTrain, 454 Rousseau St features a renovated character home with three self-contained 2-bed suites plus a leased garage. One 2-bed is currently rented at $2,100/month and the garage at $1,000/month, with two additional 2-bed suites offering potential rents of up to $2,100/month each (approx. $7,100+/month total). Situated on a 5,108 sq.ft. lot and zoned CS-1 within a Tier 3 Transit-Oriented Development corridor, buyers may explore rezoning with the City to unlock higher density (up to 3.0 FSR / ~8 storeys), subject to approval. A strong cash flow + future upside opportunity. 448 Rousseau St. also available as package.

Additional Information

Lot Size
5,108
Site Influences
Central Location
Levels
Two
Acres
0.12
Region
New Westminster
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.