Generate steady $8,900 monthly rental income while designing your next masterclass project at 1217 Sixth Avenue, New Westminster! Set in the desirable West End, this massive 8,164 sq. ft. corner lot boasts an impressive 66-foot frontage and exceptional 6-plex development potential (RD-1 zoning). The existing 1926 character home functions as a cash-flowing rooming house, letting your investment pay you from day one. Offered as a court-ordered, "As-Is, Where-Is" opportunity, this is a rare chance for visionary developers to secure a high-yield holding just steps from transit, schools, and the vibrant 12th Street corridor. Don't let this Royal City gem slip away! (Buyer to verify all development potential with the City of New Westminster).
Address
1217 Sixth Avenue
List Price
$1,599,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
New Westminster
Sub-Area
West End NW
Bedrooms
2
Bathrooms
3
Floor Area
3,025 Sq. Ft.
Main Floor Area
1273
Lot Size
8164 Sq. Ft.
Lot Size Dimensions
66 x 123.7
Lot Size (Acres)
0.19 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
3025
Frontage Length
66
Year Built
1926
MLS® Number
R3161624
Listing Brokerage
eXp Realty
Basement Area
Finished
Postal Code
V3M 2C1
Zoning
RD-1
Ownership
Freehold NonStrata
Parking
Open, Front Access, Concrete, Paver Block
Tax Amount
$7,623.91
Tax Year
2025
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features
Storage
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Hot Water, Natural Gas
Road Surface
Paved
Levels
Two
Number Of Floors In Property
2