523 Kelly Street New Westminster, British Columbia

MLS^®: R3103518

URL:

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!

Listing Information

Prop. Type:: Single Family Residence

Status:: Active

City:: New Westminster

Bedrooms:: 5

Full Bathrooms:: 4

Neighborhood:: Sapperton

Area:: New Westminster

Province:: British Columbia

MLS^® Number:: R3103518

Listing Price:: $2,199,000

Taxes:: $6,244

General Information

Year Built:: 1950
Lot Size (sqft):: 5085.39 ft²

Total Square Feet:: 2110ft²

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Location

The Galway Group
Macdonald Realty Ltd
#6 - 20691 Lougheed Hwy., Maple Ridge, BC
Office: 604-467-3871
Mobile: 604-467-2651
Fax: 604-467-0584

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