523 KELLY STREET - 5 Beds 4 Bath - $1,999,000

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$1,999,000
523 KELLY STREET
New Westminster, British Columbia V3L3V1
MLS® Number: R3123297
5Beds
4Baths
2,110Sq Ft
1Parking
1950Year Built
Single FamilyType

About This Property

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! (id:64973)

Property Details

Bedrooms5
Bathrooms4
Living Area2,110 sq ft
Lot Size5085.39 (5,085 square feet)
Year Built1950
Property TypeSingle Family
Parking1
HeatingForced air, Natural gas
Annual Taxes$6,244
CityNew Westminster
Postal CodeV3L3V1
MLS® #R3123297

Location

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