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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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521 Garfield Street, New Westminster
MLS®: R3157484
1876
Sq.Ft.
1
Baths
4
Beds
6,563
Lot SqFt
1937
Built
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Description
BUILDERS & DEVELOPERS! Prime redevelopment opportunity in New Westminster’s desirable Heights neighbourhood. Situated on a +6,500 sq ft lot, this property offers exciting potential for multi unit development, including up to 4 units under the City’s evolving infill housing framework, subject to City approval. The existing home provides holding value while you plan your next project. Ideally located near Hume Park, schools, shopping and major commuter routes with convenient access throughout the Lower Mainland. A compelling opportunity to secure your next development site in an established residential neighbourhood.
Taxes (2025): $6,502.36
Amenities
Garden
Private Yard
Storage
In Unit
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Range Top
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