Property Information:

This fully renovated single-family home features all-replaced piping. Offering 5 bedrooms, 3 dens, and 2 bathrooms, it presents an exceptional opportunity for investors, builders and end users. The property offers strong land assembly and redevelopment potential, making it an ideal hold for long-term future value.Just a 15-minute walk to 22nd Street Station, the home enjoys a surprisingly quiet interior environment despite being close to the SkyTrain tracks. With separate entrances, the property allows investors to generate steady cash flow through rental income. Rare opportunity at this price. As market activity continues to strengthen, chances like this may not last. Secure this high-potential property before the market moves further — act now before it’s gone.

Building Features:

Floor Space: 1557 Square Feet

Property Features:

Bedrooms: 5
Bathrooms: 2+0
Appliances: Washer/Dryer, Refrigerator
Architectural Style: Rancher/Bungalow w/Bsmt.
Basement: Finished, Exterior Entry
Built in: 1954
Exterior Features: Private Yard
Floor Space (approx): 1557 Square Feet
Heating: Forced Air, Natural Gas
Laundry Features: In Unit
Lot Features: Central Location
Lot Frontage: 50 Feet
Lot Size: 6400.00 Square Feet
Parking Features: Garage Triple, Open, Front Access
Structure Type: Residential Detached
No. of Parking Spaces: 3

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Demographic Information of 525 Sixteenth Street, New Westminster, BC, V3M 4R4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$101,050.43

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.15 %

High school certificate or equivalent

30.04 %

Apprenticeship trade certificate/diploma

8.54 %

College/non-university certificate

18.61 %

University certificate (below bachelor)

2.73 %

University Degree

25.93 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

27.11 %

By Walking

3.19 %

By Bicycle

0.23 %

By Other Methods

4.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.11 %

Houses

21.89 %

525 Sixteenth Street, New Westminster, BC, V3M 4R4