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.
Address
525 Sixteenth Street
List Price
$1,288,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Transaction Type
Sale
Area
New Westminster
Sub-Area
Uptown NW
Bedrooms
5
Bathrooms
2
Floor Area
1,557 Sq. Ft.
Main Floor Area
791
Lot Size
6400 Sq. Ft.
Lot Size Dimensions
50 x 120
Lot Size (Acres)
0.15 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
1557
Frontage Length
50
Year Built
1954
MLS® Number
R3089856
Listing Brokerage
Nu Stream Realty Inc.
Basement Area
Finished, Exterior Entry
Postal Code
V3M 4R4
Zoning
/
Ownership
Freehold NonStrata
Parking
Garage Triple, Open, Front Access
Parking Places (Total)
3
Tax Year
2024
Site Influences
Central Location, Private Yard
Exterior Features
Private Yard
Appliances
Washer/Dryer, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Garage
Yes
Garage Spaces
3
Laundry Features
In Unit
Number Of Floors In Property
2