423 Sixth Street
Queens Park New Westminster V3L 3B1

$2,850,000
Residential Income beds: 5 baths: 5.0 4,547 sq. ft. built: 1890

Bungalow with covered porch and a shingled roof
Photo 1: 423 Sixth Street, New Westminster
Photo 2: 423 Sixth Street, New Westminster
Photo 3: 423 Sixth Street, New Westminster
Photo 4: 423 Sixth Street, New Westminster
Photo 5: 423 Sixth Street, New Westminster
Photo 6: 423 Sixth Street, New Westminster
Photo 7: 423 Sixth Street, New Westminster
Photo 8: 423 Sixth Street, New Westminster
Photo 9: 423 Sixth Street, New Westminster
Photo 10: 423 Sixth Street, New Westminster
Photo 11: 423 Sixth Street, New Westminster
Photo 12: 423 Sixth Street, New Westminster
Photo 13: 423 Sixth Street, New Westminster
Photo 14: 423 Sixth Street, New Westminster
Photo 15: 423 Sixth Street, New Westminster
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
R3031165
Bedrooms:
5
Bathrooms:
5
Year Built:
1890
423 Sixth Street offers the opportunity to acquire a three-storey multi-family revenue property in the heart of New Westminster. The property generates over $200,000 in annual gross income and is designated for future higher-density redevelopment. Built in 1890, the home sits on a 9,801 sq. ft. lot (zoned C-2) and features five self-contained authorized suites on the upper floors and a basement generating additional revenue from unauthorized rentals. The property contains five parking stalls for tenants as well as two garage units that are currently rented out as storage. The property is designated Mixed Use – Low Rise under the New Westminster Official Community Plan (OCP), which allows for the construction of a medium density mixed-use building.
Property Type:
Residential Income
Dwelling Type:
Other
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1890 (Age: 135)
Living Area:
4,547 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
4,547 sq. ft.
Levels:
Two
Bedrooms:
5 (Above Grd: 5)
Bathrooms:
5.0 (Full:5/Half:0)
Kitchens:
0
Rooms:
5
Taxes:
$10,593.89 / 2024
Lot Area:
9,801 sq. ft.
Lot Frontage:
66'
Lot Details:
66 x 148.00
Outdoor Area:
No Outdoor Area
Water Supply:
Public
Plan:
NWP2620
Construction Materials:
Frame Wood, Mixed (Exterior), Wood Siding
Foundation:
Concrete Perimeter
Basement:
Full
Property Condition:
Renovation Partly
Roof:
Asphalt
No. Floor Levels:
2.0
Other Structures:
Shed(s)
Floor Finish:
Hardwood, Mixed, Tile
Floor Area Fin - Above Grade:
3,307 sq. ft.
Floor Area Fin - Above Main:
1,312 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,995 sq. ft.
Floor Area Fin - Below Main:
1,240 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
4,547 sq. ft.
Heating:
Baseboard, Electric, Hot Water
Parking Features:
Other, Front Access, Concrete
Parking:
Other
# Of Parking Spaces - Total:
5
Parking Total/Covered:
5 / -
Driveway:
Concrete Parking
No Outdoor Area
Lane Access, Recreation Nearby
Fire Sprinkler System, Smoke Detector(s)
3
Other Structures - Shed(s), Window Coverings, Fire Sprinkler System, Smoke Detector(s)
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Window Coverings
LOT 1, SUB BLOCK 7, PLAN NWP2620, NEW WESTMINSTER LAND DISTRICT, OF LOT 27
Floor
Type
Size
Other
Main
Bedroom
Measurements not available
-
Main
Bedroom
Measurements not available
-
Main
Bedroom
Measurements not available
-
Above
Bedroom
Measurements not available
-
Above
Bedroom
Measurements not available
-
Floor
Ensuite
Pieces
Other
Main
No
3
Main
No
3
Main
No
3
Above
No
3
Above
No
3
Income Per Annum:
214120.0
Oper. Expenses:
43541.0
Net Operating Income:
$170,579
Age Restrictions:
No
By-Law Infractions:
N
Income as at Date:
Jan 01, 2025
Dist to Public Trans:
0.5 BLOCK
Property Disclosure:
No
Fixtures Leased:
No
# Units Total:
4
# Bachelor Units:
1
# 1Bdrm Units:
1
# 2Bdrm Units:
1
# 3Bdrm Units:
1
Home Owners Association:
No
Original Price:
$2,850,000
Land Lease:
No
Zoning:
C-2
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer
  • Photo 1: 423 Sixth Street, New Westminster
    Bungalow with covered porch and a shingled roof
  • Photo 2: 423 Sixth Street, New Westminster
    View of home's exterior with uncovered parking
  • Photo 3: 423 Sixth Street, New Westminster
    View of outbuilding
  • Photo 4: 423 Sixth Street, New Westminster
    View of front of home with covered porch and a shingled roof
  • Photo 5: 423 Sixth Street, New Westminster
    View of front of property with a porch and stairs
  • Photo 6: 423 Sixth Street, New Westminster
    Exterior view of mail area
  • Photo 7: 423 Sixth Street, New Westminster
    View of exterior entry featuring covered porch
  • Photo 8: 423 Sixth Street, New Westminster
    Kitchen featuring open shelves, white appliances, light flooring, and light countertops
  • Photo 9: 423 Sixth Street, New Westminster
    Bedroom featuring hardwood / wood-style flooring and crown molding
  • Photo 10: 423 Sixth Street, New Westminster
    Half bath with toilet and wallpapered walls
  • Photo 11: 423 Sixth Street, New Westminster
    Full bathroom with a soaking tub, radiator heating unit, crown molding, and a shower with curtain
  • Photo 12: 423 Sixth Street, New Westminster
    View of dining room
  • Photo 13: 423 Sixth Street, New Westminster
    Bedroom with wood finished floors, a chandelier, beamed ceiling, and coffered ceiling
  • Photo 14: 423 Sixth Street, New Westminster
    View of exterior entry
  • Photo 15: 423 Sixth Street, New Westminster
    Laundry room featuring washing machine and clothes dryer
Listed by Dexter Realty
Data was last updated July 29, 2025 at 08:40 PM (UTC)
Kris Pope, Personal Real Estate Corporation