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$1,550,000

452 ROUSSEAU STREET

New Westminster · MLS® C8082046

5,108 sq ft lot

Land · Vacant Land · built 1925 · 23 days on market

Listed by Sean Zubor, Stonehaus Realty Corp.

Realtor's description

Prime Land Assembly in New Westminster! High-density potential, immediate zoning flexibility, and prime transit access Rare opportunity to acquire a 5-property land assembly (448, 452, 454, 456 & 458 Rousseau St) totaling 28,000 sq ft in vibrant Sapperton. All 5 properties must be purchased together. Located 1 min to Braid Station and 5 mins to Royal Columbian Hospital, this site offers 3 versatile development paths: 1. Transit-Oriented Development (TOD): Designated for high-density concrete high-rise construction. 2. Purpose-Built Rental: Ideal footprint for up to 12+ stories of wood-frame housing. 3. Immediate Commercial Build: Currently zoned CS1 for direct commercial development without waiting on rezoning applications.

Property details

Type: Land, Vacant Land
Lot: 5,108 sq ft
Parking: 0
Year built: 1925
Property tax: $5,993 / yr
Days on market: 23
MLS®: C8082046

Property insights

On market 23 days

The market here

Listed now: 90 days; median for 18 homes for sale; this one 23 days

Homes in New Westminster. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$7,253/mo

Mortgage $6,753 · Tax $499

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,753/ monthly

loan $1,240,000

25-year amortization

down payment20% · $310,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $785,960
property transfer tax: $29,000; BC general rate
cash to close: $339,000; down + PTT
total paid: $2,025,960

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 484 m² (5,210 sq ft) · PID 013-123-572. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

New WestminsterGoogle Maps ↗

Location

New WestminsterGoogle Maps ↗

Schools

Catchment schools, New Westminster School District 40

Elementary Skwo:wech Elementaryhomes in this catchment
1.1 km away · 331 Richmond St, New Westminster · 604-517-6090
Middle Ecole Glenbrook Middle Schoolhomes in this catchment
2.1 km away · 701 Park Cres, New Westminster · 604-517-5940
Secondary New Westminster Secondaryhomes in this catchment
3.5 km away · 820 6th St, New Westminster · 604-517-6122

From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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