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$1,699,000

523 KELLY STREET

New Westminster · MLS® R3159161

5 bed · 3 bath · 2,036 sq ft · 5,085 sq ft lot · 4 parking

House · Single Family · built 1950 · 42 days on market

Listed by Darcy Schlechtleitner, Stonehaus Realty Corp.

This extensively renovated 5-bedroom, 3-bathroom, CORNER-LOT home is the ultimate mortgage helper, featuring two separate rental suites downstairs. Enjoy peace of mind with major updates throughout, including new flooring, lighting, plumbing, and electrical, alongside a brand-new furnace and hot water tank (and no oil tank). The location perfectly balances lifestyle and convenience. You are situated right next to a park, steps from a public Montessori school, and just a 3-minute drive to Braid SkyTrain Station. With excellent income potential already in place-including a 2-year lease for the upstairs unit-this property is a turnkey investment or a fantastic family home.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,036 sq ft
Lot: 5,085 sq ft
Parking: 4
Year built: 1950
Property tax: $6,244 / yr
Days on market: 42
MLS®: R3159161

Above typical for the area (+32%)

2026 assessment: $1,372,100 · asking is +24%
Price per sq ft: $834 vs $631 median for houses in New Westminster for sale (170)
Last sold: $1,461,000 · May 6, 2024

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
All
Refrigerator
Stove

On market 42 days

Listed now: 62 days; median for 170 houses for sale; this one 42 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$7,923/mo

Mortgage $7,402 · Tax $520

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

estimated payment

$7,402/ monthly

loan $1,359,200

25-year amortization

down payment20% · $339,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $861,514
property transfer tax: $31,980; BC general rate
cash to close: $371,780; down + PTT
total paid: $2,220,714

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.

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