About 423 Sixth Street
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 plus a basement. 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 Details of 423 Sixth Street
| Price | $2,880,000 |
|---|---|
| Year Built | 1890 |
| Stories in Building | 2 |
| Type | Residential Income |
| Sub-Type | Other |
| Floor Levels | 2 |
| Main Floor | 1,995 sqft |
| Total Size | 4,547 sqft |
| Bedrooms | 5 |
| Full Baths | 5 |
| Heating | Baseboard, Electric, Hot Water |
| Basement | Full |
| Title to Land | Freehold NonStrata |
| Property Taxes | $10,594 |
Amenities and Features
| Parking Type | Other, Front Access, Concrete |
|---|---|
| Parking Total | 5 |
| Site Influences | Lane Access, Recreation Nearby |
Lot Size
| Lot Area | 9,801 |
|---|---|
| Frontage | 66 |
| Depth | 66 x 148.00 |
Listing Details
| MLS® # | R3039783 |
|---|---|
| Status | Active |
| Listing Date | August 22nd, 2025 |
| Address | 423 Sixth Street |
| Subdivision | Queens Park |
| Area | New Westminster |
| Province | BC |
| Listing Office | Dexter Realty |