$1,599,000
18.8% price reduction
324 Lawrence St, New Westminster, BC
$1,299,000
Est. Mortgage /mo
MLS# R2955623
3
Beds
1
Baths
800
sqft
1624
$
/sqft
1931
built
Property Details & Specs
18.8% price reduction
Remarkable opportunity in the fast-growing Queensborough. Builders : Future Potential to SUBDIVIDE to Two 33 x 130 Lots. We are excited to present a double lot property with the potential for development, featuring sub-dividable RQ-1 zoning that is strategically located amidst upscale residences. The property currently includes an existing house on two lots, promising a lucrative venture for developers and builders alike. Centrally located in trendy Queensborough is close to various amenities and attractions, including Queensborough Landing Shopping Centre, Walmart, Casino, Starbucks, Tim Hortons, Boston Pizza, Queensborough Middle School, Parks and Sports Field, Queensborough Bridge, Alex Fraser Bridge and Hwy 91.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17'0 x 17'0 ft |
| Main Level | Primary Bedroom | 11'0 x 11'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Kitchen | 13'0 x 13'0 ft |
| Main Level | Attic | 13'0 x 13'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: eXp Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Neighborhood & Transit Info
Public Schools
- Elementary
- Queen Elizabeth Elementary School
- Average
- 0.47 km
- Middle
- Queensborough Middle School
- 0.49 km
- Secondary
- New Westminster Secondary School
- 3.16 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Our Lady of Mercy School
- Above Average
- 2.91 km
- Secondary
- Purpose Independent Secondary School
- 2.77 km
Closest Transit
- Bus Stop
- Westbound Ewen Ave @ McGillivray Place
- 0.17 km
- Skytrain
- Skytrain @ 22Nd St Stn
- 1.27 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Average
- 28%
- No Certificate/Degree
- Average
- 14.6%
- Owner Occupied
- Above Average
- 82.9%
- Employment Rate
- Above Average
- 66.9%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$527
Maintenance fee
0
Financing 80% of the $1,299,000 asking price over 30 years at 4% results in approximately $5,488/month in total estimated carrying costs, $527 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $4,013/month in rental income, leaving a -$1,640/month cashflow at current carrying costs. Investors targeting break-even would need roughly 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,299,000
New Westminster
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Queensborough
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There are currently no active comparable Single Family Residences in New Westminster to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (18.8% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Listing Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 324 Lawrence Street, New Westminster, BC?
The closest top-rated schools are Queen Elizabeth Elementary School and Queensborough Middle School.
Is 324 Lawrence Street, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 324 Lawrence Street, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,794.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
