523 Kelly St, New Westminster BC - Single Family Residence for Sale - MLS# R3123297

$1,999,000
Est. Mortgage $8,844/mo
5 Beds
4 Baths
2110 sqft
947 $ /sqft
1950 built
$1,999,000
Est. $8,844/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 523 Kelly Street

INVESTOR/DEVELOPER ALERT! This prime corner lot in Sapperton is located within the Transit Oriented Development (TOD) Area. On Feb 23, 2026, Council adopted an OCP update reflecting new land use designations and densities enabled by provincial legislation. Skip complex assemblies—preliminary plans allow for 3.0 FSR, featuring 14 units and a daycare on this single lot. A proven cash flow generator, the renovated home includes 5 bedrooms, 3 bathrooms, and 3 kitchens—an ideal "hold and develop" play. Situated next to Hume Park and walking distance to Sapperton Park and E Columbia St shops. This is a strategic addition to any portfolio in one of BC’s most connected hubs. Bring your vision to this quiet, tree-lined street in the heart of the Royal City!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 3
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,999,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2110
Year Built 1950
Age Of Building 76
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single
Total Parking Spaces 1
Rental Suites None

Lot & Land

Lot Size 5085.39
Lot Size Depth Feet
Lot Size Frontage 44.99
MLS® # R3123297
Area New Westminster
Neighbourhood Sapperton
City New Westminster
Postal Code V3L 3V1
Gross Taxes $6,244.45
Zoning RS-1

Property Timeline

Status Date Price
R3123297 / Active 05-13-2026 $1,999,000
R3103518 / Active 03-25-2026 $2,099,000
R2873711 / Sold 06-24-2024 $1,499,000
Rooms
Floor Type Dimensions
Main Level Kitchen 12'8 x 12'8 ft
Main Level Dining Room 8'11 x 8'11 ft
Main Level Living Room 13'4 x 13'4 ft
Main Level Primary Bedroom 11' x 11' ft
Main Level Bedroom 9'6 x 9'6 ft
Above Level Bedroom 12'9 x 12'9 ft
Below Bedroom 14'4 x 14'4 ft
Basement Level Kitchen 9'0 x 9'0 ft
Basement Level Kitchen 8'0 x 8'0 ft
Above Level Bedroom 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #2
Above Level Yes #4

Listed by: Stonehaus Realty Corp.

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.

Map & Neighbourhood

Closest Transit

Bus Stop
Northbound E Columbia St @ Braid St
0.14 km
Skytrain
Skytrain @ Braid Stn
0.59 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
27.9%
No Certificate/Degree
Below Average
9.9%
Owner Occupied
Average
72.2%
Employment Rate
Average
61.3%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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
Market Performance

Real Estate Stats for June 2026 in New Westminster

REBGV Report city Level
Detached Benchmark

$1,526K

Sales (Mo.)

14

Active Inventory

152

Market Climate Buyer's Market
Buyer's (< 12%) Balanced (12-20%) Seller's (> 20%)

Sales-to-Active Ratio: 9.2%

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 523 Kelly Street

Mortgage Calculator for 523 Kelly Street

/month
Principal & Interest
Property Taxes $520
Maintenance fee 0
Financing 80% of the $1,999,000 asking price over 30 years at 4% results in approximately $8,155/month in total estimated carrying costs, $520 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $7,753/month in rental income, leaving a -$610/month cashflow at current carrying costs. Investors targeting break-even would need roughly 27% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Sapperton, New westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $1,999,000
New westminster Loading...
Sapperton Loading...

No active comparable properties are currently available for this property type in New westminster. The price evaluation chart will update as similar listings enter the market.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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