454 Rousseau Street, New Westminster, V3L 3R3

Home Overview

Description

Rare income + future development opportunity in rapidly evolving Sapperton. Located steps from Braid SkyTrain, 454 Rousseau St features a renovated character home with three self-contained 2-bed suites plus a leased garage. One 2-bed is currently rented at $2,100/month and the garage at $1,000/month, with two additional 2-bed suites offering potential rents of up to $2,100/month each (approx. $7,100+/month total). Situated on a 5,108 sq.ft. lot and zoned CS-1 within a Tier 3 Transit-Oriented Development corridor, buyers may explore rezoning with the City to unlock higher density (up to 3.0 FSR / ~8 storeys), subject to approval. A strong cash flow + future upside opportunity. 448 Rousseau St. also available as package.

16 days

On Market

House/Single Family

Property Type

$6,100 / Year

Est. Taxes

2 Storey w/Bsmt.

Style

-

Garage

Full,Separate Entry

Basement