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!
Address
523 Kelly Street
List Price
$2,199,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
New Westminster
Sub-Area
Sapperton
Bedrooms
5
Bathrooms
4
Half Bathrooms
1
Floor Area
2,110 Sq. Ft.
Main Floor Area
973
Lot Size
5085.39 Sq. Ft.
Lot Size Dimensions
44.99 x 112.66
Lot Size (Acres)
0.12 Ac.
Lot Size Units
Square Feet
Total Building Area
2110
Frontage Length
44.99
Year Built
1950
MLS® Number
R3103518
Listing Brokerage
Stonehaus Realty Corp.
Basement Area
Unfinished
Postal Code
V3L 3V1
Zoning
RS-1
Ownership
Freehold NonStrata
Parking
Garage Single
Tax Amount
$6,244.45
Tax Year
2025
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Levels
Two
Number Of Floors In Property
2