NEW
Prime investment and development opportunity in the sought after Sapperton neighborhood, just steps from SkyTrain & major transit. Rare over 7,500 sqft level lot w/ lane access & sweeping views of the Fraser River & Mt Baker. Currently tenanted, offering immediate rental income & an ideal holding property. Buyers have the potential to rezone or subdivide, subject to city approval & due diligence. Under existing RS1 zoning, options include a new 3 storey home w/ legal suites & a laneway house, or a duplex w/ legal suites for strong income potential. The existing home features four bedrooms upstairs, original hardwood on the main, and a newer hot water tank. Walkable to Royal Columbian Hospital, shopping, schools, and amenities. A rare large lot with income today and long term upside.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Kitchen | 14' x 14' ft |
| Above Level | Primary Bedroom | 12' x 12' ft |
| Above Level | Bedroom | 11' x 11' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 350 Keary Street, a beautiful home in the heart of New Westminster, BC
As we walk through the community, you'll notice a mix of families and young professionals who appreciate the area's convenience and charm. Let's start with the schools. Richard McBride Elementary School is conveniently located just 0.29 km from this property, with a rating of 6.1/10. Families love this school for its supportive staff and engaging curriculum.
For families looking for an independent school option, St. Michael's School is just a short 1.2 km away, with an impressive rating of 9.9/10. Carver Christian High School is also nearby, offering a secondary independent school option with a rating of No Rating, located 1.28 km from this home.
Safety First: Crime Statistics
According to the latest crime data from Statistics Canada (2020), this neighbourhood has an average crime rate of 6,761.11, which is typical for Canadian cities. There were 5,584 reported disturbances in the area, with a year-over-year change of -10.42%. For those concerned about drug-related crimes, the rating is Below Average, with 134.4 incidents and a -5.34% year-over-year change.
Property Crimes and Violent Offenses
Property crimes in the area are Average, with a rating of 3,807.97 and 3,145 incidents in 2020. The violent crime rate is also Average, with 1,143 reported incidents and a -5.91% year-over-year change.
Convenience and Accessibility
Getting around is easy, with the Eastbound Hospital St @ E Columbia St bus station just 0.18 km away from this property.
Demographics and Lifestyle
This neighbourhood is home to a diverse population, with 27.9% of residents holding a university certificate or degree, which is Above Average for BC. However, 9.9% of the population has no certificate or degree, which is Low compared to the average in BC.
The median household income is $67,104, which is Average for British Columbia. However, the median personal income is $36,982, which is Above Average. A significant 72.2% of households in this area have a mortgage, which is High.
Unemployment and Population Growth
The unemployment rate in this area is 6.4%, which is Below Average for the province. The population growth between 2011 and 2016 was 4.4%, which is Above Average for this region.
Transportation and Commuting
With a population density of 2,380.9 people per square kilometre, this area is quite dense. However, 35.9% of the population uses public transportation, which is High. Cars are also a popular mode of transportation, with 53.8% of the population using them, which is Low. Bicycles are used by 0.8% of the population, which is Below Average, while 8.4% of the population walks, which is Above Average.
Real Estate Context
This property is part of a thriving community with a mix of single-family homes and apartments. The average value of dwellings in this area is $718,636, which is High compared to other areas in British Columbia. Average owner payments are also High, at $1,635 per month. Tenants pay an average of $1,013 per month, which is Average.
Renters and Ownership
A significant 44.7% of the population in this area are renters, which is Above Average for BC. The average age of the population is 39.8, which is Below Average for BC.
Language and Culture
The language spoken at home is primarily English, with 90.5% of the population speaking only English. French is spoken by 0.1% of the population, which is Low. Neither English nor French is spoken by 1.6% of the population, which is Above Average.
This property at 350 Keary Street, New Westminster, BC (MLS® R3082703) is a great opportunity to own a piece of this vibrant community. Whether you're a family or a young professional, this home offers a convenient location, excellent schools, and a mix of amenities and services.
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