Rare Investment Opportunity in Prime RT-2 Zoned! Exceptional corner lot property offering both strong rental income and future land value potential. Thoughtfully renovated and converted into 3 separate rental suites in 2023, each has its own dedicated kitchen, washer & dryer. Currently generating over $7000/month rental income, offering immediate cash flow for investors. Situated within the TOA Tier 2 area, perfect for investors to hold for future high-density assembly, multi-generational families, or buyers looking to live in one suite and collects rents. A rare combination of RT-2 zoned corner lot advantage, multiple income streams, and excellent location near transit, parks, restaurants and supermarkets. Please do not disturb tenants!
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1981
(Age: 45)
Living Area:
2,196 sq. ft.204 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
2,196 sq. ft.204 m2
Levels:
Two
Bedrooms:
7
(Above Grd: 7)
Bathrooms:
3.0
(Full:3/Half:0)
Kitchens:
3
Rooms:
16
Taxes:
$8,390.47 /
2025
Lot Area:
3,696 sq. ft.343 m2
Lot Frontage:
33'10.1 m
Lot Details:
33 x 110
Outdoor Area:
Fenced
Water Supply:
Public
Plan:
VAP2296
Construction Materials:
Concrete, Concrete Frame, Stucco
Foundation:
Concrete Perimeter
Basement:
Exterior Entry
Property Condition:
Renovation Addition, Renovation Other
Roof:
Other
No. Floor Levels:
2.0
Floor Finish:
Laminate, Mixed
Floor Area Fin - Above Grade:
2,196 sq. ft.204 m2
Floor Area Fin - Above Main:
1,098 sq. ft.102 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,098 sq. ft.102 m2
Floor Area Fin - Below Main:
0 sq. ft.0 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
2,196 sq. ft.204 m2
Heating:
Forced Air
Parking Features:
Additional Parking, Lane Access, Side Access
Parking:
Additional Parking
# Of Parking Spaces - Total:
2
# Of Covered Spaces:
1.0
Parking Total/Covered:
2 / 1
Suite:
Unauthorized Suite
2
LOT 27, BLOCK 4, PLAN VAP2296, DISTRICT LOT THSL, SECTION 38 S E QTR, NEW WESTMINSTER LAND DISTRICT
Data was last updated July 23, 2026 at 01:40 AM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$1,750,000
Min list price:
$589,900
Max list price:
$8,000,000
Avg days on market:
71
Min days on market:
1
Max days on market:
475
Avg price per sq.ft.:
$971
These statistics are generated based on the current listing's property type
and located in
Renfrew Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.