454 ROUSSEAU STREET, New Westminster

About This Property

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. (id:65271)

Full Listing Specifications

MLS® Number

R3109448

Property Type

Detached House

Bedrooms

6

Bathrooms

3

Living Area

2,137 sqft

Lot Size

5,108 sqft

Annual Taxes

$6,100

City

New Westminster

Postal Code

V3L3R3

Neighbourhood Insight