1217 SIXTH AVENUE
New Westminster, BC V3M2C1
$1,700,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,164 square feet
- Frontage
- 66 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,623.91 (2025)
Interior
- Basement
- Finished, Unknown, Unknown
- Heating
- Forced air, Natural gas, Hot Water
- Fireplace
- None
Parking
- Total spaces
- 2
Listing Information
- MLS®
- R3095930
- Listed
- March 4, 2026
- Time on market
- On the market for 180 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
"INVESTOR ALERT: "CASH MACHINE" + 6-PLEX POTENTIAL! Secure a high-value holding in the heart of New Westminster that works for you today and builds your future tomorrow. This exceptional 8,164 sq. ft. corner lot features a 66' frontage and currently operates as a profitable rooming house generating $8,900/month in rental income. Buy it, hold it, and let it pay you while you plan your next move. With significant 6-plex development potential, this is a rare opportunity for savvy investors to secure a prime site in a premier location. Zoned RD-1, the property is steps from the 12th St corridor, schools, and transit. This is a COURT ORDERED SALE sold "As-Is, Where-Is." All development potential is to be verified by the buyer . Don't miss this chance to own an income-generating asset (id:63159)
Values & Trends
This listing
$470/sqft
Building average
—
No other active listings in this building
New Westminster average
$734/sqft
146 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — New Westminster
Monthly figures from the Fraser Valley Real Estate Board for New Westminster detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,384,300
Jul 2026
Average Sale Price
$1,457,269
Jul 2026
Monthly Sales
13
Jul 2026
Active Listings
161
Jul 2026
Sales-to-Active Ratio
8.0%
Jul 2026
Median Days to Contract
18 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
78,916
(2021 Census)
+11.2% since 2016
Density: 5,052.2/km²
Dwellings: 37,737
Median household income: $82,000
After-tax: $72,500
Immigrant population: 37.5%
Top countries of origin (% of total population)
- Philippines6.4% · 5,050
- India4% · 3,135
- China3.6% · 2,880
- United Kingdom1.6% · 1,285
- Hong Kong1.6% · 1,250
- Korea, South1.4% · 1,085
- United States of America1% · 785
- Taiwan0.9% · 725
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
48
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Lord Kelvin Elementary | Elementary | 441 m |
| John Knox Christian - Secondary Campus(Independent) | K-12 | 726 m |
| Lord Tweedsmuir Elementary | Elementary | 766 m |
| Our Lady of Mercy(Independent) | Elementary | 855 m |
| St. Thomas More Collegiate(Independent) | Secondary | 969 m |
| Sigma | Secondary | 1.1 km |
| Royal City Alternate Program | Secondary | 1.1 km |
| Twelfth Avenue Elementary | Elementary | 1.1 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Westbound 6th Ave @ 12 St | — | 83 m |
| Southbound 12 St @ 6th Ave | — | 139 m |
| Eastbound 6th Ave @ 14 St | — | 148 m |
| Northbound 12 St @ Nanaimo St | — | 149 m |
| Eastbound 6th Ave @ 12 St | — | 157 m |
Nearby Places
Restaurants (5+)
- Indian Courtyard Restaurant · 609 Twelfth Street134 m
- Shiok Canteen141 m
- Amelia Restaurant176 m
- Wild Thyme · 705 Twelfth Street227 m
- Don Chepe's · 1122 Fifth Avenue288 m
Cafes (5+)
- Sago To Go · 813 Twelfth Street464 m
- Happy Mom's Cafe · 821 Twelfth Street485 m
- Kamini's Corner Cafe · 909 Twelfth Street661 m
- Connections Café678 m
- You N Me' Cafe · 921 Twelfth Street737 m
Grocery (1)
- Gospa's Delightful Food · 718 Twelfth Street305 m
Parks (3)
- Riverside Adventure Park281 m
- Moody Park627 m
- Cornwall Park672 m
Gyms (1)
- Anytime Fitness775 m
Pharmacies (1)
- PharmaChoice · 866 Twelfth Street607 m
Banks & ATMs (1)
- Community Savings Credit Union395 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($340,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





