Property Type: Detached HouseOwnership: Freehold

454 ROUSSEAU STREET

New Westminster, BC V3L3R3

$1,590,000

6 bed3 bath2 parking2,137 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
5,108 square feet
Frontage
45.2 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,099.57 (2025)

Interior

Basement
Full, Separate entrance, Unknown
Heating
Baseboard heaters, Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3109448
Listed
April 9, 2026
Time on market
On the market for 144 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.

Description

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:63159)

Values & Trends

This listing

$744/sqft

Building average

No other active listings in this building

New Westminster average

$732/sqft

146 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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

$1,650,000
$1,376,300
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

22

5/9 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

SchoolTypeDistance
Urban Academy Senior(Independent)K-1284 m
Urban Academy Junior(Independent)Elementary84 m
St. Michaels(Independent)Elementary1.0 km
Skwo:wechElementary1.1 km
Alderson ElementaryElementary1.3 km
Our Lady of Fatima(Independent)Elementary1.4 km
Armstrong ElementaryElementary1.7 km
F W Howay ElementaryElementary2.0 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

StopTypeDistance
Westbound Braid St @ Rousseau St151 m
Eastbound Braid St @ Fader St294 m
Braid Station @ Bay 1346 m
Westbound Braid St @ Fader St360 m
Braid Station @ Bay 2364 m

Nearby Places

Restaurants (5+)

  • Bruncheria · 502 East Columbia Street481 m
  • Sushi Heaven · 457 East Columbia Street501 m
  • Thai New West · 424 East Columbia Street503 m
  • Proud Up Restaurant · 418 East Columbia Street513 m
  • Gino's Restaurant519 m

Cafes (4)

  • Fratelli · 459 East Columbia Street504 m
  • Starbucks · 411 East Columbia Street546 m
  • Unnamed729 m
  • Corner Cafe775 m

Parks (2)

  • Hume Park647 m
  • Sapperton Park686 m

Gyms (2)

  • 30 Minute Hit · 425 East Columbia Street533 m
  • Snap Fitness721 m

Pharmacies (5+)

  • Indigo Pharmacy · 447 East Columbia Street506 m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street523 m
  • The Medicine Shoppe · 413 East Columbia Street543 m
  • Columbia Prescription XPress · 317 East Columbia Street664 m
  • Pure Integrative Pharmacy · 301 East Columbia Street736 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($318,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,272,000.00
Periodic payment — Principal & Interest (monthly)$8,206.51
Additional monthly expenses (strata, tax, utilities, etc.)$615.30
Total monthly cost$8,821.81
Interest paid over 5-yr term$364,558.86
Balance at end of term$1,144,168.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$318,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,781.23

Cash Needed at Closing

Minimum down payment$318,000
Estimated BC PTT$29,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$349,300

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.

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