Prop. Type: 
                Residential Income 
             
         
        
	
        
        
        
				  
				
				
        423 Sixth Street offers the opportunity to acquire a three-storey multi-family revenue property in the heart of New Westminster. The property generates over $200,000 in annual gross income and is designated for future higher-density redevelopment. Built in 1890, the home sits on a 9,801 sq. ft. lot (zoned C-2) and features five self-contained authorized suites on the upper floors plus a basement. The property contains five parking stalls for tenants as well as two garage units that are currently rented out as storage. The property is designated Mixed Use – Low Rise under the New Westminster Official Community Plan (OCP), which allows for the construction of a medium density mixed-use building.
General Info: 
Property Type: 
Residential Income 
 
Dwelling Type: 
Other 
 
Home Style: 
Two Levels 
 
Ownership: 
Freehold NonStrata 
 
Manufactured Type: 
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Year built: 
1890
(Age: 135)
 
 
 
Living Area: 
4,547 sq. ft. 422 m2  
Floor Area - Unfinished: 
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Floor Area - Detached 2nd Residence: 
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Building Area - Total: 
4,547 sq. ft. 422 m2  
Levels: 
Two 
 
Rainscreen: 
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Bedrooms: 
5
(Above Grd: 5)
 
 
 
Bathrooms: 
5.0
(Full:5/Half:0)
 
 
 
Kitchens: 
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Rooms: 
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Taxes: 
$10,593.89 /
2024
 
 
Lot Area: 
9,801 sq. ft. 911 m2  
Lot Frontage: 
66' 20.1 m  
Lot Details: 
66 x 148.00 
 
Exposure / Faces: 
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Rear Yard Exposure: 
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Outdoor Area: 
No Outdoor Area 
 
Pad Rental: 
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# or % of Rentals Allowed: 
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Water Supply: 
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Plan: 
NWP2620 
 
 
Additional Info: 
Construction Materials: 
Frame Wood, Mixed (Exterior), Wood Siding 
 
Foundation: 
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Basement: 
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Property Condition: 
Renovation Partly 
 
Full Height: 
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Crawl Height: 
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Roof: 
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No. Floor Levels: 
2.0 
 
Other Structures: 
Shed(s) 
 
Floor Finish: 
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Floor Area Fin - Above Grade: 
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Floor Area Fin - Above Main: 
1,312 sq. ft. 122 m2  
Floor Area Fin - Above Main 2: 
0 sq. ft. 0 m2  
Floor Area Fin - Main: 
1,995 sq. ft. 185 m2  
Floor Area Fin - Below Main: 
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Floor Area Fin - Below Grade: 
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Floor Area Fin - Basement: 
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Floor Area Fin - Total: 
4,547 sq. ft. 422 m2  
Heating: 
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Parking Features: 
Other, Front Access, Concrete 
 
Parking: 
Other 
 
# Of Parking Spaces - Total: 
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# Of Covered Spaces: 
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Parking Total/Covered: 
5 / -
 
 
Driveway: 
Concrete Parking 
 
Flood Plain: 
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Suite: 
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Exterior Features: 
No Outdoor Area 
 
 
Security Features: 
Fire Sprinkler System, Smoke Detector(s) 
 
 
Features Included: 
Other Structures - Shed(s), Window Coverings, Fire Sprinkler System, Smoke Detector(s) 
 
 
Features Included: 
Dishwasher, Refrigerator 
 
 
Appliances: 
Washer/Dryer, Dishwasher, Refrigerator, Stove 
 
 
Window Features: 
Window Coverings 
 
 
Other Details: 
Council Approval: 
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Income Per Annum: 
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Oper. Expenses: 
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Net Operating Income: 
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Age Restrictions: 
No 
 
By-Law Infractions: 
N 
 
Income as at Date: 
Jan 01, 2025 
 
Dist to Public Trans: 
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Dist to School Bus: 
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Property Disclosure: 
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Fixtures Leased: 
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Fixtures Removed: 
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# Units Total: 
4 
 
# Bachelor Units: 
1 
 
# 1Bdrm Units: 
1 
 
# 2Bdrm Units: 
1 
 
# 3Bdrm Units: 
1 
 
Home Owners Association: 
No 
 
 
Land Info: 
Land Lease: 
No 
 
Zoning: 
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Access to property: 
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Utilities: 
Electricity Connected, Natural Gas Connected, Water Connected 
 
Telephone Service: 
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Fencing: 
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Sewer: 
Public Sewer 
 
Plumbing Details: 
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Sketch Attached: 
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Restrictions: 
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