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423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076


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423 Sixth Street
Queens Park New Westminster V3L 3B1

$2,850,000
Multi-Family Commercial

Bungalow with covered porch and a shingled roof
Photo 1: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 2: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 3: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 4: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 5: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 6: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 7: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 8: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 9: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 10: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 11: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 12: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 13: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 14: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Photo 15: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8071076
Build. Type:
Mul Tenant/MultiPlex (5+)
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Mul Tenant/MultiPlex (5+)
# Units Total:
0
# Other Units:
0
# of Apartments:
5
# of Studio Apartments:
1
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
1
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
1
Year built:
1890 (Age: 135)
Living Area:
4,547 sq. ft.
Subject Property Depth:
148'
Subject Property Width:
66'
Lot Area:
10,018.8 sq. ft.
Zoning:
Potential to Redevelop:
SEE REMARKS, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Mixed
Electricity:
No
Services Connected:
Curb/Gutter, Fully Serviced, Natural Gas Connected, Sidewalk
Sewer:
Public Sewer
Parcel Number:
008451613
Taxes:
$10,593.89 / 2024
Laundry Facility, Outside Storage, Paved Yard
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
SEE REMARKS, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Bungalow with covered porch and a shingled roof
  • Photo 2: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of home's exterior with uncovered parking
  • Photo 3: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of outbuilding
  • Photo 4: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of front of home with covered porch and a shingled roof
  • Photo 5: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of front of property with a porch and stairs
  • Photo 6: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Exterior view of mail area
  • Photo 7: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of exterior entry featuring covered porch
  • Photo 8: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Kitchen featuring open shelves, white appliances, light flooring, and light countertops
  • Photo 9: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Bedroom featuring hardwood / wood-style flooring and crown molding
  • Photo 10: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Half bath with toilet and wallpapered walls
  • Photo 11: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Full bathroom with a soaking tub, radiator heating unit, crown molding, and a shower with curtain
  • Photo 12: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of dining room
  • Photo 13: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Bedroom with wood finished floors, a chandelier, beamed ceiling, and coffered ceiling
  • Photo 14: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    View of exterior entry
  • Photo 15: 423 Sixth Street in New Westminster: Queens Park Multi-Family Commercial for sale : MLS®# C8071076
    Laundry room featuring washing machine and clothes dryer
Listed by Dexter Realty
Data was last updated August 3, 2025 at 09:40 PM (UTC)
Eric Lin
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