Prime Development Location! 2,696 sq.ft. Income Property Exceptional opportunity in a rapidly growing prime area! This spacious 2,696 sq.ft. home offers incredible structural bone and holding income with a stable 15-year tenant. While it needs cosmetic TLC, look past the surface to see the massive potential to update and maximize value. Layout: 3 beds & 2 baths upstairs. 2 beds, 1 bath & kitchen downstairs with a separate entrance—perfect future mortgage helper. Major Upgrades: Peace of mind with a torch-on roof (2010), high-efficiency furnace (2019), laminate flooring (2008), repaired deck/balcony (2011), and new fridge (2021). Ideal for investors seeking a solid holding property for future redevelopment, or buyers looking to sweat-equity this into a gem with massive rental upside.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Basement Entry
Ownership:
Freehold NonStrata
Year built:
1972
(Age: 54)
Living Area:
2,696 sq. ft.250 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
2,696 sq. ft.250 m2
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
3.0
(Full:2/Half:1)
Kitchens:
2
Rooms:
12
Taxes:
$6,167.01 /
2025
Lot Area:
7,857 sq. ft.730 m2
Lot Frontage:
65'11"20.1 m
Lot Details:
65.94 x
Water Supply:
Public
Plan:
NWP15140
Construction Materials:
Frame Wood, Stucco, Wood Siding
Foundation:
Concrete Perimeter
Basement:
Full
Roof:
Torch-On
No. Floor Levels:
2.0
Floor Finish:
Mixed
Floor Area Fin - Above Grade:
1,578 sq. ft.147 m2
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,578 sq. ft.147 m2
Floor Area Fin - Below Main:
0 sq. ft.0 m2
Floor Area Fin - Below Grade:
1,118 sq. ft.104 m2
Floor Area Fin - Basement:
1,118 sq. ft.104 m2
Floor Area Fin - Total:
2,696 sq. ft.250 m2
Heating:
Natural Gas
Fireplaces:
2
Fireplace Details:
Wood Burning
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Front Access
Parking:
Garage Double
# Of Parking Spaces - Total:
6
# Of Covered Spaces:
2.0
Parking Total/Covered:
6 / 2
Suite:
Unauthorized Suite
Exterior Entry
2
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
LOT 2, BLOCK 11, PLAN NWP15140, SECTION 14, RANGE 2, NEW WESTMINSTER LAND DISTRICT, EXCEPT PLAN 57936
Floor
Type
Size
Other
Main
Living Room
18'6"5.64 m × 13'3.96 m
-
Main
Dining Room
12'6"3.81 m × 12'3.66 m
-
Main
Kitchen
18'4"5.59 m × 10'2"3.10 m
-
Main
Family Room
18'4"5.59 m × 11'5"3.48 m
-
Main
Primary Bedroom
14'4.27 m × 12'3.66 m
-
Main
Bedroom
12'10"3.91 m × 11'5"3.48 m
-
Main
Bedroom
10'4"3.15 m × 9'4"2.84 m
-
Below
Living Room
17'2"5.23 m × 12'11"3.94 m
-
Below
Kitchen
13'3.96 m × 11'9"3.58 m
-
Below
Bedroom
12'1"3.68 m × 11'1"3.38 m
-
Below
Bedroom
10'9"3.28 m × 9'1"2.77 m
-
Below
Laundry
9'2.74 m × 7'5"2.26 m
-
Floor
Ensuite
Pieces
Other
Main
No
3
Main
No
2
Below
No
3
Age Restrictions:
No
Tax Utilities Included:
false
Property Disclosure:
Yes
Fixtures Leased:
No
Fixtures Removed:
No
Home Owners Association:
No
Previous Price:
$1,298,560
Original Price:
$1,298,560
Land Lease:
No
Zoning:
SFD
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer
Two-story residence featuring a stone and siding exterior, established landscaping, and a patterned concrete fence
Two-story residence featuring a lower level with stone facade, upper level with horizontal siding, and a second-story balcony with metal railing
Data was last updated August 2, 2026 at 04:40 PM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$1,199,999
Min list price:
$250,000
Max list price:
$3,000,000
Avg days on market:
67
Min days on market:
4
Max days on market:
604
Avg price per sq.ft.:
$552.4
These statistics are generated based on the current listing's property type
and located in
Bolivar Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.