349-351 Cumberland St, New Westminster, BC, MLS® R3049578

$2,200,000
Est. Mortgage /mo

$2,200,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 10281 sqft
2710 sqft
1940 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

349-351 Cumberland St, New Westminster, BC | MLS® R3049578 Property Details

RARELY AVAILABLE! Opportunity to own an extremely well-maintained Spanish style TRIPLEX property on 10,281 sq ft RT-1 zoned lot in desirable Sapperton neighbourhood close to transit, new Aquatics center, schools, parks, shopping, RCH, restaurants, HWY-1 & more. 3 SEPARATE SUITES! 351 side features 2 Beds & 1 Bath, 2 levels, renovated kitchen & bath, some updated windows, rec room & laundry down. 349 side has 2 Beds/1 Bath suite w laundry on the main & 1 Bed/1 Bath self-contained suite below. Each unit has separate outdoor patio/backyard. 194 sq ft storage room at bottom of 349. Beautifully landscaped & private backyard w back lane access & open parking for ~8 vehicles. GREAT HOLDING PROPERTY in Bill 47 & TOD zone, possible for $75,000/annum rental income or more. *SHOWINGS BY PRIVATE APPT*

General Info

Price $2,200,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2710
Lot Size 10281
Lot Size Depth Feet
Lot Size Frontage 69
Basement Full, Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1940
Age Of Building 85
Building Type Triplex
Property Type Residential Income
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R3049578
Area New Westminster
Neighbourhood Sapperton
City New Westminster
Gross Taxes $7,325.41
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, RV Access/Parking, Rear Access, Asphalt
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning RT-1
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Mixed, Softwood
Foundation Concrete Perimeter
Locker -
View 1
View Description City & Fraser River & mountain
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: RE/MAX All Points Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Richard McBride Elementary School
Average
0.68 km
6.1/10
Middle
École Glenbrook Middle School
1.05 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Urban Academy
1.54 km
Elementary, Secondary
Urban Academy
1.54 km

Closest Transit

Bus Stop
Eastbound Cumberland St @ Richmond St
0.11 km
Skytrain
Skytrain @ Sapperton Stn
0.67 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Possible

Welcome to 349-351 Cumberland Street, a beautiful property nestled in the heart of Sapperton, New Westminster, BC, listed as MLS® R3049578. As we walk through this charming neighborhood, I'd love to share with you the unique features and benefits that make it an ideal place to call home.

Schools:

Located just a short 0.68 km from your doorstep, Richard McBride Elementary School is a top-rated institution with a rating of 6.1/10. This school is a great option for families, and I've seen firsthand how much the community values its educational system. Just down the road, you'll find Urban Academy, an independent school with an impressive rating of 8.9/10, located 1.54 km from your home.

Crime:

According to the latest statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11 incidents per 100,000 population. While it's essential to acknowledge the numbers, it's reassuring to note that the crime rate has decreased by 10.42% year-over-year. The good news is that the property crimes rate in this area is average, with 3,145 incidents reported in 2020. As for violent crimes, the rate is also average, with 1,143 incidents reported in 2020. Your safety and well-being are top priorities, and I'm happy to report that this neighborhood offers a relatively low drug crime rate, with 111 incidents reported in 2020.

Demographics:

This vibrant neighborhood is home to a diverse population, with 27.9% of residents holding a university certificate or degree, which is above average for British Columbia. The median household income is $67,104, which is average compared to the BC average. However, the median personal income is $36,982, which is above average. It's interesting to note that 44.7% of the population in this area are renters, which is above average for BC cities.

Transit:

Convenience is just a step away from your front door, with the Eastbound Cumberland St @ Richmond St bus station located just 0.11 km away from this property with MLS® R3049578. You'll also appreciate the proximity to major highways and public transportation options, making it easy to get around New Westminster and beyond.

Lifestyle Amenities:

Sapperton is a vibrant community with a wide range of lifestyle amenities. You'll find plenty of parks, beaches, and trails to explore, as well as dog parks for your furry friends. The area is also home to a variety of shopping centers, grocery stores, restaurants, and coffee shops, making it easy to find what you need without leaving the neighborhood. Plus, you're just a short drive from the beautiful Fraser Valley and the scenic roads that wind their way along the river.

Real Estate Context:

As for the real estate itself, the average dwelling value in this neighborhood is $718,636, which is high compared to other areas in British Columbia. With an average owner payment of $1,635 and average tenant payments of $1,013, you'll find that this property offers excellent value for its price. Plus, with 72.2% of households owning their homes, you'll be part of a community that values property ownership.

Community:

This neighborhood is a tight-knit community, with a strong sense of belonging and a commitment to supporting local businesses and initiatives. You'll find a diverse range of residents, from families to young professionals, all enjoying the benefits of living in Sapperton.

In conclusion, 349-351 Cumberland Street, New Westminster, BC, listed as MLS® R3049578, is a unique and desirable property that offers a range of benefits and amenities. From its excellent schools to its vibrant community, this neighborhood has something for everyone. I'm confident that you'll fall in love with this property and the charming community that surrounds it.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,200,000
New Westminster No comparables
Sapperton No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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