523 Kelly St, New Westminster BC - Single Family Residence for Sale - MLS# R3123297

$1,999,000
Est. Mortgage $8,844/mo
5 Beds
4 Baths
2110 sqft
947 $ /sqft
1950 built
$1,999,000
Est. $8,844/mo with 20% down
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

Photos

Property Details for 523 Kelly Street

INVESTOR/DEVELOPER ALERT! This prime corner lot in Sapperton is located within the Transit Oriented Development (TOD) Area. On Feb 23, 2026, Council adopted an OCP update reflecting new land use designations and densities enabled by provincial legislation. Skip complex assemblies—preliminary plans allow for 3.0 FSR, featuring 14 units and a daycare on this single lot. A proven cash flow generator, the renovated home includes 5 bedrooms, 3 bathrooms, and 3 kitchens—an ideal "hold and develop" play. Situated next to Hume Park and walking distance to Sapperton Park and E Columbia St shops. This is a strategic addition to any portfolio in one of BC’s most connected hubs. Bring your vision to this quiet, tree-lined street in the heart of the Royal City!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 3
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,999,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2110
Year Built 1950
Age Of Building 76
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single
Total Parking Spaces 1
Rental Suites None

Lot & Land

Lot Size 5085.39
Lot Size Depth Feet
Lot Size Frontage 44.99
MLS® # R3123297
Area New Westminster
Neighbourhood Sapperton
City New Westminster
Postal Code V3L 3V1
Gross Taxes $6,244.45
Zoning RS-1

Property Timeline

Status Date Price
R3123297 / Active 05-13-2026 $1,999,000
R3103518 / Terminated 03-25-2026 $2,099,000
R2873711 / Sold 06-24-2024 $1,499,000
Rooms
Floor Type Dimensions
Main Level Kitchen 12'8 x 12'8 ft
Main Level Dining Room 8'11 x 8'11 ft
Main Level Living Room 13'4 x 13'4 ft
Main Level Primary Bedroom 11' x 11' ft
Main Level Bedroom 9'6 x 9'6 ft
Above Level Bedroom 12'9 x 12'9 ft
Below Bedroom 14'4 x 14'4 ft
Basement Level Kitchen 9'0 x 9'0 ft
Basement Level Kitchen 8'0 x 8'0 ft
Above Level Bedroom 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #2
Above Level Yes #4

Listed by: Stonehaus Realty Corp.

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.

Map & Neighbourhood

Closest Transit

Bus Stop
Northbound E Columbia St @ Braid St
0.14 km
Skytrain
Skytrain @ Braid Stn
0.59 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
27.9%
No Certificate/Degree
Below Average
9.9%
Owner Occupied
Average
72.2%
Employment Rate
Average
61.3%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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
Unlikely

Sell Speed & Competition

38 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $1,849,075
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.59 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SAPPERTON compares
This property
58 DOM
Slower than area
Sapperton avg
40 DOM
Average
New westminster avg
40 DOM
Faster market

523 Kelly Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 7.5% above comparable active properties in Sapperton. The local market is currently a Buyer's Market with a sales-to-active ratio of 10% and an area average of 40 days on market — buyers have more leverage. With only 110 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3L 3V1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 3V1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~0.7 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 523 Kelly Street

Pre-computed routes from 523 Kelly St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Braid → Waterfront
    40 min
  • Metrotown, Burnaby via Braid → Metrotown
    25 min
  • SFU Burnaby via Braid → Production Way
    15 min
  • Richmond Centre via Braid → Brighouse
    65 min
  • YVR Airport via Braid → YVR-Airport
    66 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    20 min
  • Metrotown, Burnaby via Lougheed Hwy
    10 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    23 min
  • YVR Airport via Bridgeport / Sea Island
    26 min

Calculate your commute

523 Kelly St, New Westminster, BC is ideally located for commuters. The property is 0.6 km from Braid, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound E Columbia St @ Braid St (0.14 km). Walk Score Transit rating: Excellent Transit (75/100).

Walkability & Transit Near 523 Kelly Street

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 523 Kelly Street

/month
Principal & Interest
Property Taxes $520
Maintenance fee 0
Financing 80% of the $1,999,000 asking price over 30 years at 4% results in approximately $8,155/month in total estimated carrying costs, $520 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $7,365/month in rental income, leaving a -$998/month cashflow at current carrying costs. Investors targeting break-even would need roughly 31% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Sapperton, New westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $1,999,000
New westminster Loading...
Sapperton Loading...

No active comparable properties are currently available for this property type in New westminster. The price evaluation chart will update as similar listings enter the market.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $12,519
0 of 38 missions

Sign up on Estateblock.com

$626 / 5.00%

Sign up on EstateBlock.com

$250 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 523 Kelly Street

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Similar Single Family Residences for Sale in Sapperton

Recently Sold Homes Near 523 Kelly Street