Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · New Westminster

630 Twelfth Street

New Westminster, BC V3M4J4

$1,449,900

103 days on market

Bedrooms
0
Bathrooms
0
Floor area
1,000 sq ft
Type
Retail
Taxes
$17,630.65 (2026)
MLS®
C8079919

About this home

A rare C2-zoned holding property in one of New West's strongest growth corridors. The building features a newly renovated restaurant space alongside a separate, self-contained residential unit ' fully leased and income-producing on month-to-month tenancies, giving an investor flexibility to hold and collect now or move toward redevelopment on their own timeline. The real upside is the land. Offered in conjunction with the adjacent 628 Twelfth Street, the combined site assembles approximately 62 feet of frontage ' a development-scale parcel with potential for a 4 storey mixed-use or multifamily residential building, subject to City of New Westminster approvals. Build, hold, or land-bank in a walkable, transit-friendly location close to shops, dining, and amenities. Must be sold in conjunction with 628 Twelfth Street. All tenancies are month-to-month.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$6,420
Strata fee$0
Property taxannual ÷ 12$1,469
Est. monthly total$7,889
Down payment + BC property transfer taxbefore any first-time buyer exemption$316,978

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Listing courtesy of Oakwyn Realty Ltd. View on REALTOR.ca

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