$1,999,000
349-351 CUMBERLAND STREET
Beds
5
Baths
3
Sqft
—
Year
1940
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for New Westminster. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
RARELY AVAILABLE! Opportunity to own an extremely well-maintained Spanish style TRIPLEX property on 10,281 square 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 square ft storage room at bottom of 349. Beautifully landscaped & private backyard w back lane access & open parking for ~8 vehicles. GREAT INVESTMENT & HOLDING PROPERTY located in the Bill 47 zone & within the Transit Orientated Development Zone. Potential to REZONE & SUBDIVIDE the 10,281 square ft lot. Possible for $75,000/annum rental income or more. *SHOWINGS BY PRIVATE APPOINTMENT* (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 2,710 square feet
- Lot size
- 10,281 square feet
- Lot dimensions
- 10281
- Parking
- 8 total
- On market
- Sep 25, 2025
- Status changed
- Apr 29, 2026
- Annual tax
- $7,325.41 (2025)
- Photos
- 40
- MLS#
- R3052074
- Area
- NEW_WESTMINSTER
Features and systems
Parking
Basement
Appliances
Heating
Lot
View
Cash on cash
-6.30%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,208
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for New Westminster. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.