448 Rousseau Street is a rare income-producing multi-unit asset in the heart of Sapperton, offering immediate revenue, flexible value-add potential, and strategic long-term upside within New Westminster’s evolving transit-oriented development corridor

Set on a 5,107 sq. ft. lot with approximately 2,997 sq. ft. of finished area, this 6-bedroom, 4-bathroom rancher/bungalow with basement is configured for strong in-place income and multiple future strategies. The property is currently tenant occupied, generates approximately $8,600 per month gross or $103,200 annually, and includes revenue from the upper suite, two lower suites, and the garage/shop area.

Positioned approximately 550 metres from Braid SkyTrain Station, the property benefits from exceptional connectivity and exposure to the area’s broader redevelopment trajectory. The deck identifies the site as being within a Tier 3 TOD corridor, while also noting CS-1 Commercial zoning, rear-access double garage parking, and a straightforward path to further income optimization through reconfiguration of the upper portion of the home

PROPERTY DETAILS

  1. Address
  2. List Price
  3. Neighbourhood
  4. Property Type
  5. Style
  6. Year Built
  7. Total Finished Area
  8. Lot Size
  9. Bedrooms
  10. Bathrooms
  11. Zoning
  12. TOD Positioning
  13. Parking
  14. Occupancy
  • 448 Rousseau Street, New Westminster, BC, V3L 3R3
  • $1,750,000
  • Sapperton
  • Multi-unit income property / house with suites
  • 448 Rousseau Street, New Westminster, BC, V3L 3R3
  • 1955
  • 2,997 sq. ft.
  • 5,107 sq. ft
  • 6
  • 4
  • CS-1 Commercial
  • Identified in the deck as Tier 3 TOD, approximately 550m to Braid Station
  • Double garage with rear access
  • Tenant occupied / income in place

INCOME PROFILE

Income Source

  • Lower Suite A
  • Lower Suite B
  • Garage / Shop Area
  • Total Gross Monthly Income
  • Total Gross Annual Income

Approx. Monthly Income

  • $1,500
  • $1,500
  • $1,400
  • $8,600
  • $103,200

Kelowna

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