Property Type: Detached HouseOwnership: Freehold

1309 EDINBURGH STREET

New Westminster, BC V3M2W1

$1,470,000

3 bed2 bath3 parking2,324 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Lot size
7,260 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,275.24 (2025)

Interior

Basement
Finished, Full, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3151492
Listed
July 31, 2026
Time on market
On the market for 32 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

INVESTOR/BUILDER ALERT! A rare opportunity in a well-established New Westminster neighbourhood, this property offers an exceptional canvas for builders, investors, or future homeowners seeking a premium redevelopment lot. Set on a generous 66' x 110' (7,260 sq. ft.) parcel, it presents outstanding potential for a custom residence in a mature, highly regarded residential setting. The existing 2,324 sq. ft. bungalow with basement includes 3 bedrooms and 2 bathrooms, with the true value found in the land, scale, and long-term possibilities. Ideally located close to parks, shopping, transit, New Westminster Secondary, Fraser River Middle, and École Lord Tweedsmuir. Don't miss out on a rare blend of location, lot size, and opportunity in a sought-after community. (id:63159)

Values & Trends

This listing

$633/sqft

Building average

No other active listings in this building

New Westminster average

$733/sqft

146 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,384,300

Jul 2026

Average Sale Price

$1,457,269

Jul 2026

Monthly Sales

13

Jul 2026

Active Listings

161

Jul 2026

Sales-to-Active Ratio

8.0%

Jul 2026

Median Days to Contract

18 days

Jul 2026

MLS® HPI Benchmark Price

$1,650,000
$1,376,300
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

78,916

(2021 Census)

+11.2% since 2016

Density: 5,052.2/km²

Dwellings: 37,737

Median household income: $82,000

After-tax: $72,500

Immigrant population: 37.5%

Top countries of origin (% of total population)

  • Philippines6.4% · 5,050
  • India4% · 3,135
  • China3.6% · 2,880
  • United Kingdom1.6% · 1,285
  • Hong Kong1.6% · 1,250
  • Korea, South1.4% · 1,085
  • United States of America1% · 785
  • Taiwan0.9% · 725

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Our Lady of Mercy(Independent)Elementary492 m
St. Thomas More Collegiate(Independent)Secondary552 m
Lord Kelvin ElementaryElementary579 m
Lord Tweedsmuir ElementaryElementary608 m
Twelfth Avenue ElementaryElementary818 m
SigmaSecondary941 m
Byrne Creek Community SecondarySecondary993 m
New Westminster SecondarySecondary1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound 8th Ave @ 14 St135 m
Westbound 8th Ave @ 14 St149 m
Northbound 12 St @ 8th Ave257 m
Northbound 12 St @ Dublin St274 m
Southbound 12 St @ 8th Ave277 m

Nearby Places

Restaurants (5+)

  • Vadapav Mirchi220 m
  • D Roti Shak · 808 Twelfth Street239 m
  • Ole Ole Mexican Deli · 831 Twelfth Street248 m
  • Pho 99287 m
  • Wild Thyme · 705 Twelfth Street411 m

Cafes (4)

  • Happy Mom's Cafe · 821 Twelfth Street250 m
  • Sago To Go · 813 Twelfth Street255 m
  • Kamini's Corner Cafe · 909 Twelfth Street283 m
  • You N Me' Cafe · 921 Twelfth Street330 m

Grocery (2)

  • Gospa's Delightful Food · 718 Twelfth Street316 m
  • Langley Farm Market · 7815 Kingsway506 m

Parks (4)

  • Riverside Adventure Park671 m
  • Mary Avenue Park697 m
  • Ernie Winch Park702 m
  • Moody Park791 m

Pharmacies (1)

  • PharmaChoice · 866 Twelfth Street229 m

Banks & ATMs (1)

  • Community Savings Credit Union297 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($122,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,176,000.00
Periodic payment — Principal & Interest (monthly)$7,587.15
Additional monthly expenses (strata, tax, utilities, etc.)$722.27
Total monthly cost$8,309.42
Interest paid over 5-yr term$337,044.98
Balance at end of term$1,057,815.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$122,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,365.65

Cash Needed at Closing

Minimum down payment$122,000
Estimated BC PTT$27,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$150,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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