Property Type: Detached HouseOwnership: Freehold

2011 SEVENTH AVENUE

New Westminster, BC V3M2L5

$1,749,000

7 bed5 bath4 parking3,455 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
House
Lot size
6,000 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,645.09 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3151120
Listed
July 29, 2026
Time on market
On the market for 33 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX All Points Realty · Data source: CREA DDF.

Description

Rare Investment Opportunity in Connaught Heights, steps from 22nd Street Skytrain Station! Spacious 7bed, 4bath home offering 3,455 sqft of interior living, 6,000 sqft lot, double car garage, private backyard and two mortgage helpers (2bed+1bed) providing solid rental income potential. Conveniently located near skytrain, schools, parks, and shopping. Situated within the area identified by the City of New Westminster's Bold Vision for long-term planning around the 22nd Street SkyTrain station. Bill 47 relating to transit oriented areas will allow minimum 20 storey towers. Buyers are encouraged to review city planning documents and verify future development potential with the City. (id:63159)

Values & Trends

This listing

$506/sqft

Building average

No other active listings in this building

New Westminster average

$734/sqft

146 active listing(s)

Parking: 4 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

17°C

Clear

Humidity 100%

Wind WNW 13 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

26

3/9 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
Connaught Heights ElementaryElementary580 m
Lord Tweedsmuir ElementaryElementary629 m
Byrne Creek Community SecondarySecondary799 m
Taylor Park ElementaryElementary1.1 km
Stride Avenue Community ElementaryElementary1.2 km
John Knox Christian - Secondary Campus(Independent)K-121.7 km
Our Lady of Mercy(Independent)Elementary1.7 km
St. Thomas More Collegiate(Independent)Secondary1.7 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
22nd Street Station @ Platform 1144 m
22nd Street Station @ Platform 2149 m
22nd Street Station @ Bay 3155 m
Eastbound 8th Ave @ 21 St159 m
22nd Street Station @ Bay 4171 m

Nearby Places

Restaurants (2)

  • Papa Dave's Pizza280 m
  • Pho Maxima284 m

Parks (2)

  • Grimston Park307 m
  • Connaught Heights Park528 m

Pharmacies (1)

  • West End Pharmacy156 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,200.00
Periodic payment — Principal & Interest (monthly)$9,027.16
Additional monthly expenses (strata, tax, utilities, etc.)$893.42
Total monthly cost$9,920.59
Interest paid over 5-yr term$401,014.74
Balance at end of term$1,258,584.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,759.36

Cash Needed at Closing

Minimum down payment$349,800
Estimated BC PTT$32,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,280

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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