Property Type: Detached HouseOwnership: FreeholdNEW LISTING

2141 MARINE WAY

New Westminster, BC V3M2H2

$1,899,999

5 bed3 bath4 parking2,720 sqftBuilt 1949
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
1 square feet
Frontage
51 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,195.11 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Baseboard heaters, Forced air
Fireplace
None
Appliances
All

Building

Parcel ID (PID)
009-526-480

Parking

Total spaces
4

Listing Information

MLS®
R3159713
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Developer & Investor Alert - Transit-Oriented Development Opportunity! Rare 8,370 square ft lot located next to 22nd Street SkyTrain Station in rapidly evolving New Westminster. Solid home offers holding income while you plan redevelopment. Under Bill 47 - Transit-Oriented Areas, this property falls within the high-density zone allowing minimum 20 storeys and up to 5 FSR (buyer to verify with City). Exceptional location steps to rapid transit, making it highly attractive for future high-rise residential development. Ideal opportunity for developers, investors, and land assembly prospects. Access by appointment only. Buyers must verify zoning, OCP, density and redevelopment potential with the City of New Westminster (id:63159)

Values & Trends

This listing

$699/sqft

Building average

No other active listings in this building

New Westminster average

$732/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

5/9 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 ElementaryElementary553 m
Lord Tweedsmuir ElementaryElementary881 m
Byrne Creek Community SecondarySecondary979 m
Taylor Park ElementaryElementary1.1 km
Stride Avenue Community ElementaryElementary1.3 km
Queensborough Middle SchoolElementary/Middle1.6 km
Queen Elizabeth ElementaryElementary1.6 km
John Knox Christian - Secondary Campus(Independent)K-121.9 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 @ Bay 824 m
22nd Street Station @ Bay 733 m
22nd Street Station @ Bay 651 m
22nd Street Station @ Unloading Only61 m
22nd Street Station @ Bay 568 m

Nearby Places

Restaurants (2)

  • Papa Dave's Pizza458 m
  • Pho Maxima462 m

Grocery (1)

  • Foody World778 m

Parks (2)

  • Grimston Park525 m
  • Connaught Heights Park547 m

Gyms (1)

  • 4 Elements758 m

Pharmacies (1)

  • West End Pharmacy374 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($380,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,519,999.00
Periodic payment — Principal & Interest (monthly)$9,806.52
Additional monthly expenses (strata, tax, utilities, etc.)$485.59
Total monthly cost$10,292.11
Interest paid over 5-yr term$435,636.08
Balance at end of term$1,367,244.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$380,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,688.26

Cash Needed at Closing

Minimum down payment$380,000
Estimated BC PTT$36,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$417,500

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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