Property Type: Detached HouseOwnership: Freehold

234 DAWE STREET

New Westminster, BC V3M5N2

$1,199,000

2 bed2 bath0 parking1,712 sqftBuilt 1942
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Property Details

Property & Lot

Sub-type
House
Lot size
8,695 square feet
Frontage
49.7 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,950.12 (2025)

Interior

Fireplace
None

Parking

Total spaces
0 — uncovered indicated
Features
Other

Listing Information

MLS®
R3152033
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.

Description

Unlock an exceptional real estate opportunity in one of New Westminster´s most desirable and rapidly growing neighborhood.Set on a massive over 8,000 square foot parcel in Queensborough.This property offers a rare combination of space flexibility and future potential.Featuring dual street access from both Dawe and Hume Street.This expansive lot presents an ideal setup for a potential subdivision into two distinct home sites.Adding incredible convenience and a head start for future planning.The back lot already has plumbing in place.Nestled in a family-friendly,highly sought-after pocket of Queensborough.Being sold primarily for land value, this is a blank canvas tailored for builders, developers, or savvy investors looking to capitalize on a high-demand market.Bring your ideas and check with the City of New Westminster regarding future use and subdivision guidelines.Opportunities of this size with dual access are vanishingly rare.Call today for more information! (id:63159)

Values & Trends

This listing

$700/sqft

Building average

No other active listings in this building

New Westminster average

$732/sqft

146 active listing(s)

Parking: Not indicatedStorage 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

30

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
Queen Elizabeth ElementaryElementary822 m
Hamilton ElementaryElementary1.0 km
Queensborough Middle SchoolElementary/Middle1.1 km
Connaught Heights ElementaryElementary2.3 km
Lord Tweedsmuir ElementaryElementary2.8 km
Taylor Park ElementaryElementary2.9 km
Byrne Creek Community SecondarySecondary3.0 km
Brooke ElementaryElementary3.0 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 Ewen Ave @ Hume St148 m
Westbound Ewen Ave @ Hume St182 m
Westbound Ewen Ave @ Gifford St303 m
Eastbound Ewen Ave @ Gifford St314 m
Eastbound Westminster Hwy @ Boundary Rd367 m

Nearby Places

Restaurants (5+)

  • Lucky Sushi · 1102 Ewen Avenue504 m
  • Buffet511 m
  • Racebook572 m
  • Match575 m
  • Shang Noodle House579 m

Parks (4)

  • Riverfront Trail392 m
  • Riverfront Park Trail395 m
  • Thompson's Landing Park456 m
  • Hamilton Highway Park523 m

Shopping (1)

  • Value Village629 m

Gyms (1)

  • Anytime Fitness · 1110 Ewen Avenue461 m

Pharmacies (1)

  • Queensborough Community Pharmacy · 1028 Ewen Avenue588 m

Banks & ATMs (3)

  • Unnamed502 m
  • Bitcoin ATM Localcoin · 1102 Ewen Avenue510 m
  • Unnamed586 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (strata, tax, utilities, etc.)$665.18
Total monthly cost$6,853.61
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,490.14

Cash Needed at Closing

Minimum down payment$94,900
Estimated BC PTT$21,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,380

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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