319 E EIGHTH AVENUE
New Westminster, BC V3L4K5
$1,650,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,994 square feet
- Frontage
- 61.8 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,782.25 (2026)
Interior
- Heating
- Forced air
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3145705
- Listed
- July 13, 2026
- Time on market
- On the market for 49 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Sutton Centre Realty · Data source: CREA DDF.
Description
Exceptional DEVELOPMENT OPPORTUNITY in the highly sought-after neighbourhood of New Westminster! This 8,994 sq. ft. (61.68 ft frontage) property has been pre-zoned RGO-A under the City's new Residential Ground-Oriented Infill Housing Program, offering the potential for a FOURPLEX development. The value is in the land, with the existing home being sold as-is where-is. Surrounded by quality new development and conveniently located near parks, schools, transit, shopping and major commuter routes, this is an outstanding opportunity for builders, developers and investors looking to capitalize on one of New Westminster's most exciting redevelopment areas. Buyer to verify all zoning, density, development potential, building design, servicing requirements and approvals with the City. (id:63159)
Values & Trends
This listing
$813/sqft
Building average
—
No other active listings in this building
New Westminster average
$731/sqft
146 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
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
| School | Type | Distance |
|---|---|---|
| Skwo:wech | Elementary | 223 m |
| F W Howay Elementary | Elementary | 795 m |
| Armstrong Elementary | Elementary | 836 m |
| St. Michaels(Independent) | Elementary | 959 m |
| Cariboo Hill Secondary | Secondary | 1.1 km |
| Ecole Glenbrook Middle School | Middle | 1.1 km |
| Urban Academy Junior(Independent) | Elementary | 1.2 km |
| Urban Academy Senior(Independent) | K-12 | 1.2 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
| Stop | Type | Distance |
|---|---|---|
| Westbound E 8th Ave @ Cherry St | — | 24 m |
| Eastbound E 8th Ave @ Chilliwack St | — | 108 m |
| Westbound E 8th Ave @ Richmond St | — | 212 m |
| Westbound E 8th Ave @ William St | — | 323 m |
| Eastbound Hospital St @ Richmond St | — | 333 m |
Nearby Places
Restaurants (5+)
- Sushi Box · 8671 Tenth Avenue442 m
- Nam Vegan Express · 8681 East Tenth Avenue457 m
- Gino's Restaurant649 m
- Chen's Garden · 441 East Columbia Street652 m
- Bluefin Sushi · 319 East Columbia Street656 m
Cafes (5+)
- Season's Apple Café · 8699 Tenth Avenue447 m
- Starbucks · 411 East Columbia Street634 m
- Unnamed680 m
- Fratelli · 459 East Columbia Street700 m
- Corner Cafe707 m
Parks (5+)
- Sunset Park319 m
- Victory Heights Park320 m
- Wesburnco Sports Courts374 m
- Sapperton Park549 m
- Cariboo Park649 m
Gyms (1)
- 30 Minute Hit · 425 East Columbia Street636 m
Pharmacies (5+)
- Pharmasave · 8697 East Tenth Avenue478 m
- The Medicine Shoppe · 413 East Columbia Street635 m
- Columbia Prescription XPress · 317 East Columbia Street659 m
- Lifecare Compounding Pharmacy · 408 East Columbia Street665 m
- Indigo Pharmacy · 447 East Columbia Street671 m
Banks & ATMs (1)
- Scotiabank · 8691 Tenth Avenue481 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.