Property Type: Detached HouseOwnership: Freehold

320 HOLMES STREET

New Westminster, BC V3L4X5

$1,199,000

5 bed2 bath0 parking1,530 sqftBuilt 1953
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Property Details

Property & Lot

Sub-type
House
Lot size
8,184 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,606 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Baseboard heaters, Forced air
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
0 — uncovered indicated
Features
Other

Listing Information

MLS®
R3154919
Listed
August 11, 2026
Time on market
On the market for 20 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Great Invest Opportunity! Located in sought after "Heights" area of New Westminster. This 66 x 124 DUPLEX lot (confirm with the planning dept. at the City of New Westminster)is a money maker now or in the future on a new duplex build. TWO FULLY SELF-SUFFICIENT SUITES IN THIS UPDATED HOME. (Roof, windows, paint, flooring, siding) Two sets of washer, dryer, big flat lane accessed lot, great for kids, pets and gardeners. Short walk to popular Hume Park and minutes to Skytrain, Lougheed Shopping, RCH, Schools, Hwy #1, 15mins to metrotown& coquitlam center, 20 mins to richmond.No wasted space here. Hurry on this one. (id:63159)

Values & Trends

This listing

$784/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

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
St. Michaels(Independent)Elementary234 m
Urban Academy Senior(Independent)K-12768 m
Urban Academy Junior(Independent)Elementary768 m
Armstrong ElementaryElementary1.1 km
Skwo:wechElementary1.1 km
Our Lady of Fatima(Independent)Elementary1.4 km
Alderson ElementaryElementary1.5 km
Cariboo Hill SecondarySecondary1.5 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
Southbound E Columbia St @ Holmes St101 m
Northbound E Columbia St @ Holmes St136 m
Southbound E Columbia St @ 600 Block250 m
Westbound Braid St @ E Columbia St413 m
Northbound E Columbia St @ Braid St414 m

Nearby Places

Restaurants (5+)

  • Bruncheria · 502 East Columbia Street419 m
  • Sushi Heaven · 457 East Columbia Street543 m
  • Chen's Garden · 441 East Columbia Street628 m
  • Gino's Restaurant658 m
  • Thai New West · 424 East Columbia Street730 m

Cafes (2)

  • Fratelli · 459 East Columbia Street531 m
  • Starbucks · 411 East Columbia Street770 m

Parks (5+)

  • Hume Park257 m
  • Lower Lougheed Park · 576 Alderson Avenue666 m
  • Sunset Park704 m
  • Cariboo Park712 m
  • Millview Park site729 m

Gyms (1)

  • 30 Minute Hit · 425 East Columbia Street719 m

Pharmacies (3)

  • Indigo Pharmacy · 447 East Columbia Street601 m
  • The Medicine Shoppe · 413 East Columbia Street762 m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street792 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.)$627.50
Total monthly cost$6,815.93
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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