Property Type: Detached HouseOwnership: Freehold

331 E EIGHTH AVENUE

New Westminster, BC V3L4K7

$2,098,000

6 bed6 bath6 parking2,660 sqftBuilt 2015
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
5,350 square feet
Frontage
51.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,968.02 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
All

Exterior & Lot

View
View
Lot features
Central location

Building

Parcel ID (PID)
008-578-699

Parking

Total spaces
6 — covered indicated
Features
Detached Garage, Garage

Listing Information

MLS®
R3136101
Listed
June 15, 2026
Time on market
On the market for 77 days
Tax assessment year
2025
Data last synced
August 29, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Contemporary residence in the highly sought-after Heights neighbourhood, offering stunning views and a versatile floor plan designed for modern living. The upper level features 3 spacious bedrooms and 3 full bathrooms, including a well-appointed primary suite. The main floor includes a legal 1-bedroom suite, ideal for mortgage assistance or extended family, along with a generous recreation room and an additional full bathroom. A convenient powder room serves the main living area. Quality features include radiant in-floor heating, air conditioning, HRV system, and an expansive deck perfect for entertaining or enjoying the views. Parking is abundant with both an attached and detached garage. Centrally located with easy access to hospitals, SkyTrain, Highway 1, schools, parks, etc. (id:63159)

Values & Trends

This listing

$789/sqft

Building average

No other active listings in this building

New Westminster average

$732/sqft

146 active listing(s)

Parking: 6 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

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

44

7/9 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
Skwo:wechElementary244 m
Armstrong ElementaryElementary842 m
F W Howay ElementaryElementary882 m
St. Michaels(Independent)Elementary882 m
Cariboo Hill SecondarySecondary1.1 km
Urban Academy Junior(Independent)Elementary1.1 km
Urban Academy Senior(Independent)K-121.1 km
Ecole Glenbrook Middle SchoolMiddle1.2 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

StopTypeDistance
Westbound E 8th Ave @ Cherry St102 m
Westbound E 8th Ave @ Richmond St120 m
Eastbound E 8th Ave @ Chilliwack St197 m
Eastbound E 8th Ave @ Richmond St244 m
Eastbound Hospital St @ Richmond St319 m

Nearby Places

Restaurants (5+)

  • Sushi Box · 8671 Tenth Avenue471 m
  • Nam Vegan Express · 8681 East Tenth Avenue485 m
  • Gino's Restaurant565 m
  • Chen's Garden · 441 East Columbia Street567 m
  • Proud Up Restaurant · 418 East Columbia Street588 m

Cafes (5+)

  • Season's Apple Café · 8699 Tenth Avenue464 m
  • Starbucks · 411 East Columbia Street559 m
  • Fratelli · 459 East Columbia Street610 m
  • Unnamed640 m
  • Corner Cafe674 m

Grocery (1)

  • Save-On-Foods · 270 East Columbia Street781 m

Parks (5+)

  • Sunset Park228 m
  • Victory Heights Park342 m
  • Wesburnco Sports Courts432 m
  • Sapperton Park491 m
  • Cariboo Park615 m

Gyms (1)

  • 30 Minute Hit · 425 East Columbia Street557 m

Pharmacies (5+)

  • Pharmasave · 8697 East Tenth Avenue494 m
  • The Medicine Shoppe · 413 East Columbia Street559 m
  • Indigo Pharmacy · 447 East Columbia Street584 m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street592 m
  • Columbia Prescription XPress · 317 East Columbia Street608 m

Banks & ATMs (1)

  • Scotiabank · 8691 Tenth Avenue500 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($419,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,678,400.00
Periodic payment — Principal & Interest (monthly)$10,828.47
Additional monthly expenses (strata, tax, utilities, etc.)$880.34
Total monthly cost$11,708.80
Interest paid over 5-yr term$481,034.26
Balance at end of term$1,509,726.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,906.31

Cash Needed at Closing

Minimum down payment$419,600
Estimated BC PTT$40,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,040

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.

Request more information