Property Type: Detached HouseOwnership: Freehold

341 BUCHANAN AVENUE

New Westminster, BC V3L3Z3

$1,050,000

7 bed3 bath0 parking2,052 sqftBuilt 1939
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
3,527.59 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,309.69 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
0 — uncovered indicated
Features
Other

Listing Information

MLS®
R3151676
Listed
July 31, 2026
Time on market
On the market for 31 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Charming & full of potential, this home is an excellent opportunity for first time buyers, investors, or anyone looking to create a home of their own. The main floor features 8' ceilings, an open concept living & kitchen area, two bedrooms. The upper floor offers 2 additional bedrooms & full bathroom, providing a total of 4 bedrooms. 3-bed mortgage helper offers excellent rental potential & flexibility. Enjoy the privacy of a fully fenced backyard, perfect for children, pets, gardening, entertaining. Located close to shopping, schools, Sapperton SkyTrain Station, transit, Royal Columbian Hospital, Sapperton & Hume Park, Hwy 1. Walking distance to Skwo Elementary. Whether you're looking to renovate, invest, or build equity in a prime location, this is an opportunity you won't want to miss. (id:63159)

Values & Trends

This listing

$512/sqft

Building average

No other active listings in this building

New Westminster average

$733/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

48

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
Skwo:wechElementary268 m
Urban Academy Senior(Independent)K-12876 m
Urban Academy Junior(Independent)Elementary876 m
St. Michaels(Independent)Elementary973 m
F W Howay ElementaryElementary1.1 km
Armstrong ElementaryElementary1.2 km
Ecole Glenbrook Middle SchoolMiddle1.3 km
Cariboo Hill SecondarySecondary1.4 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 Hospital St @ Blair Ave142 m
Eastbound Hospital St @ Richmond St159 m
Eastbound Hospital St @ E Columbia St228 m
Westbound Hospital St @ E Columbia St258 m
Southbound E Columbia St @ Sherbrooke St266 m

Nearby Places

Restaurants (5+)

  • Bluefin Sushi · 319 East Columbia Street277 m
  • Barcelos Flame Grilled Chicken · 408 East Columbia Street307 m
  • Proud Up Restaurant · 418 East Columbia Street317 m
  • Thai New West · 424 East Columbia Street331 m
  • Gino's Restaurant345 m

Cafes (5+)

  • Starbucks · 411 East Columbia Street285 m
  • Unnamed317 m
  • Corner Cafe359 m
  • Fratelli · 459 East Columbia Street447 m
  • Take Five Cafe · 202 East Columbia Street503 m

Grocery (1)

  • Save-On-Foods · 270 East Columbia Street478 m

Parks (4)

  • Sapperton Park168 m
  • Sunset Park263 m
  • Victory Heights Park669 m
  • Wesburnco Sports Courts754 m

Gyms (2)

  • 30 Minute Hit · 425 East Columbia Street307 m
  • Snap Fitness480 m

Pharmacies (5+)

  • Columbia Prescription XPress · 317 East Columbia Street280 m
  • The Medicine Shoppe · 413 East Columbia Street288 m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street308 m
  • Pure Integrative Pharmacy · 301 East Columbia Street323 m
  • Indigo Pharmacy · 447 East Columbia Street390 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$545.47
Total monthly cost$5,964.87
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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.

Request more information