Property Type: Detached HouseOwnership: Freehold

370 HOSPITAL STREET

New Westminster, BC V3L3L4

$1,688,000

4 bed2 bath2 parking1,855 sqftBuilt 1947
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
8,660 square feet
Frontage
65.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,547.02 (2024)

Interior

Basement
Finished, Full, Unknown
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
R3114333
Listed
April 22, 2026
Time on market
On the market for 132 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.

Description

Investor/Developer Alert! Great opportunity with this spacious 4-bedroom single-family home situated on a rare, oversized 8,660 sq.ft lot. Double the size of most lots in the area! Whether you're looking to move in, hold, or build, the potential is limitless. The lot offers possible options for subdivision or redevelopment-buyer to make inquiries with the city for further details. Enjoy a large, fully fenced backyard perfect for privacy and outdoor activities. Located on a quiet street in a highly sought-after neighborhood, this property is just steps from the brand-new Skwo:wech Elementary School and bus routes. Within walking distance to shopping, restaurants, Royal Columbian Hospital, and Skytrain. Don't miss out on this prime investment opportunity. (id:63159)

Values & Trends

This listing

$910/sqft

Building average

No other active listings in this building

New Westminster average

$731/sqft

146 active listing(s)

Parking: 2 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

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:wechElementary155 m
Urban Academy Senior(Independent)K-121.0 km
Urban Academy Junior(Independent)Elementary1.0 km
F W Howay ElementaryElementary1.0 km
St. Michaels(Independent)Elementary1.1 km
Ecole Glenbrook Middle SchoolMiddle1.2 km
Armstrong ElementaryElementary1.2 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
Eastbound Hospital St @ Richmond St19 m
Westbound Hospital St @ Blair Ave26 m
Southbound Richmond St @ Shiles St127 m
Northbound Richmond St @ Alberta St262 m
Eastbound Hospital St @ E Columbia St283 m

Nearby Places

Restaurants (5+)

  • Bluefin Sushi · 319 East Columbia Street352 m
  • Barcelos Flame Grilled Chicken · 408 East Columbia Street451 m
  • Noodlebox · 289 Nelson's Court454 m
  • Steve's Poké Bar · 237 Nelson's Crescent464 m
  • Proud Up Restaurant · 418 East Columbia Street466 m

Cafes (5+)

  • Unnamed348 m
  • Corner Cafe363 m
  • Starbucks · 411 East Columbia Street433 m
  • Take Five Cafe · 202 East Columbia Street471 m
  • Greens & Beans Deli · 143 East Columbia Street528 m

Grocery (1)

  • Save-On-Foods · 270 East Columbia Street455 m

Parks (4)

  • Sapperton Park286 m
  • Sunset Park377 m
  • Victory Heights Park668 m
  • Wesburnco Sports Courts716 m

Gyms (2)

  • 30 Minute Hit · 425 East Columbia Street463 m
  • Snap Fitness499 m

Pharmacies (5+)

  • Pure Integrative Pharmacy · 301 East Columbia Street349 m
  • Columbia Prescription XPress · 317 East Columbia Street352 m
  • Shoppers Drug Mart418 m
  • The Medicine Shoppe · 413 East Columbia Street438 m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street450 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($337,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,350,400.00
Periodic payment — Principal & Interest (monthly)$8,712.32
Additional monthly expenses (strata, tax, utilities, etc.)$805.25
Total monthly cost$9,517.57
Interest paid over 5-yr term$387,028.52
Balance at end of term$1,214,689.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$337,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,384.10

Cash Needed at Closing

Minimum down payment$337,600
Estimated BC PTT$31,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$370,860

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