Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

40 E TENTH AVENUE

New Westminster, BC V3L4R5

$1,539,000

5 bed3 bath8 parking2,970 sqftBuilt 1966
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Lot size
6,523.03 square feet
Frontage
66.7 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,628.91 (2025)

Interior

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

Building

Security
Security system
Parcel ID (PID)
009-223-703

Parking

Total spaces
8 — uncovered indicated
Features
RV

Listing Information

MLS®
R3158592
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

This mid-century rancher with a walk-out basement carries its original charm while offering several important updates, including hot water on demand, a 200-amp electrical panel, air conditioning, and more. This 5 bedroom, 3 bathroom home features almost 3,000 square feet (1,485 on each level), with a separate entrance to the lower level, making it perfect for a suite (plumbing and electrical for second kitchen is already done) or for multi-generational living. There is plenty of parking, with space in front of the home, lane access, and two carports. This ideal location is close to Howay Elementary School, transit, Royal Square Mall (including Safeway), and the new Aquatic and Community Centre. Open House Sunday August 30th 1-3pm. (id:63159)

Values & Trends

This listing

$518/sqft

Building average

No other active listings in this building

New Westminster average

$733/sqft

146 active listing(s)

Parking: 8 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

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

56

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
F W Howay ElementaryElementary247 m
John Knox Christian - Elementary Campus(Independent)Elementary372 m
Ecole Glenbrook Middle SchoolMiddle592 m
Cariboo Hill SecondarySecondary812 m
Herbert Spencer ElementaryElementary894 m
Second Street Community ElementaryElementary896 m
Armstrong ElementaryElementary1.1 km
Skwo:wechElementary1.1 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 10 Ave @ McBride Blvd95 m
Westbound Ovens Ave @ Colborne St373 m
Eastbound Ovens Ave @ Colborne St379 m
Westbound 8th Ave @ McBride Blvd409 m
Eastbound E 8th Ave @ McBride Blvd423 m

Nearby Places

Restaurants (1)

  • Annie Hill Cafe219 m

Cafes (3)

  • Starbucks280 m
  • Connections Coffee · 8255 13th Avenue434 m
  • Good Neighbour Caffè · 718 Second Street761 m

Grocery (1)

  • Safeway394 m

Parks (5+)

  • Unnamed144 m
  • Unnamed157 m
  • Unnamed257 m
  • George H. Leaf Park307 m
  • Unnamed368 m

Shopping (1)

  • Royal Square300 m

Gyms (2)

  • Survivor Fitness · 825 McBride Boulevard302 m
  • Axe Capoeira New Westminster · 65 E Sixth Ave687 m

Banks & ATMs (1)

  • GVC Credit Union306 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($307,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,231,200.00
Periodic payment — Principal & Interest (monthly)$7,943.28
Additional monthly expenses (strata, tax, utilities, etc.)$701.41
Total monthly cost$8,644.69
Interest paid over 5-yr term$352,865.46
Balance at end of term$1,107,468.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$307,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,467.50

Cash Needed at Closing

Minimum down payment$307,800
Estimated BC PTT$28,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$338,080

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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