47 & 51 DUFFERIN STREET
New Westminster, BC V3L2E5
$4,300,000
Property Details
Property & Lot
- Lot size
- 12,736 square feet
- Frontage
- 131 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $13,747.96 (2025)
Interior
- Fireplace
- None
Building
- Parcel ID (PID)
- 004-511-930
Listing Information
- MLS®
- R3130650
- Listed
- June 2, 2026
- Time on market
- On the market for 91 days
- Tax assessment year
- 2025
- Data last synced
- August 29, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
River VIew Development site! Side by side income properties combine for Approx.12,736 sqft lot in Downtown New Westminster. Located on block of Dufferin St and Royal Ave, Pattullo Bridge on the back, easy access to Surrey. Under New Westminster Downtown Community Plan and Transit oriented development areas, Columbia Station 800 m corn with 3 FAR and 8 storeys. City may support 12-15 storeys residential rental or strata (20% affordable units) development. Diverse development potential, multiplex, townhouse, or low-rise residential projects, no parking requirement. Queens Park across the street, Albert Crescent Park, École Qaynat Elementary and Fraser River Middle School are all around. A rare opportunity for people who is looking for a future landmark development in convenient community. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
New Westminster average
$902/sqft
5 active listing(s)
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.
Location Insights
Weather
Nearest station: Vancouver
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
37
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
| School | Type | Distance |
|---|---|---|
| Ecole Qayqayt Elementary | Elementary | 377 m |
| PALS Autism Society (School Program)(Independent) | K-12 | 507 m |
| Purpose Independent Secondary School(Independent) | Secondary | 854 m |
| Al-Hidayah School(Independent) | Elementary | 955 m |
| Herbert Spencer Elementary | Elementary | 1.2 km |
| Fraser River Middle | Middle | 1.3 km |
| Ecole Glenbrook Middle School | Middle | 1.4 km |
| Royal City Alternate Program | Secondary | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Northbound 1st St @ Agnes St | — | 136 m |
| Southbound 1st St @ Agnes St | — | 150 m |
| Westbound Royal Ave @ 1st St | — | 200 m |
| Southbound 1st St @ Park Row | — | 240 m |
| Eastbound Agnes St @ Elliot St | — | 296 m |
Nearby Places
Restaurants (4)
- Victoria Sushi · 15 East Royal Avenue364 m
- L'Onore Pizza · 28 East Royal Avenue479 m
- Stefano's · 315 Columbia Street602 m
- Taverna Greka · 326 Columbia Street638 m
Cafes (1)
- Mira Caffe · 28 East Royal Avenue498 m
Parks (5+)
- Albert Crescent Park276 m
- Saint Mary's Park347 m
- Unnamed453 m
- Victoria Hill Park463 m
- Tipperary Park613 m
Gyms (1)
- Sugarrays790 m
Pharmacies (1)
- Guardian · 424 Columbia Street786 m
Banks & ATMs (3)
- Bitcoin ATM Localcoin · 15 East Royal Avenue365 m
- Bitcoin ATM Localcoin · 411 Columbia Street743 m
- Manulife ATM778 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($860,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.