521 GARFIELD STREET
New Westminster, BC V3L4A6
$1,119,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,562.97 square feet
- Frontage
- 54.11 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,502.36 (2025)
Interior
- Basement
- Partially finished, Unknown, Unknown
- Heating
- Natural gas
- Fireplace
- Yes (1)
Exterior & Lot
- View
- View
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3157484
- Listed
- August 20, 2026
- Time on market
- On the market for 12 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: MLA Canada Realty · Data source: CREA DDF.
Description
BUILDERS & DEVELOPERS! Prime redevelopment opportunity in New Westminster´s desirable Heights neighbourhood. Situated on a +6,500 square ft lot, this property offers exciting potential for multi unit development, including up to 4 units under the City´s evolving infill housing framework, subject to City approval. The existing home provides holding value while you plan your next project. Ideally located near Hume Park, schools, shopping and major commuter routes with convenient access throughout the Lower Mainland. A compelling opportunity to secure your next development site in an established residential neighbourhood. (id:63159)
Values & Trends
This listing
$596/sqft
Building average
—
No other active listings in this building
New Westminster average
$733/sqft
146 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.
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
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 |
|---|---|---|
| St. Michaels(Independent) | Elementary | 340 m |
| Urban Academy Senior(Independent) | K-12 | 779 m |
| Urban Academy Junior(Independent) | Elementary | 779 m |
| Skwo:wech | Elementary | 799 m |
| Armstrong Elementary | Elementary | 929 m |
| Cariboo Hill Secondary | Secondary | 1.3 km |
| F W Howay Elementary | Elementary | 1.4 km |
| Our Lady of Fatima(Independent) | Elementary | 1.7 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 |
|---|---|---|
| Westbound Braid St @ E Columbia St | — | 233 m |
| Eastbound E 8th Ave @ Buchanan Ave | — | 271 m |
| Northbound E Columbia St @ Braid St | — | 295 m |
| Westbound E 8th Ave @ Buchanan Ave | — | 297 m |
| Southbound E Columbia St @ Braid St | — | 337 m |
Nearby Places
Restaurants (5+)
- Bruncheria · 502 East Columbia Street318 m
- Sushi Heaven · 457 East Columbia Street370 m
- Chen's Garden · 441 East Columbia Street435 m
- Gino's Restaurant462 m
- Thai New West · 424 East Columbia Street539 m
Cafes (3)
- Fratelli · 459 East Columbia Street360 m
- Starbucks · 411 East Columbia Street565 m
- Season's Apple Café · 8699 Tenth Avenue750 m
Parks (5+)
- Sunset Park422 m
- Hume Park466 m
- Cariboo Park549 m
- Sapperton Park669 m
- Victory Heights Park713 m
Gyms (1)
- 30 Minute Hit · 425 East Columbia Street517 m
Pharmacies (5+)
- Indigo Pharmacy · 447 East Columbia Street415 m
- The Medicine Shoppe · 413 East Columbia Street558 m
- Lifecare Compounding Pharmacy · 408 East Columbia Street596 m
- Pharmasave · 8697 East Tenth Avenue759 m
- Columbia Prescription XPress · 317 East Columbia Street781 m
Banks & ATMs (1)
- Scotiabank · 8691 Tenth Avenue781 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($86,900) — 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.