608 WELSH STREET
New Westminster, BC V3L3A2
$5,354,700
Property Details
Property & Lot
- Lot size
- 9,340 square feet
C-3A
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $57,313.94 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8080503
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
Rare Uptown New Westminster land assembly offering a premier location in one of the city's most established urban corridors with exceptional walkability, and convenient access to shopping, services, schools, parks, transit, and other key amenities. Approximately 45,908 sq. ft. across 7 contiguous parcels, this is a rare opportunity to acquire the entire land assembly, with all seven properties to be purchased together. Individual parcels are not available for sale. A pre application is currently in place for a 41 storey mixed use tower comprising 466 residential units, presenting an outstanding opportunity for developers. The site also offers significant flexibility for future redevelopment, including strata residential, purpose built rental, hotel, or mixed use development, subject to City of New Westminster approval. The existing properties generate stable holding income, helping offset carrying costs while redevelopment plans progress. This is an exceptional opportunity to secure a landmark development (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
59
8/9 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 |
|---|---|---|
| Fraser River Middle | Middle | 429 m |
| Royal City Alternate Program | Secondary | 439 m |
| PALS Autism Society (School Program)(Independent) | K-12 | 532 m |
| Ecole Qayqayt Elementary | Elementary | 700 m |
| Al-Hidayah School(Independent) | Elementary | 744 m |
| Purpose Independent Secondary School(Independent) | Secondary | 755 m |
| Power Alternate Secondary School | Secondary | 897 m |
| John Knox Christian - Secondary Campus(Independent) | K-12 | 953 m |
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 |
|---|---|---|
| Southbound 6th St @ 3rd Ave | — | 58 m |
| Northbound 6th St @ Queens Ave | — | 118 m |
| Northbound 6th St @ 3rd Ave | — | 121 m |
| Southbound 6th St @ Queens Ave | — | 179 m |
| Southbound 6th St @ 4th Ave | — | 268 m |
Nearby Places
Restaurants (5+)
- The Old Bavaria Haus · 233 Sixth Street81 m
- Taqueria Playa Tropical · 334 6th Street254 m
- Peri Peri Shack · 344 Sixth Street270 m
- Han Lin Noodle House · 408 6th Street346 m
- Kojima Sushi · 410 6th Street363 m
Cafes (5+)
- Common Grounds · 609 Third Avenue100 m
- Lower Cafeteria499 m
- Upper Cafeteria500 m
- Cocoaro · Victoria Street535 m
- Coasters Coffee · Sixth Street554 m
Grocery (5+)
- Persian Baanou Supermarket · 222 Sixth Street34 m
- Mahtot East Africa Market · 218 Sixth Street38 m
- Fruiticana · 331 Sixth Street255 m
- Gastronomia Italia · 601 Columbia Street683 m
- Safeway · 800 Carnarvon Street740 m
Parks (5+)
- Toronto Place Park405 m
- Tipperary Park431 m
- Simcoe Park498 m
- Sullivan Park559 m
- Cornwall Park673 m
Shopping (4)
- Westminster Centre · 555 Sixth Street620 m
- Shops at New West756 m
- Winners777 m
- Royal City Centre · 610 Sixth Street793 m
Gyms (5+)
- Chris Johnson Fitness Centre477 m
- EZfit · 606 Victoria Street536 m
- Planet Fitness590 m
- Fit on 6th · 49 Sixth Street594 m
- Ava Fitness · 735 Carnarvon Street602 m
Pharmacies (5+)
- Pharmasave · 625 Fifth Avenue557 m
- Belmont Pharmacy · 609 Belmont Street640 m
- London Drugs · 555 Sixth Street654 m
- Uptown Drugs Peoples Pharmacy728 m
- Guardian · 424 Columbia Street754 m
Banks & ATMs (5+)
- Vancity572 m
- Vancity579 m
- TD676 m
- HoneyBadger Bitcoin ATM679 m
- Bitcoin ATM Coinsite · 663 Columbia Street687 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
1.0 km away
1.1 km away
1.6 km away
1.7 km away
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,070,940) — 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.