916 EIGHTH STREET
New Westminster, BC V3M3T2
$699,800
Property Details
Property & Lot
- Lot size
- 5,612 square feet
- Frontage
- 65 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $15,509.49 (2025)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3117270
- Listed
- April 29, 2026
- Time on market
- On the market for 124 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX All Points Realty · Data source: CREA DDF.
Description
Prime development opportunity in the heart of New Westminster. This 5,612 square ft corner lot with NR-2 zoning offers excellent potential for future redevelopment, including infill townhomes, rowhomes, or land assembly. Central location steps to Moody Park, schools, shopping, and transit makes this a highly desirable site for builders and investors. Property is currently leased with holding income, and environmental work has been initiated. Buyers to do their own due diligence. (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
44
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 |
|---|---|---|
| Sigma | Secondary | 103 m |
| Twelfth Avenue Elementary | Elementary | 299 m |
| New Westminster Secondary | Secondary | 389 m |
| Our Lady of Mercy(Independent) | Elementary | 450 m |
| St. Thomas More Collegiate(Independent) | Secondary | 547 m |
| Lord Kelvin Elementary | Elementary | 567 m |
| Edmonds Community Elementary | Elementary | 1.0 km |
| Herbert Spencer Elementary | Elementary | 1.3 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 8th St @ 10 Ave | — | 54 m |
| Southbound 8th St @ 10 Ave | — | 79 m |
| Northbound 8th St @ 8th Ave | — | 266 m |
| Westbound 8th Ave @ 8th St | — | 296 m |
| Southbound Canada Way @ 12 Ave | — | 301 m |
Nearby Places
Restaurants (5+)
- Desi Turka · 7807 6th Street487 m
- New Lakeview Restaurant499 m
- IHOP529 m
- Maple Mirchy Indian Fast Food Fusion540 m
- Ho Fung · 724 Sixth Street575 m
Cafes (5+)
- Hiel Cafe · 7885 6th Street390 m
- Tim Hortons432 m
- Tim Hortons · 780 Sixth Street480 m
- Connections Café559 m
- You N Me' Cafe · 921 Twelfth Street573 m
Grocery (4)
- Save-On-Foods686 m
- Langley Farm Market · 7815 Kingsway712 m
- Gospa's Delightful Food · 718 Twelfth Street716 m
- Shree Supermarket745 m
Parks (5+)
- Mary Avenue Park355 m
- Moody Park520 m
- Eastburn Park645 m
- Hilda Park729 m
- Unnamed779 m
Shopping (3)
- Walmart675 m
- Royal City Centre · 610 Sixth Street694 m
- Winners707 m
Gyms (4)
- The Dancing Cat Yoga Centre600 m
- Club Pilates · 678 Sixth Street684 m
- Anytime Fitness687 m
- Sunset Pilates · 635 Sixth Street687 m
Pharmacies (4)
- Burnaby Square Pharmacy · 7885 6th Street404 m
- PharmaChoice · 866 Twelfth Street616 m
- Care First Pharmacy · 7612 6th Street717 m
- Shoppers Drug Mart723 m
Banks & ATMs (5+)
- G&F Financial527 m
- Prospera Credit Union · 700 Sixth Street615 m
- Community Savings Credit Union641 m
- Instacoin Bitcoin ATM703 m
- BMO746 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,980) — 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.