1135 Salter St, New Westminster BC - Land for Sale - MLS# R3002624

$9,999,999
Est. Mortgage $44,240/mo
0 sqft
31.0% price reduction
$9,999,999
$14,500,000
Est. $44,240/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 1135 Salter Street

31.0% price reduction

Colliers presents the opportunity to acquire a 2.31 acre development property approved at 3rd reading for a 45-unit townhouse development site with plans for 49,692 buildable SF. The property is located at the Queensborough district of New Westminster and is within steps of Queensborough Elementary and Middle Schools, Queensborough Community Centre, parks, entertainment and retail amenities.

Exterior Features

Structures Land Only

Building Details

Price $9,999,999
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Unknown, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) Other

Lot & Land

Lot Size 2.31
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3002624
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 6A4
Gross Taxes $42,962.84
Zoning RT-3

Property Timeline

Status Date Price
R3002624 / Active 05-14-2025 $9,999,999

Listed by: Colliers

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Queen Elizabeth Elementary School
Average
0.45 km
6.1/10
Middle
Queensborough Middle School
0.84 km
Secondary
New Westminster Secondary School
3.95 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Fawkes Academy
3.52 km
Secondary
Purpose Independent Secondary School
3.48 km

Closest Transit

Bus Stop
Westbound Ewen Ave @ Jardine St
0.23 km
Skytrain
Skytrain @ 22Nd St Stn
1.90 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
28%
No Certificate/Degree
Average
14.6%
Owner Occupied
Above Average
82.9%
Employment Rate
Above Average
66.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1135 Salter Street

Mortgage Calculator for 1135 Salter Street

/month
Principal & Interest
Property Taxes $3,580
Maintenance fee 0
A 20% down payment of $2,000,000 on this $9,999,999 listing yields an estimated mortgage of $38,193/month (30-year fixed, 4%). Total estimated housing cost: $41,773/month, $3,580 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $20,599/month in estimated rental income against $42,314/month in mortgage payments, the monthly cashflow is -$21,715/month. A 66% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $9,999,999
New Westminster Loading...
Queensborough Loading...

Based on 3 comparable active properties in Queensborough, the average asking price is $1,299,900. This listing is priced 669.3% above the neighbourhood average. This property is flagged as a Hot Deal (31.0% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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