1416 Eighth Ave, New Westminster, BC

$2,598,000 Est. Mortgage /mo

MLS® R3075127

7 Beds
3 Baths
3222 sqft
806 $ /sqft
1929 built
$2,598,000
Est. /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

Property Details & Specs

Investor Alert! Rare opportunity to acquire a standalone development site with strong future upside. This large lot offers excellent assembly or sole development potential, enhanced by Transit-Oriented Development (TOD) policies under Provincial legislation, which may allow for multi-family townhomes to condominium development, subject to City approval. Spacious Home with 2 kitchens! Home is a Rental with only Main Floor with tenants Call Randy for more information!

General Info

Price $2,598,000
Total Bedrooms 7
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3222
Lot Size 9801
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full
Basement Features -

Property Metrics

Year Built 1929
Age Of Building 97
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3075127
Building Name -
Area New Westminster
Neighbourhood West End NW
City New Westminster
Postal Code V3M 2S4
Price per Sqft $806
Gross Taxes $7,903.2
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Single, Lane Access, Asphalt
Total Parking Spaces 2
Strata Restrictions -
Rental Restrictions -
Zoning NR-1
Rental Suites Legal Suite
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3075127 / Active 12-29-2025 $2,598,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'4 x 13'4 ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Kitchen 10'10 x 10'10 ft
Main Level Family Room 9'11 x 9'11 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Bedroom 9'10 x 9'10 ft
Main Level Foyer 4'8 x 4'8 ft
Main Level Laundry 5'8 x 5'8 ft
Above Level Bedroom 9'7 x 9'7 ft
Above Level Bedroom 10'7 x 10'7 ft
Basement Level Living Room 10'1 x 10'1 ft
Basement Level Dining Room 6'11 x 6'11 ft
Basement Level Kitchen 6'10 x 6'10 ft
Basement Level Bedroom 8'9 x 8'9 ft
Basement Level Bedroom 9'3 x 9'3 ft
Basement Level Bedroom 9'0 x 9'0 ft
Basement Level Flex Room 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #4
Basement No #3
Listed by: RE/MAX Select Properties

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.

Neighborhood & Transit Info

Public Schools

Elementary
Lord Tweedsmuir Elementary School
Average
0.42 km
6.5/10
Middle
Fraser River Middle School
1.59 km

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

Private Schools

Elementary
Our Lady of Mercy School
Above Average
0.76 km
10/10
Secondary
St.Thomas More Collegiate
0.79 km

Closest Transit

Bus Stop
Westbound 8th Ave @ 14 St
0.08 km
Skytrain
Skytrain @ 22Nd St Stn
1.19 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
29.8%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
57.6%
Employment Rate
Above Average
67.7%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $659
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $10,582/month in total housing costs on this $2,598,000 property — $9,923 mortgage payment, $659 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $7,622/month estimated rent and $10,798/month in total housing costs, this property has a -$3,176/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,598,000
New Westminster Loading...
West End NW Loading...
No active comparables are currently available for this property type in New Westminster. Pricing context may be limited at this time.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 1416 Eighth Avenue, New Westminster, BC?
The closest top-rated schools are Lord Tweedsmuir Elementary School and Fraser River Middle School.
Is 1416 Eighth Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1416 Eighth Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $15,588.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $15,964
0 of 17 missions

Sign up on Estateblock.com

$798 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent