916 Eighth St, New Westminster BC - Land for Sale - MLS# R3117270

$750,000
Est. Mortgage $3,318/mo
0 sqft
$750,000
Est. $3,318/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 916 Eighth Street

Prime development opportunity in the heart of New Westminster. This 5,612 sq 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. Bonus opportunity: the neighbouring property at 910 Eighth Street is also available, creating strong potential for assembly and increased density.

Exterior Features

View Description Mountains
Structures Land Only

Building Details

Price $750,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Nearby, Natural Gas Connected, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 5612
Lot Size Depth Feet
Lot Size Frontage 65.09
MLS® # R3117270
Area New Westminster
Neighbourhood Moody Park
City New Westminster
Postal Code V3M 3T2
Gross Taxes $15,509.49
Zoning NR-2

Property Timeline

Status Date Price
R3117270 / Active 04-29-2026 $750,000

Listed by: RE/MAX All Points Realty & RE/MAX All Points Realty

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
Lord Kelvin Elementary School
Average
0.57 km
5.2/10
Middle
Fraser River Middle School
1.6 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
0.43 km
10/10
Secondary
St.Thomas More Collegiate
0.58 km

Closest Transit

Bus Stop
Northbound 8th St @ 10 Ave
0.05 km
Skytrain
Skytrain @ New Westminster Stn
2.08 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
26.1%
No Certificate/Degree
Average
13.6%
Owner Occupied
Below Average
58.9%
Employment Rate
Average
56.1%

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 916 Eighth Street

Mortgage Calculator for 916 Eighth Street

/month
Principal & Interest
Property Taxes $1,292
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,156/month in total housing costs on this $750,000 property — $2,864 mortgage payment, $1,292 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%
Based on $2,858/month estimated rent and $4,281/month in total housing costs, this property has a -$1,423/month cashflow. Break-even down payment: approximately 60%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Moody Park, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $750,000
New Westminster Loading...
Moody Park Loading...

No active comparable properties are currently available for this property type in New Westminster. The price evaluation chart will update as similar listings enter the market.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $5,338
0 of 17 missions

Sign up on Estateblock.com

$267 / 5%

Buy with us & save on this property

Similar Lands for Sale in New Westminster