1135 Salter St, New Westminster, BC, MLS® R3002624

$12,500,000
Est. Mortgage /mo

13.8% price reduction

$12,500,000
$14,500,000
Est. Mortgage /mo
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
0 Stories
lot 100625 sqft
0 sqft
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1135 Salter St, New Westminster, BC | MLS® R3002624 Property Details

13.8% 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.

General Info

Price $12,500,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 2.31
Lot Size Depth Feet
Lot Size Frontage 0
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3002624
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Gross Taxes $42,962.84
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

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

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RT-3
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

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.

Neighborhood Info

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

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

Welcome to 1135 Salter Street, a charming home for sale in the heart of New Westminster, BC!

As a seasoned realtor with extensive knowledge of the area, I'm excited to share with you the unique features and benefits of living in this wonderful neighborhood.

Education

Your child will thrive in the nearby Queen Elizabeth Elementary School, which is just a short 0.45 km from 1135 Salter Street. With a rating of 6.1/10, this school provides a solid foundation for young learners. For independent school options, Fawkes Academy is a 3.52 km drive away, and Purpose Independent Secondary School is a 3.48 km drive, offering students a range of educational choices.

Safety

New Westminster is a safe and welcoming community, with an overall crime rate of 6,761.11 per 100,000 population, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 5,584 incidents in this neighborhood. The good news is that the crime rate has decreased by 10.42% over the years.

Demographics

This vibrant neighborhood is home to a diverse population, with 28% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. The median household income is a respectable $94,805, which is High in comparison to the British Columbia average. With a strong sense of community, 65.1% of families in the area are married or living common law, and 66.9% have children, making it an ideal place to raise a family.

Transit

Getting around New Westminster is convenient, with the Westbound Ewen Ave @ Jardine St bus station just 0.23 km away from 1135 Salter Street. The average commute time is relatively short, making it an attractive option for those who want to balance work and play.

Lifestyle Amenities

New Westminster offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The area is perfect for outdoor enthusiasts, with plenty of opportunities for hiking, cycling, and water activities.

Real Estate Context

With an average dwelling value of $725,290, this neighborhood is a great investment opportunity for those looking to own a home in New Westminster. The average owner payments are High, with homeowners spending an average of $1,958 per month. Tenants, on the other hand, pay an average of $1,214 per month, which is Above Average compared to other cities.

Community

New Westminster is a thriving community with a strong sense of pride and belonging. With a population density of 2,609.3 people per square kilometer, it's a vibrant and diverse area to call home. Whether you're a young family or an empty nester, this neighborhood has something for everyone.

Commuting

Getting around New Westminster is relatively easy, with 73.8% of residents using cars, which is Below Average compared to other cities. However, 21.5% of residents use public transportation, which is Above Average. With its convenient location and range of transportation options, 1135 Salter Street is an ideal choice for those who value flexibility and accessibility.

In summary, 1135 Salter Street is a wonderful home for sale in the heart of New Westminster, BC. With its strong education system, safe community, diverse demographics, convenient transit options, and range of lifestyle amenities, it's an attractive choice for families, professionals, and anyone looking to call this vibrant neighborhood home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $12,500,000
New Westminster No comparables
Queensborough No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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