240 E Eighth Ave, New Westminster BC - Single Family Residence for Sale - MLS# R3147576

62 days on the market
$1,335,000
Est. Mortgage $5,906/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
3034 sqft
440 $ /sqft
1952 built
7.9% price reduction
62 days on the market
$1,335,000
$1,450,000
Est. $5,906/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 240 E Eighth Avenue

7.9% price reduction

OPPORTUNITY in The Heights. Surprisingly quiet home inside with its double windows & Views that will blow your mind. Larger home than the rest at this very affordable price, move in condition, and with potential income to help financially. Enjoy the carpeting over hard wood floors, wood burning fireplace in living room, bright dining room opening up into lovely vaulted ceiling family room (or potential 3rd bedroom?) with wall to wall windows and sliding patio doors to capture the gorgeous views. Nicely appointed large kitchen with wood cabinets. Principle bedroom with 3 piece ensuite & new carpet. 2nd bedroom is even larger. Full height walk out bsmt with income potential, plus recroom & fireplace, workshop & shared laundry. Fenced back yard for your pets & kids.

Interior Features

Basement Finished Area (sqft) 1517
Basement Features Full, Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description RIVER , MOUNTAINS
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,335,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3034
Year Built 1952
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Carport Multiple, Open, RV Access/Parking
Total Parking Spaces 4
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 5982
Lot Size Depth Feet
Lot Size Frontage 49.84
MLS® # R3147576
Area New Westminster
Neighbourhood The Heights NW
City New Westminster
Postal Code V3L 4K2
Gross Taxes $6,964.4
Zoning RGO-A

Property Timeline

Status Date Price
R3147576 / Active 07-17-2026 $1,335,000
Rooms
Floor Type Dimensions
Main Level Living Room 18'11 x 18'11 ft
Main Level Dining Room 12'1 x 12'1 ft
Main Level Family Room 14'10 x 14'10 ft
Main Level Kitchen 14'3 x 14'3 ft
Main Level Eating Area 9' x 9' ft
Main Level Primary Bedroom 12'5 x 12'5 ft
Main Level Bedroom 12'6 x 12'6 ft
Main Level Foyer 6'11 x 6'11 ft
Basement Level Kitchen 8'3 x 8'3 ft
Basement Level Living Room 18'7 x 18'7 ft
Basement Level Bedroom 11' x 11' ft
Basement Level Utility 9'1 x 9'1 ft
Basement Level Recreation Room 18'4 x 18'4 ft
Basement Level Laundry 8'10 x 8'10 ft
Basement Level Bedroom 21'10 x 21'10 ft
Basement Level Foyer 11'7 x 11'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3
Basement No #4

Listed by: 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

Private Schools

Elementary
St.Michaels School
1.14 km
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average 1.27 km 9.3/10

Closest Transit

Bus Stop
Eastbound E 8th Ave @ Chilliwack St
0.08 km
Skytrain
Skytrain @ Sapperton Stn
1.00 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.6%
No Certificate/Degree
Below Average 9.3%
Owner Occupied
Average 62.7%
Employment Rate
Below Average 52.2%

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

Sell Speed & Competition

48 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.00 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How THE HEIGHTS NW compares
This property
62 DOM
Slower than area
The Heights NW avg
29 DOM
Average
New Westminster avg
29 DOM
Faster market

240 E Eighth Avenue has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.1% and an area average of 29 days on market — buyers have more leverage. With only 158 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3L 4K2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 4K2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~0.6 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (27 nearby)

  • Hifive chicken · 481 m · Fast Food
  • Sushi box · 491 m · Restaurant
  • Pizza pizzria · 503 m · Fast Food

Shopping (22 nearby)

  • Aminehs hair salon · 499 m · Hairdresser
  • Scotiabank · 544 m · Bank
  • Pharmasave · 549 m · Pharmacy

Groceries (9 nearby)

  • Choices market · 531 m · Greengrocer
  • One stop bakery · 539 m · Bakery
  • Pharmasave · 549 m · Convenience

Cafes (7 nearby)

  • Season's apple café · 519 m · Cafe
  • Corner cafe · 755 m · Cafe
  • Starbucks · 768 m · Cafe

Healthcare (7 nearby)

  • Pharmasave · 549 m · Healthcare
  • Columbia prescription xpress · 742 m · Healthcare
  • Pure integrative pharmacy · 744 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound cumberland st @ armstrong ave · 944 m · Transit

Schools NearBy

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

225 m

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

650 m

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

857 m

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

908 m

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.00 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.08 KM

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

0

Distance

1.14 KM

Home Learners Program

Public

Grades Served

Catchment Info

10.0 / 10

Distance

1.15 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

1.27 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

1.34 KM

Urban Academy Junior

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.34 KM

Urban Academy Senior

Independent

Grades Served

Catchment Info

8.8 / 10

Distance

1.34 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.98 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

2.10 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

2.23 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

2.30 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

2.41 KM

Our Lady of Fatima

Independent

Grades Served

Catchment Info

8.7 / 10

Distance

2.45 KM

Alderson Elementary

Public

Grades Served

Catchment Info

6.3 / 10

Distance

2.47 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.50 KM

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

2.62 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

2.66 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

2.74 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.80 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

2.82 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.84 KM

Pre-computed routes from 240 E Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    46 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    28 min
  • SFU Burnaby via Sapperton → Production Way
    22 min
  • Richmond Centre via Sapperton → Brighouse
    71 min
  • YVR Airport via Sapperton → YVR-Airport
    72 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    20 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    22 min
  • YVR Airport via Bridgeport / Sea Island
    24 min

Calculate your commute

240 E Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 1.0 km from Sapperton, with a 46 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 8th Ave @ Chilliwack St (0.08 km). Walk Score Transit rating: Good Transit (66/100).

Walkability & Transit Near 240 E Eighth Avenue

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 240 E Eighth Avenue

/month
Principal & Interest
Property Taxes $580
Maintenance fee 0
Financing 80% of the $1,335,000 asking price over 30 years at 4% results in approximately $5,679/month in total estimated carrying costs, $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%
Cap Rate
Cash on Cash
This listing generates an estimated $5,059/month in rental income, leaving a -$790/month cashflow at current carrying costs. Investors targeting break-even would need roughly 33% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 240 E Eighth Avenue, New Westminster

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — The Heights NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $1,335,000
New Westminster Loading...
The Heights NW 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. This property is flagged as a Hot Deal (7.9% 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 240 E Eighth Avenue

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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