247 Wood St, New Westminster BC V3M 5K5 – House for Sale – MLS® R3165831

247 Wood Street, New Westminster, British Columbia V3M 5K5

59 days on the market
$975,000
Est. monthly cost $4,360/mo
Updated with MLS® -
4 Beds
2 Baths
1376 sqft
709 $ /sqft
1936 built
23.1% cheaper than comps
59 days on the market
$975,000
Est. $4,360/mo with 20% down
Updated with MLS® -

Property Details for 247 Wood Street

23.1% cheaper than comps

Fully refreshed and back on the market! This 4-bedroom, 2-bath detached home sits on a generous 6,500 sq ft lot with tons of potential. The entire exterior has been refreshed, including new front and back stairs and a newly built front deck. Enjoy a beautifully landscaped garden and gorgeous backyard—this outdoor space truly needs to be seen! The well-maintained roof was recently cleaned. Live in, rent out, renovate, or hold for future growth. A beautiful home with incredible potential at a great price!

Building Details

Price $975,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1376
Year Built 1936
Age Of Building 90
Building Type Single Family Residence
Property Type Residential
Stories 3
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Other
Total Parking Spaces 2

Interior Features

Basement Finished Area (sqft) 0
Basement Features Exterior Entry, Unfinished
Heating Type Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 6515
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3165831
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 5K5
Gross Taxes $5,168.73
Zoning RQ1

Property Timeline

Status Date Price
R3165831 / Active 09-15-2026 $975,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 13'6 x 13'6 ft
Main Level Foyer 6'3 x 6'3 ft
Main Level Bedroom 9'1 x 9'1 ft
Main Level Kitchen 6'5 x 6'5 ft
Main Level Mud Room 7'1 x 7'1 ft
Main Level Dining Room 12'10 x 12'10 ft
Above Level Bedroom 9'5 x 9'5 ft
Above Level Other 8'0 x 8'0 ft
Above Level Primary Bedroom 11'9 x 11'9 ft
Above Level Bedroom 9'1 x 9'1 ft
Basement Level Other 29'6 x 29'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #4

Listed by: Oakwyn Realty Encore

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, sell speed & climate

SkyTrain 1.45 km · New Westminster Secondary School 6.7/10 · 3.08 km · crime average · sell-speed score 62/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (17 nearby)

  • Sue's hair salon · 114 m · Hairdresser
  • Hd nails spa · 739 m · Hairdresser
  • La vie en rose · 796 m · Clothes

Restaurants (11 nearby)

  • Epic grill silogs · 246 m · Restaurant
  • Opa! · 677 m · Fast Food
  • Subway · 691 m · Fast Food

Groceries (4 nearby)

  • Foody world · 746 m · Supermarket
  • Queensborough landing liquor store · 857 m · Beverages
  • Bulk barn · 868 m · Supermarket

Cafes (2 nearby)

  • Starbucks · 672 m · Cafe
  • Bubble waffle cafe · 686 m · Cafe

Healthcare (1 nearby)

  • Queensborough community pharmacy · 812 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound ewen ave @ jardine st · 964 m · Transit

Public Schools

Secondary
New Westminster Secondary School
Average 3.08 km 6.7/10
Middle
Queensborough Middle School
0.29 km
Elementary
Queen Elizabeth Elementary School
Average 0.58 km 6.5/10

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

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 1.86 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 1.86 km 10/10

Closest Transit

Bus Stop
Eastbound Ewen Ave @ Wood St
0.08 km
Skytrain
Skytrain @ 22Nd St Stn
1.45 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

Sell Speed & Competition

62 / 100
Overall sell-speed score
Moderate pace expected
A+
Price competition grade
Avg comparable: $1,268,667
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.45 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 QUEENSBOROUGH compares
This property
59 DOM
Slower than area
Queensborough avg
29 DOM
Average
New Westminster avg
29 DOM
Faster market

247 Wood Street has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 23.1% below comparable active properties in Queensborough, which is a strong competitive signal. 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 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 V3M 5K5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 5K5, 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 A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~4.3 km). Annual avg AQHI 2.1 — 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.

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

In Catchment
N/A

Distance

295 m

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

In Catchment
6.5 / 10

Distance

578 m

John Knox Christian - Secondary Campus

Independent

Grades Served

—

Catchment Info

—
9.2 / 10

Distance

1.86 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.88 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.96 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

—
4.8 / 10

Distance

1.96 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.26 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

—
N/A

Distance

2.27 KM

Hamilton Elementary

Public

Grades Served

—

Catchment Info

—
6.8 / 10

Distance

2.40 KM

Fraser River Middle

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

2.41 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

—
4.0 / 10

Distance

2.47 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

2.51 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.57 KM

Compass Christian New West

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

2.75 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

2.79 KM

Al-Hidayah School

Independent

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

2.83 KM

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.92 KM

Pre-computed routes from 247 Wood St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    45 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    27 min
  • SFU Burnaby via 22nd Street → Production Way
    33 min
  • Richmond Centre via 22nd Street → Brighouse
    70 min
  • YVR Airport via 22nd Street → YVR-Airport
    71 min

By car (off-peak)

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

Calculate your commute

247 Wood St, New Westminster, BC is ideally located for commuters. The property is 1.5 km from 22nd Street, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Ewen Ave @ Wood St (0.08 km). Walk Score Transit rating: Some Transit (46/100).

Walkability & Transit Near 247 Wood Street

Walk Score Badge
Somewhat Walkable 58

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 46

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 77

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $4,360/month · rent estimate $3,615/month · owning nets $313/month less than renting · cash flow if rented −$1,088/month

Mortgage Calculator for 247 Wood Street

30-year fixed
$4,360 /month
Principal & Interest $3,929
Property Taxes $431
Maintenance fee $0

The estimated monthly cost of 247 Wood Street, New Westminster is $4,360: $3,929 principal and interest with 20% down over 30 years at 4.45%, plus $431 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.

Investment Cashflow Calculator

−$1,088 /month
Mortgage Payment $3,929
Monthly Cash Flow −$1,088
Break Even Down Payment 43%
Cap Rate -1.3%
Cash on Cash -6.7%

If 247 Wood Street, New Westminster were rented at $3,615 a month with 5% vacancy, it would fall $1,088 a month short of the mortgage and carrying costs; about 43% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 247 Wood Street, New Westminster

$3,615 / month
Rent $3,615
Own $4,360
Principal: $1,264/mo Interest, tax, insurance, fees: $3,096/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,058/mo (year 1) → ~$2,460/mo (year 20) → ~$3,669/mo (year 29).

Net cost to own at year 5 ~$3,096/mo About $519/mo less than renting

EstateBlock estimates 247 Wood Street, New Westminster would rent for about $3,615 a month.

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.

Rent vs own: 247 Wood Street

Rent vs own

Owning nets $313/mo less than renting

With 20% down ($195,000) at 4.45%: $3,302/mo net cost to own in year 1 vs $3,615/mo rent

Principal paid off by year 5 $69,508
Principal paid off by year 10 $156,302

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 247 Wood Street, New Westminster nets about $313 a month less than renting it in year 1, with $69,508 of principal paid off by year 5 and $156,302 by year 10.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $975,000
New Westminster Loading...
Queensborough Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar Single Family Residences average $1,268,667 across 2 active listings — this listing is 23.1% below the New Westminster average. This property is flagged as a Hot Deal (23.1% cheaper than comparables) 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 Greater Vancouver REALTORS® 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 247 Wood Street

Walk Score Badge
Somewhat Walkable 58

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 46

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 77

Bike Score - Very Bikeable

Biking is convenient for most trips

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