262 Hume St, New Westminster BC V3M 5N5 – House for Sale – MLS® R3179051

262 Hume Street, New Westminster, British Columbia V3M 5N5

15 days on the market
$1,699,000
Est. monthly cost $7,528/mo
Updated with MLS® -
6 Beds
5 Baths
3324 sqft
511 $ /sqft
2024 built
15 days on the market
$1,699,000
Est. $7,528/mo with 20% down
Updated with MLS® -

Property Details for 262 Hume Street

Exceptional value! Stunning custom-built 2024 detached home on a desirable corner lot in New Westminster! Featuring 6 bedrooms and 5 bathrooms, elegant living and dining areas, and a chef-inspired kitchen with a large island. Four upper-level bedrooms offer exceptional family comfort. A legal 1-bedroom suite provides excellent mortgage-helper potential. Enjoy the balance of the 2-5-10 New Home Warranty. The corner lot offers added privacy and convenient parking. Prime location near Queensborough Landing, Costco Business Centre, Walmart, schools, transit, parks, scenic riverfront trails, recreation facilities, and major routes. A fantastic opportunity for families and investors seeking quality, convenience, and long-term value!

Building Details

Price $1,699,000
Total Bedrooms 6
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3324
Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Independent living, Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Single, Rear Access, Concrete, Garage Door Opener
Total Parking Spaces 2
Rental Suites Legal Suite

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Range Top
Interior Features Central Vacuum
Fireplace 1
Heating Type Heat Pump, Natural Gas, Radiant
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Downtown, Mountains
Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 4081.73
Lot Size Depth Feet
Lot Size Frontage 46.44
MLS® # R3179051
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 5N5
Gross Taxes $8,172.26
Zoning RQ1

Property Timeline

Status Date Price
R3179051 / Active 10-28-2026 $1,699,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 12'6 x 12'6 ft
Main Level Family Room 10' x 10' ft
Main Level Kitchen 11'6 x 11'6 ft
Main Level Dining Room 11'4 x 11'4 ft
Main Level Patio 8'8 x 8'8 ft
Main Level Patio 9'6 x 9'6 ft
Main Level Laundry 7' x 7' ft
Main Level Kitchen 12'2 x 12'2 ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Bedroom 10'2 x 10'2 ft
Main Level Patio 12'6 x 12'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #3

Listed by: eXp Realty of Canada Inc.

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 2.06 km · New Westminster Secondary School 6.7/10 · 4.23 km · crime average · sell-speed score 45/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (7 nearby)

  • Queensboro pizza · 432 m · Fast Food
  • Buffet · 436 m · Restaurant
  • Racebook · 509 m · Restaurant

Shopping (4 nearby)

  • Good luck hair design · 374 m · Hairdresser
  • Goodfellas barber · 484 m · Hairdresser
  • Queensborough laundromat · 625 m · Laundry

Groceries (3 nearby)

  • Chinoy's supermart · 370 m · Convenience
  • Take the cake · 467 m · Bakery
  • Queensborough landing liquor store · 992 m · Beverages

Healthcare (1 nearby)

  • Queensborough community pharmacy · 636 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound westminster hwy @ willett ave · 911 m · Transit

Public Schools

Secondary
New Westminster Secondary School
Average 4.23 km 6.7/10
Middle
Queensborough Middle School
1.3 km
Elementary
Queen Elizabeth Elementary School
Average 0.91 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
Our Lady of Mercy
Above Average 1.95 km 10/10
Elementary,Secondary
Choice School For Gifted Children
Above Average 3.15 km 10/10

Closest Transit

Bus Stop
Westbound Ewen Ave @ Hume St
0.07 km
Skytrain
Skytrain @ 22Nd St Stn
2.06 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

45 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $1,794,500
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.06 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
15 DOM
Very fast
Queensborough avg
29 DOM
Average
New Westminster avg
29 DOM
Slower market

262 Hume Street has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.3% 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 5N5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 5N5, 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 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~4.3 km). Annual avg AQHI 2.2 — 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

8 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

In Catchment
6.5 / 10

Distance

914 m

Hamilton Elementary

Public

Grades Served

—

Catchment Info

—
6.8 / 10

Distance

970 m

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

In Catchment
N/A

Distance

1.30 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

1.95 KM

Fraser Park Secondary School Program

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.26 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

2.31 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.75 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.83 KM

Pre-computed routes from 262 Hume St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    53 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    35 min
  • SFU Burnaby via 22nd Street → Production Way
    41 min
  • Richmond Centre via 22nd Street → Brighouse
    78 min
  • YVR Airport via 22nd Street → YVR-Airport
    79 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    19 min
  • Metrotown, Burnaby via Lougheed Hwy
    7 min
  • SFU Burnaby via Gaglardi Way
    10 min
  • Richmond Centre via No. 3 Rd
    16 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

262 Hume St, New Westminster, BC is ideally located for commuters. The property is 2.1 km from 22nd Street, with a 53 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Ewen Ave @ Hume St (0.07 km). Walk Score Transit rating: Some Transit (47/100).

Walkability & Transit Near 262 Hume Street

Walk Score Badge
Somewhat Walkable 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 75

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $7,528/month · rent estimate $5,749/month · owning nets $65/month less than renting · cash flow if rented −$2,242/month

Mortgage Calculator for 262 Hume Street

30-year fixed
$7,528 /month
Principal & Interest $6,847
Property Taxes $681
Maintenance fee $0

The estimated monthly cost of 262 Hume Street, New Westminster is $7,528: $6,847 principal and interest with 20% down over 30 years at 4.45%, plus $681 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

−$2,242 /month
Mortgage Payment $6,847
Monthly Cash Flow −$2,242
Break Even Down Payment 47%
Cap Rate -1.6%
Cash on Cash -7.9%

If 262 Hume Street, New Westminster were rented at $5,749 a month with 5% vacancy, it would fall $2,242 a month short of the mortgage and carrying costs; about 47% 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 262 Hume Street, New Westminster

$5,749 / month
Rent $5,749
Own $7,528
Principal: $2,202/mo Interest, tax, insurance, fees: $5,326/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,843/mo (year 1) → ~$4,287/mo (year 20) → ~$6,394/mo (year 29).

Net cost to own at year 5 ~$5,326/mo About $423/mo less than renting

EstateBlock estimates 262 Hume Street, New Westminster would rent for about $5,749 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: 262 Hume Street

Rent vs own

Owning nets $65/mo less than renting

With 20% down ($339,800) at 4.45%: $5,684/mo net cost to own in year 1 vs $5,749/mo rent

Principal paid off by year 5 $121,123
Principal paid off by year 10 $272,367

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 262 Hume Street, New Westminster nets about $65 a month less than renting it in year 1, with $121,123 of principal paid off by year 5 and $272,367 by year 10.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $1,699,000
New Westminster Loading...
Queensborough Loading...

Based on 2 comparable active Single Family Residences in Queensborough, the average asking price is $1,794,500. This listing is priced 5.3% below the neighbourhood average.

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 262 Hume Street

Walk Score Badge
Somewhat Walkable 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 75

Bike Score - Very Bikeable

Biking is convenient for most trips

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