305 720 Eighth Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3066105

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Listing updated:
EstateBlock checked:
San Sebastian
2 Beds
2 Baths
1111 sqft
476 $ /sqft
770.34 $ Maint. fee
1974 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Lord Kelvin Elementary School
Average 0.5 km 5.2/10
Middle
Fraser River Middle School
1.29 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 0.72 km 10/10
Secondary
Vancouver International College
0.42 km

Closest Transit

Bus Stop
Westbound 8th Ave @ New Westminster Secondary
0.03 km
Skytrain
Skytrain @ New Westminster Stn
1.77 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 27%
No Certificate/Degree
Average 14.9%
Owner Occupied
Below Average 48.1%
Employment Rate
Below Average 48%

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
D
Price competition grade
Avg comparable: $449,015
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.77 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 UPTOWN NW compares
This property
64 DOM
Slower than area
Uptown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market

305 720 Eighth Avenue has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15.1% above comparable active properties in Uptown NW. The local market is currently a Balanced Market with a sales-to-active ratio of 13.9% and an area average of 30 days on market — conditions are balanced. With only 397 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 2R3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 2R3, 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 (~2.7 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

Shopping (87 nearby)

  • Concession · 111 m · Kiosk
  • G&f financial · 242 m · Bank
  • Royal city mail & business services · 271 m · Post Office

Restaurants (65 nearby)

  • Ho fung · 266 m · Restaurant
  • Pizza camp · 271 m · Fast Food
  • Mediterranean donair house · 288 m · Fast Food

Groceries (31 nearby)

  • Pinoy kanadiyan mart · 269 m · Convenience
  • Mi terra latina · 271 m · Convenience
  • No. 8th street grocery · 324 m · Convenience

Cafes (23 nearby)

  • Tim hortons · 203 m · Cafe
  • Anny's · 268 m · Cafe
  • Connections café · 287 m · Cafe

Healthcare (8 nearby)

  • Shoppers drug mart · 373 m · Healthcare
  • Belmont pharmacy · 513 m · Healthcare
  • Uptown drugs peoples pharmacy · 514 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound 12 st @ nanaimo st · 760 m · Transit

Schools NearBy

28 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

231 m

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

260 m

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
5.7 / 10

Distance

499 m

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

515 m

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

642 m

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

840 m

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

938 m

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.26 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

1.28 KM

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

1.29 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

1.31 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

1.39 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

1.41 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

1.48 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.60 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

1.60 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

1.66 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

1.76 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.03 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

2.17 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.23 KM

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.34 KM

Connaught Heights Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

2.46 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

2.54 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.56 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.66 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.94 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

2.97 KM

Pre-computed routes from 305 720 Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    53 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    35 min
  • SFU Burnaby via New Westminster → Production Way
    33 min
  • Richmond Centre via New Westminster → Brighouse
    78 min
  • YVR Airport via New Westminster → 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
    5 min
  • Richmond Centre via No. 3 Rd
    19 min
  • YVR Airport via Bridgeport / Sea Island
    22 min

Calculate your commute

305 720 Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 1.8 km from New Westminster, with a 53 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 8th Ave @ New Westminster Secondary (0.03 km).

Mortgage Calculator for 305 720 Eighth Avenue

/month
Principal & Interest
Property Taxes $206
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($105,800), the estimated monthly payment for this listing is $2,996/month — $2,020 principal & interest, $206 property tax, $770 maintenance fee.
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
At an estimated rental income of $1,967/month, this property runs a $1,082/month shortfall after mortgage and carrying costs. Break-even requires approximately 63% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 305 720 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
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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 — Uptown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home
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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

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

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