319 E Eighth Ave, New Westminster BC - Single Family Residence for Sale - MLS# R3145705

52 days on the market
$1,650,000
Est. Mortgage $7,300/mo
Listing updated:
EstateBlock checked:
3 Beds
2 Baths
2030 sqft
813 $ /sqft
21% cheaper than comps
52 days on the market
$1,650,000
Est. $7,300/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 319 E Eighth Avenue

21% cheaper than comps

Exceptional DEVELOPMENT OPPORTUNITY in the highly sought-after neighbourhood of New Westminster! This 8,994 sq. ft. (61.68 ft frontage) property has been pre-zoned RGO-A under the City's new Residential Ground-Oriented Infill Housing Program, offering the potential for a FOURPLEX development. The value is in the land, with the existing home being sold as-is where-is. Surrounded by quality new development and conveniently located near parks, schools, transit, shopping and major commuter routes, this is an outstanding opportunity for builders, developers and investors looking to capitalize on one of New Westminster's most exciting redevelopment areas. Buyer to verify all zoning, density, development potential, building design, servicing requirements and approvals with the City.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,650,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2030
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Community
Parking Type Garage Double, Lane Access
Total Parking Spaces 4

Lot & Land

Lot Size 8994
Lot Size Depth Feet
Lot Size Frontage 61.68
MLS® # R3145705
Area New Westminster
Neighbourhood The Heights NW
City New Westminster
Postal Code V3L 4K5
Gross Taxes $6,782.25
Zoning RGO-A

Property Timeline

Status Date Price
R3145705 / Active 07-13-2026 $1,650,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'6 x 12'6 ft
Main Level Porch (enclosed) 4'4 x 4'4 ft
Main Level Foyer 4'8 x 4'8 ft
Main Level Dining Room 12'6 x 12'6 ft
Main Level Kitchen 12'7 x 12'7 ft
Main Level Primary Bedroom 17'1 x 17'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Below No #3

Listed by: Sutton Centre 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
0.96 km
Elementary,Secondary
Urban Academy Senior
Above Average 1.19 km 8.6/10

Closest Transit

Bus Stop
Westbound E 8th Ave @ Cherry St
0.02 km
Skytrain
Skytrain @ Sapperton Stn
0.95 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

73 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,996,500
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.95 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
52 DOM
Slower than area
The Heights NW avg
37 DOM
Average
New Westminster avg
37 DOM
Faster market

319 E Eighth Avenue has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 21% below comparable active properties in The Heights NW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.2% and an area average of 37 days on market — conditions are balanced. With only 155 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3L 4K5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 4K5, 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 (~0.5 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 (23 nearby)

  • Hifive chicken · 433 m · Fast Food
  • Sushi box · 441 m · Restaurant
  • Pizza pizzria · 452 m · Fast Food

Shopping (21 nearby)

  • Aminehs hair salon · 449 m · Hairdresser
  • Pharmasave · 477 m · Pharmacy
  • Scotiabank · 480 m · Bank

Groceries (8 nearby)

  • Pharmasave · 477 m · Convenience
  • Choices market · 479 m · Greengrocer
  • One stop bakery · 481 m · Bakery

Healthcare (7 nearby)

  • Pharmasave · 477 m · Healthcare
  • The medicine shoppe · 633 m · Healthcare
  • Columbia prescription xpress · 657 m · Healthcare

Cafes (6 nearby)

  • Season's apple café · 446 m · Cafe
  • Starbucks · 632 m · Cafe
  • The taco factory · 662 m · Cafe

Transit (2 nearby)

  • Skytrain @ sapperton stn station · 949 m · Transit
  • Bus stop southbound richmond st @ seymour court · 964 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

207 m

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

791 m

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

837 m

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

898 m

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

0

Distance

958 m

Home Learners Program

Public

Grades Served

Catchment Info

10.0 / 10

Distance

973 m

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.18 KM

Urban Academy Junior

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.19 KM

Urban Academy Senior

Independent

Grades Served

Catchment Info

8.8 / 10

Distance

1.19 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.19 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

1.40 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

1.53 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.15 KM

Our Lady of Fatima

Independent

Grades Served

Catchment Info

8.7 / 10

Distance

2.27 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

2.28 KM

Alderson Elementary

Public

Grades Served

Catchment Info

6.3 / 10

Distance

2.30 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

2.40 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

2.48 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

2.59 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.64 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.67 KM

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

2.80 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

2.85 KM

Lord Baden-Powell Elementary School

Public

Grades Served

K-5

Catchment Info

6.3 / 10

Distance

2.92 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

2.93 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

2.99 KM

Pre-computed routes from 319 E Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    45 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    27 min
  • SFU Burnaby via Sapperton → Production Way
    21 min
  • Richmond Centre via Sapperton → Brighouse
    70 min
  • YVR Airport via Sapperton → YVR-Airport
    71 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
    25 min

Calculate your commute

319 E Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 0.9 km from Sapperton, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 8th Ave @ Cherry St (0.02 km). Walk Score Transit rating: Good Transit (67/100).

Walkability & Transit Near 319 E Eighth Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 67

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 319 E Eighth Avenue

/month
Principal & Interest
Property Taxes $565
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($330,000), the estimated monthly payment for this listing is $6,867/month — $6,302 principal & interest, $565 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
At an estimated rental income of $4,197/month, this property runs a $2,841/month shortfall after mortgage and carrying costs. Break-even requires approximately 57% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 319 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 $1,650,000
New Westminster Loading...
The Heights NW Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar Single Family Residences average $2,087,623 across 3 active listings — this listing is 21% below the New Westminster average. This property is flagged as a Hot Deal (21% 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 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 319 E Eighth Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 67

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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