Home New Westminster, BC Queensborough 324 Lawrence Street

324 Lawrence St, New Westminster BC – House for Sale – MLS® R2955623

324 Lawrence Street, New Westminster, British Columbia V3M 5L2

New Westminster Houses for Sale

643 days on the market

$1,299,000

Est. Mortgage $5,747/mo

Listing updated: Jul 16, 2026 at 08:58am

EstateBlock checked: Oct 17, 2026 at 09:25pm

3 Beds

1 Baths

800 sqft

1624 $ /sqft

1931 built

18.8% price reduction

Photo

Remarkable opportunity in the fast-growing Queensborough. Builders : Future Potential to SUBDIVIDE to Two 33 x 130 Lots. We are excited to present a double lot property with the potential for development, featuring sub-dividable RQ-1 zoning that is strategically located amidst upscale residences. The property currently includes an existing house on two lots, promising a lucrative venture for developers and builders alike. Centrally located in trendy Queensborough is close to various amenities and attractions, including Queensborough Landing Shopping Centre, Walmart, Casino, Starbucks, Tim Hortons, Boston Pizza, Queensborough Middle School, Parks and Sports Field, Queensborough Bridge, Alex Fraser Bridge and Hwy 91.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Heating Type	Natural Gas
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Private Yard
Roof	Other
Structures	Residential Detached

Building Details

Price	$1,299,000
Total Bedrooms	3
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	800
Year Built	1931
Age Of Building	95
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Rancher/Bungalow
Stories	1
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Other, Front Access
Total Parking Spaces	12
Rental Suites	None

Lot & Land

Lot Size	8633.94
Lot Size Depth	Feet
Lot Size Frontage	66
MLS^® #	R2955623
Area	New Westminster
Neighbourhood	Queensborough
City	New Westminster
Postal Code	V3M 5L2
Gross Taxes	$6,324.46
Zoning	RQ-1

Property Timeline

Status	Date	Price
R2955623 / Active	01-13-2025	$1,299,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'0 x 17'0 ft
Main Level	Primary Bedroom	11'0 x 11'0 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Kitchen	13'0 x 13'0 ft
Main Level	Attic	13'0 x 13'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: eXp 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

Public Schools

Secondary
New Westminster Secondary School: Average 3.16 km 6.7/10
Middle
Queensborough Middle School: 0.49 km
Elementary
Queen Elizabeth Elementary School: Average 0.47 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 1.91 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 2.07 km 10/10

Closest Transit

Bus Stop
Westbound Ewen Ave @ McGillivray Place: 0.17 km
Skytrain
Skytrain @ 22Nd St Stn: 1.27 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

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

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.27 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

643 DOM

Slower than area

Queensborough avg

29 DOM

Average

New Westminster avg

29 DOM

Faster market

324 Lawrence Street 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 V3M 5L2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 5L2, 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 (~4.2 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.

Nearby Restaurants, Cafes & Shops

Shopping (18 nearby)

Sue's hair salon · 341 m · Hairdresser
Hd nails spa · 404 m · Hairdresser
La vie en rose · 475 m · Clothes

Restaurants (17 nearby)

Opa! · 338 m · Fast Food
Subway · 355 m · Fast Food
Dana pani indian cuisine · 403 m · Restaurant

Groceries (5 nearby)

Foody world · 462 m · Supermarket
Queensborough landing liquor store · 480 m · Beverages
Bulk barn · 493 m · Supermarket

Cafes (2 nearby)

Starbucks · 332 m · Cafe
Bubble waffle cafe · 349 m · Cafe

Healthcare (1 nearby)

Queensborough community pharmacy · 532 m · Healthcare

Transit (1 nearby)

Bus stop eastbound duncan st @ 400 block · 937 m · Transit

Schools NearBy

14 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 469 m
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info In Catchment	N/A	Distance 486 m
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 1.73 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.82 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 1.91 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 2.07 KM
Hamilton Elementary	Public	Grades Served —	Catchment Info —	6.8 / 10	Distance 2.13 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 2.24 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.34 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 2.52 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.61 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.66 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 2.77 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.92 KM

Pre-computed routes from 324 Lawrence St, New Westminster, BC

324 Lawrence St, New Westminster, BC 22nd Street 1.3 km

43 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via 22nd Street → Waterfront
43 min
Metrotown, Burnaby via 22nd Street → Metrotown
25 min
SFU Burnaby via 22nd Street → Production Way
31 min
Richmond Centre via 22nd Street → Brighouse
68 min
YVR Airport via 22nd Street → YVR-Airport
69 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
9 min
Richmond Centre via No. 3 Rd
17 min
YVR Airport via Bridgeport / Sea Island
21 min

Calculate your commute

324 Lawrence St, New Westminster, BC is ideally located for commuters. The property is 1.3 km from 22nd Street, with a 43 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Ewen Ave @ McGillivray Place (0.17 km). Walk Score Transit rating: Some Transit (49/100).

Walkability & Transit Near 324 Lawrence Street

Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car

Some Transit 49

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 77

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 324 Lawrence Street

/month

Principal & Interest

Property Taxes $527

Maintenance fee 0

Financing 80% of the $1,299,000 asking price over 30 years at 4% results in approximately $5,488/month in total estimated carrying costs, $527 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

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,812/month in rental income, leaving a -$1,841/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.

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

Estateblock Rent Estimate for 324 Lawrence Street, New Westminster

Buy Vs Rent Calculator

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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.