39 Eighth Ave, New Westminster BC - Land for Sale - MLS# R3147105

50 days on the market
$2,511,750
Est. Mortgage $11,112/mo
Listing updated:
EstateBlock checked:
0 sqft
50 days on the market
$2,511,750
Est. $11,112/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 39 Eighth Avenue

Prime Land Assembly Opportunity! An exceptional opportunity to acquire a strategic land assembly poised for redevelopment. Currently zoned RGO-A, this offering provides significant scale and an efficient footprint ideal for developers looking to maximize yield. Positioned on a quiet, accessible street with excellent frontage, this site offers the perfect balance of residential appeal and urban convenience. The contiguous parcels offer favorable topography to streamline construction, while existing structures provide holding income potential during the planning phases. Located minutes from everyday amenities, green spaces, and commuter routes.

Exterior Features

Structures Land Only

Building Details

Price $2,511,750
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 8930.04
Lot Size Depth Feet
Lot Size Frontage 84.8
MLS® # R3147105
Area New Westminster
Neighbourhood The Heights NW
City New Westminster
Postal Code V3L 4J4
Gross Taxes $7,663.18
Zoning RGO-A

Property Timeline

Status Date Price
R3147105 / Active 07-15-2026 $2,511,750

Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.

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,Secondary
John Knox Christian - Elementary Campus
Above Average 0.8 km 9.3/10
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average 0.8 km 9.3/10

Closest Transit

Bus Stop
Eastbound E 8th Ave @ McBride Blvd
0.08 km
Skytrain
Skytrain @ Sapperton Stn
1.51 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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $349,133
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.51 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
50 DOM
Slower than area
The Heights NW avg
37 DOM
Average
New Westminster avg
37 DOM
Faster market

39 Eighth Avenue has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 86.1% above comparable active properties in The Heights NW. 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 could take longer than the area average to sell.

Climate Risk for V3L 4J4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 4J4, 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 (~1.2 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 (9 nearby)

  • Subway · 253 m · Fast Food
  • Woomi sushi · 304 m · Fast Food
  • I:t char burger · 312 m · Fast Food

Shopping (5 nearby)

  • Gvc credit union · 290 m · Bank
  • Aminehs hair salon · 868 m · Hairdresser
  • Scotiabank · 921 m · Bank

Groceries (4 nearby)

  • Bc liquor store · 333 m · Beverages
  • Choices market · 888 m · Greengrocer
  • One stop bakery · 905 m · Bakery

Cafes (2 nearby)

  • Starbucks · 257 m · Cafe
  • Season's apple café · 922 m · Cafe

Healthcare (1 nearby)

  • Pharmasave · 940 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound queens park care centre @ blackberry dr · 998 m · Transit

Schools NearBy

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

311 m

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

480 m

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

753 m

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

801 m

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

825 m

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

834 m

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.16 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

1.19 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.34 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.45 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.58 KM

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

0

Distance

1.73 KM

Home Learners Program

Public

Grades Served

Catchment Info

10.0 / 10

Distance

1.80 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

1.86 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.86 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

1.98 KM

Urban Academy Junior

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.98 KM

Urban Academy Senior

Independent

Grades Served

Catchment Info

8.8 / 10

Distance

1.98 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

2.02 KM

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

2.11 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.20 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

2.22 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

2.38 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

2.51 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

2.59 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.64 KM

Pre-computed routes from 39 Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    52 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    34 min
  • SFU Burnaby via Sapperton → Production Way
    28 min
  • Richmond Centre via Sapperton → Brighouse
    77 min
  • YVR Airport via Sapperton → YVR-Airport
    78 min

By car (off-peak)

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

Calculate your commute

39 Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 1.5 km from Sapperton, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 8th Ave @ McBride Blvd (0.08 km). Walk Score Transit rating: Some Transit (49/100).

Walkability & Transit Near 39 Eighth Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 49

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 39 Eighth Avenue

/month
Principal & Interest
Property Taxes $639
Maintenance fee 0
Financing 80% of the $2,511,750 asking price over 30 years at 4% results in approximately $10,232/month in total estimated carrying costs, $639 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
This listing generates an estimated $5,899/month in rental income, leaving a -$4,542/month cashflow at current carrying costs. Investors targeting break-even would need roughly 58% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 39 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 $2,511,750
New Westminster Loading...
The Heights NW Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar properties average $1,349,933 across 2 active listings — this listing is 86.1% above the New Westminster 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 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 39 Eighth Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 49

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

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