504 550 Eighth St, New Westminster BC - Apartment/Condo for Sale - MLS# R3129100
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Listing updated:
EstateBlock checked:
Parkridge
2
Beds
1
Baths
1001
sqft
425
$
/sqft
601.76
$
Maint. fee
1982
built
Closed
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This property sold for
$●●●,●●●
Listing updated:
EstateBlock checked:
Photo
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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
0.47 km
5.7/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
0.87 km
10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
0.87 km
10/10
Closest Transit
Bus Stop
Westbound Sixth Ave @ Eighth St
0.05 km
Skytrain
Skytrain @ New Westminster Stn
1.33 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average
Demographics
Post-Secondary Education
Below Average
26.1%
No Certificate/Degree
Average
13.6%
Owner Occupied
Below Average
58.9%
Employment Rate
Average
56.1%
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
64 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $494,700
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.33 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
91 DOM
Slower than area
Uptown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market
504 550 Eighth Street has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band.
The listing is priced 16.4% below comparable active properties in Uptown NW, which is a strong competitive signal.
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 3R9
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 3R9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
FloodLower Risk
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
FireLow
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 QualityB / Good
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.8 km). Annual avg AQHI 0 — Low Risk.
HeatModerate
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.
PrecipitationIncreasing
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.
DroughtStable
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 (78 nearby)
Winners
· 205 m · Department Store
Posh digits
· 208 m · Beauty Shop
Label express
· 236 m · Clothes
Restaurants (56 nearby)
Panago
· 109 m · Fast Food
Sushi farm
· 134 m · Fast Food
Hi dozo sushi
· 228 m · Restaurant
Groceries (26 nearby)
No. 8th street grocery
· 125 m · Convenience
Save-on-foods
· 157 m · Supermarket
Jak's
· 258 m · Beverages
Cafes (23 nearby)
Starbucks
· 162 m · Cafe
Connections café
· 197 m · Cafe
Lucy's cafe & bakery
· 216 m · Cafe
Healthcare (7 nearby)
Shoppers drug mart
· 276 m · Healthcare
Pharmasave
· 295 m · Healthcare
Belmont pharmacy
· 319 m · Healthcare
Transit (1 nearby)
Bus stop westbound 8th ave @ 12 st
· 726 m · Transit
Schools NearBy
26 Schools are within 3km
School
Type
Grades Served
Catchment Info
Rating
Distance
Lord Kelvin Elementary School
Public
Grades Served
K-5
Catchment Info
In Catchment
5.7/ 10
Distance
467 m
New Westminster Secondary School
Public
Grades Served
9-12
Catchment Info
—
6.7/ 10
Distance
661 m
Sigma
Public
Grades Served
—
Catchment Info
—
4.6/ 10
Distance
706 m
Fraser River Middle
Public
Grades Served
—
Catchment Info
—
5.8/ 10
Distance
862 m
Royal City Alternate Program
Public
Grades Served
8-11
Catchment Info
—
0
Distance
869 m
John Knox Christian - Secondary Campus
Independent
Grades Served
—
Catchment Info
—
9.2/ 10
Distance
869 m
New Westminster Continuing Education
Public
Grades Served
—
Catchment Info
—
6.7/ 10
Distance
957 m
Herbert Spencer Elementary School
Public
Grades Served
K-5
Catchment Info
—
6.9/ 10
Distance
1.01 KM
Twelfth Avenue Elementary School
Public
Grades Served
K-7
Catchment Info
—
5.9/ 10
Distance
1.02 KM
Al-Hidayah School
Independent
Grades Served
—
Catchment Info
—
4.0/ 10
Distance
1.05 KM
Compass Christian New West
Independent
Grades Served
—
Catchment Info
—
6.4/ 10
Distance
1.10 KM
St. Thomas More Collegiate
Independent
Grades Served
—
Catchment Info
—
8.3/ 10
Distance
1.12 KM
POWER Alternate Secondary School
Public
Grades Served
10-12
Catchment Info
—
4.8/ 10
Distance
1.16 KM
Purpose Independent Secondary School
Independent
Grades Served
8-12
Catchment Info
—
4.0/ 10
Distance
1.34 KM
Ecole Glenbrook Middle School
Public
Grades Served
—
Catchment Info
—
6.5/ 10
Distance
1.36 KM
Lord Tweedsmuir Elementary
Public
Grades Served
—
Catchment Info
—
6.1/ 10
Distance
1.53 KM
John Knox Christian - Elementary Campus
Independent
Grades Served
—
Catchment Info
—
9.3/ 10
Distance
1.75 KM
F W Howay Elementary
Public
Grades Served
—
Catchment Info
—
7.8/ 10
Distance
1.92 KM
New Westminster Online Schools
Public
Grades Served
—
Catchment Info
—
0
Distance
2.12 KM
Cariboo Hill Secondary School
Public
Grades Served
8-12
Catchment Info
—
6.3/ 10
Distance
2.35 KM
Connaught Heights Elementary
Public
Grades Served
—
Catchment Info
—
6.9/ 10
Distance
2.42 KM
Skwo:wech
Public
Grades Served
—
Catchment Info
—
7.2/ 10
Distance
2.48 KM
Taylor Park Elementary School
Public
Grades Served
K-7
Catchment Info
—
7.7/ 10
Distance
2.63 KM
Lakeview Elementary School
Public
Grades Served
K-7
Catchment Info
—
7.4/ 10
Distance
2.66 KM
Armstrong Elementary
Public
Grades Served
—
Catchment Info
—
7.3/ 10
Distance
2.83 KM
Queensborough Middle School
Public
Grades Served
5-8
Catchment Info
—
0
Distance
2.93 KM
Pre-computed routes from 504 550 Eighth St, New Westminster, BC
504 550 Eighth St, New Westminster, BC
New Westminster 1.3 km
48 min
Downtown VancouverWaterfront Station
By transit (Skytrain)
Downtown Vancouvervia New Westminster → Waterfront
48 min
Metrotown, Burnabyvia New Westminster → Metrotown
30 min
SFU Burnabyvia New Westminster → Production Way
28 min
Richmond Centrevia New Westminster → Brighouse
73 min
YVR Airportvia New Westminster → YVR-Airport
74 min
By car (off-peak)
Downtown Vancouvervia HWY 1 / Grandview
19 min
Metrotown, Burnabyvia Lougheed Hwy
7 min
SFU Burnabyvia Gaglardi Way
6 min
Richmond Centrevia No. 3 Rd
19 min
YVR Airportvia Bridgeport / Sea Island
22 min
Calculate your commute
504 550 Eighth St, New Westminster, BC is ideally located for commuters. The property is 1.3 km from New Westminster, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Sixth Ave @ Eighth St (0.05 km). Walk Score Transit rating: Good Transit (67/100).
Walkability & Transit Near 504 550 Eighth Street
Car-Dependent97
Walk Score - Walker's Paradise
Daily errands do not require a car
Some Transit67
Transit Score - Good Transit
Many nearby public transportation options
Somewhat Bikeable68
Bike Score - Bikeable
Some bike infrastructure
Mortgage Calculator for 504 550 Eighth Street
/month
Principal & Interest
Property Taxes$191
Maintenance fee601.76
Based on a 30-year fixed at 4% interest with 20% down ($85,000), the estimated monthly payment for this listing is $2,416/month — $1,623 principal & interest, $191 property tax, $602 maintenance fee.
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 Payment0%
Cap Rate
Cash on Cash
At an estimated rental income of $1,663/month, this property runs a $801/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 504 550 Eighth 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.
Price vs Neighbourhood Average — Uptown NW, New Westminster
This Home
New Westminster
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Uptown NW
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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