Home New Westminster, BC Uptown NW Park Ridge 703 550 Eighth Street

703 550 Eighth St, New Westminster BC V3M 3R9 – Condo for Sale – MLS® R3154334

703 550 Eighth Street, New Westminster, British Columbia V3M 3R9

New Westminster Condos for Sale

94 days on the market

$399,999

Est. monthly cost $2,391/mo

Updated with MLS® - Nov 11, 2026 at 11:45pm

Park Ridge

2 Beds

1 Baths

971 sqft

412 $ /sqft

594.08 $ Maint. fee

1982 built

Photos

Welcome to the heart of Uptown New Westminster! This spacious 2-bedroom home offers a functional layout with an open kitchen and well-defined living and dining areas—ideal for both everyday living and entertaining. Having the convenience of in-suite laundry adds to the comfort of the home. Complete with 1 parking stall and a storage locker. Enjoy an exceptionally walkable location just steps from Moody Park and across from Royal City Centre, with shopping, groceries, cafés, restaurants and transit all close by. No pets permitted. A great opportunity to enjoy space, convenience and an established Uptown neighbourhood at an attractive price point. Book your private showing today!

Building 26 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$399,999
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	971
Year Built	1982
Age Of Building	44
Building Type	Apartment/Condo
Unit Style	Inside unit
Property Type	Residential
Building Amenities	Bike Room, Caretaker, Trash, Hot Water, Management, Sewer, Snow Removal
Building Name	Park Ridge
Ownership Type	Freehold Strata
Maintenance Fee	$594.08
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Caretaker, Trash, Hot Water, Management, Sewer, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Not Allowed
Pet Restrictions	No
Rental Suites	None
Units In Development	49

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3154334
Area	New Westminster
Neighbourhood	Uptown NW
City	New Westminster
Postal Code	V3M 3R9
Gross Taxes	$2,216.91
Zoning	RM-4

Property Timeline

Status	Date	Price
R3154334 / Active	08-10-2026	$399,999

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'10 x 12'10 ft
Main Level	Kitchen	9'11 x 9'11 ft
Main Level	Dining Room	8'1 x 8'1 ft
Main Level	Primary Bedroom	10'0 x 10'0 ft
Main Level	Bedroom	9'3 x 9'3 ft
Main Level	Foyer	3'8 x 3'8 ft
Main Level	Laundry	3'8 x 3'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3

Listed by: Homelife Benchmark Realty Corp. & Homelife Property Management BC

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.

About the building: Park Ridge

550 Eighth Street, Uptown NW, New Westminster

Park Ridge building details

Building

Built: 1982
Homes: 49 in 9 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: NWS1891
Managed by: Century 21
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Not allowed
Rentals: Allowed

Market at Park Ridge

For sale: 2
Median ask: $414K
Median $/sqft: $421
Days on market: 68
Sold, past year: 5

This home

$412/sqft, 2.1% below the building median of $421.

Homes for sale at Park Ridge, New Westminster Recent sold listings in Park Ridge, New Westminster

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 1.34 km · crime average · sell-speed score 61/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (78 nearby)

Winners · 205 m · Department Store
Posh digits · 207 m · Beauty Shop
Label express · 235 m · Clothes

Restaurants (55 nearby)

Panago · 108 m · Fast Food
Sushi farm · 133 m · Fast Food
Hi dozo sushi · 228 m · Restaurant

Groceries (26 nearby)

No. 8th street grocery · 123 m · Convenience
Save-on-foods · 157 m · Supermarket
Jak's · 259 m · Beverages

Cafes (23 nearby)

Starbucks · 162 m · Cafe
Connections café · 195 m · Cafe
Lucy's cafe & bakery · 216 m · Cafe

Healthcare (7 nearby)

Shoppers drug mart · 276 m · Healthcare
Pharmasave · 297 m · Healthcare
Belmont pharmacy · 320 m · Healthcare

Transit (1 nearby)

Bus stop westbound 8th ave @ 12 st · 725 m · Transit

Public Schools

Elementary
Lord Kelvin Elementary School: Average 0.46 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: 1.34 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

61 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $456,653

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.34 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

94 DOM

Slower than area

Uptown NW avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

703 550 Eighth Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.4% 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 15% and an area average of 50 days on market — conditions are balanced. With 374 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).

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. Nearest station: New Westminster Sapperton Park, New Westminster (~2.8 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.

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 465 m
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 659 m
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 705 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 864 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 870 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 870 m
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 955 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 —	N/A	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 —	N/A	Distance 2.93 KM

Pre-computed routes from 703 550 Eighth St, New Westminster, BC

703 550 Eighth St, New Westminster, BC New Westminster 1.3 km

48 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
48 min
Metrotown, Burnaby via New Westminster → Metrotown
30 min
SFU Burnaby via New Westminster → Production Way
28 min
Richmond Centre via New Westminster → Brighouse
73 min
YVR Airport via New Westminster → YVR-Airport
74 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
6 min
Richmond Centre via No. 3 Rd
19 min
YVR Airport via Bridgeport / Sea Island
22 min

Calculate your commute

703 550 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 703 550 Eighth Street

Walker's Paradise 97

Walk Score - Walker's Paradise

Daily errands do not require a car

Good Transit 67

Transit Score - Good Transit

Many nearby public transportation options

Bikeable 68

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $2,391/month · rent estimate $1,647/month · owning catches up with renting by year 24 · cash flow if rented −$872/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 703 550 Eighth Street

$2,391 /month

Principal & Interest $1,612

Property Taxes $185

Maintenance fee $594

The estimated monthly cost of 703 550 Eighth Street, New Westminster is $2,391: $1,612 principal and interest with 20% down over 30 years at 4.45%, plus $185 property tax and $594 strata fee.

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

−$872 /month

Mortgage Payment $1,612

Monthly Cash Flow −$872

Break Even Down Payment 64%

Cap Rate -2.6%

Cash on Cash -13.1%

If 703 550 Eighth Street, New Westminster were rented at $1,647 a month with 5% vacancy, it would fall $872 a month short of the mortgage and carrying costs; about 64% down would break even.

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

Estateblock Rent Estimate for 703 550 Eighth Street, New Westminster

$1,647 / month

Rent $1,647

Own $2,391

Principal: $518/mo Interest, tax, insurance, fees: $1,873/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$434/mo (year 1) → ~$1,009/mo (year 20) → ~$1,505/mo (year 29).

Net cost to own at year 5 ~$1,873/mo About $226/mo more than renting

EstateBlock estimates 703 550 Eighth Street, New Westminster would rent for about $1,647 a month.

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.

Rent vs own: 703 550 Eighth Street

Rent vs own

Owning catches up by year 24

With 20% down ($80,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $28,516

Principal paid off by year 10 $64,124

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 703 550 Eighth Street, New Westminster is cheaper at first, but owning catches up by year 24, with $28,516 of principal paid off by year 5 and $64,124 by year 10.