$750,000
Prime development opportunity in the heart of New Westminster. This 5,612 sq ft corner lot with NR-2 zoning offers excellent potential for future redevelopment, including infill townhomes, rowhomes, or land assembly. Central location steps to Moody Park, schools, shopping, and transit makes this a highly desirable site for builders and investors. Property is currently leased with holding income, and environmental work has been initiated. Buyers to do their own due diligence.
| View Description | Mountains |
|---|---|
| Structures | Land Only |
| Price | $699,800 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Nearby, Natural Gas Connected, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 5612 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 65.09 |
| MLS® # | R3117270 |
| Area | New Westminster |
| Neighbourhood | Moody Park |
| City | New Westminster |
| Postal Code | V3M 3T2 |
| Gross Taxes | $15,509.49 |
| Zoning | NR-2 |
Listed by: RE/MAX All Points Realty & RE/MAX All Points 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
916 Eighth Street has a sell-speed score of 78/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 63% below comparable active properties in Moody Park, 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 attract offers within 1–3 weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 3T2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.9 km). Annual avg AQHI 0 — Low Risk.
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.
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.
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.
29 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
New Westminster Secondary School |
Public |
Grades Served9-12
|
Catchment Info—
|
Distance131 m
|
|
Sigma |
Public |
Grades Served—
|
Catchment Info—
|
Distance232 m
|
|
Twelfth Avenue Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance294 m
|
|
New Westminster Continuing Education |
Public |
Grades Served—
|
Catchment Info—
|
Distance400 m
|
|
St. Thomas More Collegiate |
Independent |
Grades Served—
|
Catchment Info—
|
Distance542 m
|
|
Lord Kelvin Elementary School |
Public |
Grades ServedK-5
|
Catchment InfoIn Catchment
|
Distance570 m
|
|
Herbert Spencer Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance1.20 KM
|
|
John Knox Christian - Elementary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.36 KM
|
|
Ecole Glenbrook Middle School |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.50 KM
|
|
Lord Tweedsmuir Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.50 KM
|
|
John Knox Christian - Secondary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.51 KM
|
|
Fraser River Middle |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.61 KM
|
|
Royal City Alternate Program |
Public |
Grades Served8-11
|
Catchment Info—
|
Distance1.62 KM
|
|
F W Howay Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.75 KM
|
|
Al-Hidayah School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.76 KM
|
|
Compass Christian New West |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.82 KM
|
|
POWER Alternate Secondary School |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance1.88 KM
|
|
Lakeview Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.91 KM
|
|
Cariboo Hill Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.05 KM
|
|
Purpose Independent Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.09 KM
|
|
Connaught Heights Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.31 KM
|
|
Morley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.31 KM
|
|
Taylor Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.33 KM
|
|
New Westminster Online Schools |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.45 KM
|
|
Skwo:wech |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.51 KM
|
|
Armstrong Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.57 KM
|
|
Buckingham Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.61 KM
|
|
St. Francis de Sales |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.64 KM
|
|
Brantford Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.82 KM
|
Calculate your commute
916 Eighth St, New Westminster, BC is ideally located for commuters. The property is 2.1 km from New Westminster, with a 57 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 8th St @ 10 Ave (0.05 km). Walk Score Transit rating: Good Transit (56/100).
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar properties average $1,892,000 across 2 active listings — this listing is 63% below the New Westminster average. This property is flagged as a Hot Deal (6.7% price reduction, 63% cheaper than comparables) based on its competitive pricing and market demand.
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