Investor Alert! Rare opportunity to acquire a standalone development site with strong future upside. This large lot offers excellent assembly or sole development potential, enhanced by Transit-Oriented Development (TOD) policies under Provincial legislation, which may allow for multi-family townhomes to condominium development, subject to City approval. Spacious Home with 2 kitchens! Home is a Rental with only Main Floor with tenants Call Randy for more information!
General Info
Price
$2,598,000
Total Bedrooms
7
Total Bathrooms
3
Half Bathrooms
0
Floor Area Total (sqft)
3222
Lot Size
9801
Lot Size Depth
Feet
Lot Size Frontage
66
Basement
Full
Basement Features
-
Property Metrics
Year Built
1929
Age Of Building
97
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3075127
Building Name
-
Area
New Westminster
Neighbourhood
West End NW
City
New Westminster
Postal Code
V3M 2S4
Price per Sqft
$806
Gross Taxes
$7,903.2
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
-
Heating Type
Other
Utilities
Utility Type
Community
Utility Sewer
Public Sewer
Water (WaterSource)
Public
Parking
Parking Type
Carport Single, Lane Access, Asphalt
Total Parking Spaces
2
Rooms
Floor
Type
Dimensions
Main Level
Living Room
13'4 x 13'4 ft
Main Level
Dining Room
11'10 x 11'10 ft
Main Level
Kitchen
10'10 x 10'10 ft
Main Level
Family Room
9'11 x 9'11 ft
Main Level
Bedroom
11'4 x 11'4 ft
Main Level
Bedroom
9'10 x 9'10 ft
Main Level
Foyer
4'8 x 4'8 ft
Main Level
Laundry
5'8 x 5'8 ft
Above Level
Bedroom
9'7 x 9'7 ft
Above Level
Bedroom
10'7 x 10'7 ft
Basement Level
Living Room
10'1 x 10'1 ft
Basement Level
Dining Room
6'11 x 6'11 ft
Basement Level
Kitchen
6'10 x 6'10 ft
Basement Level
Bedroom
8'9 x 8'9 ft
Basement Level
Bedroom
9'3 x 9'3 ft
Basement Level
Bedroom
9'0 x 9'0 ft
Basement Level
Flex Room
9'0 x 9'0 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Above Level
No
#4
Basement
No
#3
Listed by: RE/MAX Select Properties
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.
Neighborhood & Transit Info
Public Schools
Elementary
Lord Tweedsmuir Elementary School
Average
0.42 km
6.5/10
Middle
Fraser River Middle School
1.59 km
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 School
0.76 km
Secondary
St.Thomas More Collegiate
0.79 km
Closest Transit
Bus Stop
Westbound 8th Ave @ 14 St
0.08 km
Skytrain
Skytrain @ 22Nd St Stn
1.19 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average
Demographics
Post-Secondary Education
Average
29.8%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
57.6%
Employment Rate
Above Average
67.7%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$659
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $10,582/month in total housing costs on this $2,598,000 property — $9,923 mortgage payment, $659 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
Based on $7,622/month estimated rent and $10,798/month in total housing costs, this property has a -$3,176/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,598,000
New Westminster
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West End NW
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No active comparables are currently available for this property type in New Westminster. Pricing context may be limited at this time.
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
Property FAQs
What are the closest top-rated schools to 1416 Eighth Avenue, New Westminster, BC?
The closest top-rated schools are Lord Tweedsmuir Elementary School and Fraser River Middle School.
Is 1416 Eighth Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1416 Eighth Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $15,588.
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