1416 Eighth Ave, New Westminster BC - Single Family Residence for Sale - MLS# R3141191

$1,999,900
Est. Mortgage $8,848/mo
6 Beds
3 Baths
3132 sqft
639 $ /sqft
1928 built
$1,999,900
Est. $8,848/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 1416 Eighth Avenue

Incredible opportunity for a 66' x 148' lot in the West End, one of New Westminster’s most desirable neighbourhoods. The City has recently rezoned this lot for multiplex, allowing up to four units, making it ideal for builders, investors or multi-generational families. This is the largest lot currently on the market in the West End and one of the largest on the market in the entire city. The wide frontage and impressive depth offer valuable flexibility for multiplex design, layout and spacing. The current home is approx. 3,000 sq.ft. and tenanted up/down, providing holding income while plans are explored. Great central location within walking distance to SkyTrain, parks and bus stops, with quick access to amenities and major routes.

Interior Features

Basement Finished Area (sqft) 1256
Basement Features Finished
Heating Type Electric, Forced Air
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,999,900
Total Bedrooms 6
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3132
Year Built 1928
Age Of Building 98
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 2

Lot & Land

Lot Size 9801
Lot Size Depth Feet
Lot Size Frontage 66
MLS® # R3141191
Area New Westminster
Neighbourhood West End NW
City New Westminster
Postal Code V3M 2S4
Gross Taxes $7,903.2
Zoning RGO-A

Property Timeline

Status Date Price
R3141191 / Active 06-26-2026 $1,999,900
R3075127 / Terminated 12-29-2025 $2,398,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'0 x 14'0 ft
Main Level Dining Room 13'5 x 13'5 ft
Main Level Kitchen 10'10 x 10'10 ft
Main Level Family Room 17'7 x 17'7 ft
Main Level Bedroom 12'5 x 12'5 ft
Main Level Bedroom 11'3 x 11'3 ft
Main Level Foyer 13'10 x 13'10 ft
Main Level Laundry 7'4 x 7'4 ft
Above Level Bedroom 15'2 x 15'2 ft
Above Level Bedroom 13'8 x 13'8 ft
Basement Level Living Room 14'8 x 14'8 ft
Basement Level Eating Area 7'11 x 7'11 ft
Basement Level Kitchen 13'1 x 13'1 ft
Basement Level Bedroom 11'2 x 11'2 ft
Basement Level Bedroom 14'6 x 14'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #4
Basement No #3

Listed by: Oakwyn Realty Ltd.

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 - Secondary Campus
Above Average
1.12 km
10/10
Secondary
St. Thomas More Collegiate
Above Average
0.78 km
8.3/10

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

Sell Speed & Competition

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.19 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 WEST END NW compares
This property
13 DOM
Very fast
West End NW avg
40 DOM
Average
New Westminster avg
40 DOM
Slower market

1416 Eighth Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10% and an area average of 40 days on market — buyers have more leverage. With only 110 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 V3M 2S4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 2S4, 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 (~3.8 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1416 Eighth Avenue

Pre-computed routes from 1416 Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    42 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    24 min
  • SFU Burnaby via 22nd Street → Production Way
    30 min
  • Richmond Centre via 22nd Street → Brighouse
    67 min
  • YVR Airport via 22nd Street → YVR-Airport
    68 min

By car (off-peak)

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

Calculate your commute

1416 Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 1.2 km from 22nd Street, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 8th Ave @ 14 St (0.08 km). Walk Score Transit rating: Excellent Transit (70/100).

Walkability & Transit Near 1416 Eighth Avenue

Walk Score Badge
Car-Dependent 76

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
64

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 1416 Eighth Avenue

/month
Principal & Interest
Property Taxes $659
Maintenance fee 0
Financing 80% of the $1,999,900 asking price over 30 years at 4% results in approximately $8,297/month in total estimated carrying costs, $659 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 $6,227/month in rental income, leaving a -$2,278/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — West End NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $1,999,900
New Westminster Loading...
West End NW Loading...

No active comparable properties are currently available for this property type in New Westminster. The price evaluation chart will update as similar listings enter the market.

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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1416 Eighth Avenue

Walk Score Badge
Car-Dependent 76

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
64

Bike Score - Bikeable

Some bike infrastructure

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