2141 Marine Way, New Westminster, BC

$2,199,000
Est. Mortgage /mo

MLS® R3052137

5 Beds
3 Baths
2720 sqft
808 $ /sqft
1949 Built
$2,199,000
$2,299,000
Est. /mo with 20% down
$808/sqft · Tax $4,195/2025
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

Property Details & Specs

Developer & Investor Alerts – Exceptional Opportunity in New Westminster! Solid home on a generous 8,370 sq ft lot with strong rental potential while you wait for future development. This prime, transit-oriented investment is ideally located adjacent to the 22nd Street SkyTrain Station. Under Bill 47 (Transit-Oriented Areas), the subject properties are designated for high-rise redevelopment with a minimum 20 storeys and 5 FSR density. Just steps from the SkyTrain, the site offers unmatched convenience for future residents. Access by appointment only. Buyers must verify zoning, OCP, and all details with the City of New Westminster.

General Info

Price $2,199,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2720
Lot Size 8370
Lot Size Depth Feet
Lot Size Frontage 51
Basement Partially Finished
Basement Features -

Property Metrics

Year Built 1949
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3052137
Building Name -
Area New Westminster
Neighbourhood Connaught Heights
City New Westminster
Postal Code V3M 2H2
Price per Sqft $808
Gross Taxes $4,195.11
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Forced Air, Other

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Front Access
Total Parking Spaces 4
Listed by: eXp Realty of Canada, Inc. & eXp 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.

Neighborhood & Transit Info

Public Schools

Elementary
Connaught Heights Elementary School
Above Average
0.55 km
7.1/10
Middle
Fraser River Middle School
2.47 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
1.99 km
Secondary
St.Thomas More Collegiate
1.95 km

Closest Transit

Bus Stop
22nd Street Station @ Bay 8
0.02 km
Skytrain
Skytrain @ 22Nd St Stn
0.11 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
21.1%
No Certificate/Degree
Above Average
17.6%
Owner Occupied
Average
63.2%
Employment Rate
Above Average
69.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Possible

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $350
Maintenance fee 0
A 20% down payment of $439,800 on this $2,199,000 listing yields an estimated mortgage of $8,399/month (30-year fixed, 4%). Total estimated housing cost: $8,749/month, $350 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 Payment 0%
With $6,862/month in estimated rental income against $8,946/month in mortgage payments, the monthly cashflow is -$2,084/month. A 40% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,199,000
New Westminster Loading...
Connaught Heights Loading...
There are currently no active comparable Single Family Residences in New Westminster to benchmark against. Check back as new 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

Property FAQs

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

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