305 466 E Eighth Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3142384

$424,900
Est. Mortgage $1,880/mo
Park Villa
1 Beds
1 Baths
642 sqft
662 $ /sqft
465.62 $ Maint. fee
1975 built
NEW
$424,900
Est. $1,880/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

Photos

Property Details for 305 466 E Eighth Avenue

Welcome to your fully renovated condo at Park Villa! This beautifully updated home features brand-new appliances and stylish, modern finishes throughout, offering a move-in-ready living experience. Conveniently located just minutes from Braid SkyTrain Station in New Westminster, this centrally situated home provides easy access to shopping, Royal Columbian Hospital, Skwo:wech Elementary School, Hume Park, the New Westminster Quay Market, and many other everyday amenities. Whether you're a first-time buyer, downsizer, or investor, this exceptional location combines comfort, convenience, and connectivity. Maintenance fee includes use of shared laundry facility. Some photos virtually staged. Quick Possession Possible.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Heating Type Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Structures Multi Family, Residential Attached

Building Details

Price $424,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 642
Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Sauna/Steam Room, Trash, Management, Other, Snow Removal
Building Name Park Villa
Ownership Type Freehold Strata
Maintenance Fee $465.62
Amenities Nearby Clubhouse, Sauna/Steam Room, Trash, Management, Other, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Units In Development 39

Lot & Land

MLS® # R3142384
Area New Westminster
Neighbourhood Sapperton
City New Westminster
Postal Code V3L 4L2
Gross Taxes $1,674.03
Zoning RM-2

Property Timeline

Status Date Price
R3142384 / Active 07-03-2026 $424,900
R3101627 / Sold 04-07-2026 $274,900
R3097526 / Terminated 03-09-2026 $274,900
Rooms
Floor Type Dimensions
Main Level Living Room 17'7 x 17'7 ft
Main Level Eating Area 7'10 x 7'10 ft
Main Level Kitchen 7'6 x 7'6 ft
Main Level Bedroom 13'5 x 13'5 ft
Main Level Foyer 5'1 x 5'1 ft
Main Level Patio 3'10 x 3'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Hugh & McKinnon 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
St.Michaels School
0.59 km
Elementary,Secondary
Urban Academy Senior
Above Average
0.67 km
8.6/10

Closest Transit

Bus Stop
Eastbound E 8th Ave @ Buchanan Ave
0.05 km
Skytrain
Skytrain @ Sapperton Stn
0.80 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
27.9%
No Certificate/Degree
Below Average
9.9%
Owner Occupied
Average
72.2%
Employment Rate
Average
61.3%

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

64 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $409,434
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.80 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 SAPPERTON compares
This property
6 DOM
Very fast
Sapperton avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

305 466 E Eighth Avenue has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.6% above comparable active properties in Sapperton. The local market is currently a Seller's Market with a sales-to-active ratio of 21.4% and an area average of 51 days on market — buyers are active. With only 252 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 V3L 4L2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 4L2, 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 (~0.4 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 305 466 E Eighth Avenue

Pre-computed routes from 305 466 E Eighth Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    44 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    26 min
  • SFU Burnaby via Sapperton → Production Way
    20 min
  • Richmond Centre via Sapperton → Brighouse
    69 min
  • YVR Airport via Sapperton → YVR-Airport
    70 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    20 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    23 min
  • YVR Airport via Bridgeport / Sea Island
    25 min

Calculate your commute

305 466 E Eighth Ave, New Westminster, BC is ideally located for commuters. The property is 0.8 km from Sapperton, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 8th Ave @ Buchanan Ave (0.05 km). Walk Score Transit rating: Excellent Transit (71/100).

Walkability & Transit Near 305 466 E Eighth Avenue

Walk Score Badge
Car-Dependent 86

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 305 466 E Eighth Avenue

/month
Principal & Interest
Property Taxes $140
Maintenance fee 465.62
A 20% down payment of $84,980 on this $424,900 listing yields an estimated mortgage of $1,623/month (30-year fixed, 4%). Total estimated housing cost: $2,229/month, $140 property tax, $466 maintenance fee.
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
With $1,663/month in estimated rental income against $2,278/month in mortgage payments, the monthly cashflow is -$615/month. A 51% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Sapperton, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $424,900
New Westminster Loading...
Sapperton Loading...

Based on 4 comparable active apartments/condos in Sapperton, the average asking price is $409,783. This listing is priced 3.7% above the neighbourhood average.

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 305 466 E Eighth Avenue

Walk Score Badge
Car-Dependent 86

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

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