916 Eighth St, New Westminster, BC

$800,000
Est. Mortgage /mo

MLS® R3042795

0 sqft
$800,000
Est. /mo with 20% down
Tax $14,240/2024
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

Great property for future development and potential land assembly with neighbouring lot. 65' frontage x 86' depth. 5,612 sqft corner lot. Official Community Plan (OCP) allows for infill townhouses / Row house multi-family designation and potentially increased density with an updated OCP.

General Info

Price $800,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 5612
Lot Size Depth Feet
Lot Size Frontage 65.09
Basement Features -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features -
Structures Land Only

Additional Details

MLS® # R3042795
Building Name -
Area New Westminster
Neighbourhood Moody Park
City New Westminster
Postal Code V3M 3T2
Price per Sqft -
Gross Taxes $14,239.77
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

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

Parking

Total Parking Spaces -
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.

Neighborhood & Transit Info

Public Schools

Elementary
Lord Kelvin Elementary School
Average
0.57 km
5.2/10
Middle
Fraser River Middle School
1.6 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
0.43 km
Secondary
St.Thomas More Collegiate
0.58 km

Closest Transit

Bus Stop
Northbound 8th St @ 10 Ave
0.05 km
Skytrain
Skytrain @ New Westminster Stn
2.08 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
26.1%
No Certificate/Degree
Average
13.6%
Owner Occupied
Below Average
58.9%
Employment Rate
Average
56.1%

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 $1,187
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($160,000), the estimated monthly payment for this listing is $4,242/month — $3,055 principal & interest, $1,187 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%
At an estimated rental income of $2,966/month, this property runs a $1,409/month shortfall after mortgage and carrying costs. Break-even requires approximately 57% down.
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 $800,000
New Westminster Loading...
Moody Park Loading...
There are currently no active comparable Lands 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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