$750,000
Prime development opportunity in the heart of New Westminster. This 5,612 sq ft corner lot with NR-2 zoning offers excellent potential for future redevelopment, including infill townhomes, rowhomes, or land assembly. Central location steps to Moody Park, schools, shopping, and transit makes this a highly desirable site for builders and investors. Property is currently leased with holding income, and environmental work has been initiated. Buyers to do their own due diligence. Bonus opportunity: the neighbouring property at 910 Eighth Street is also available, creating strong potential for assembly and increased density.
| View Description | Mountains |
|---|---|
| Structures | Land Only |
| Price | $699,800 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Nearby, Natural Gas Connected, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 5612 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 65.09 |
| MLS® # | R3117270 |
| Area | New Westminster |
| Neighbourhood | Moody Park |
| City | New Westminster |
| Postal Code | V3M 3T2 |
| Gross Taxes | $15,509.49 |
| Zoning | NR-2 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
916 Eighth Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" 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 may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 3T2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.9 km). Annual avg AQHI 0 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
916 Eighth St, New Westminster, BC is ideally located for commuters. The property is 2.1 km from New Westminster, with a 57 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 8th St @ 10 Ave (0.05 km). Walk Score Transit rating: Good Transit (56/100).
Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar properties average $829,200 across 2 active listings — this listing is 15.6% below the New Westminster average. This property is flagged as a Hot Deal (6.7% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$720,000
317 Stanley Street, New Westminster, BC
8.7% price reduction
$790,000
LT.4 11083 River Road, Delta, BC
8.7% price reduction
$790,000
LT.3 11083 River Road, Delta, BC
8.7% price reduction
$790,000
LT.5 11083 River Road, Delta, BC
$699,900
10585 128 Street, Surrey, BC
$699,900
10583 128 Street, Surrey, BC
$826,000
13069 Old Yale Road, Surrey, BC
$825,000
11836 87 Avenue, Delta, BC
$859,900
11426 138a Street, Surrey, BC
$824,900
13858 115 Avenue, Surrey, BC
$699,000
13920 King Road, Surrey, BC
$900,000
11420 138a Street, Surrey, BC
By car (off-peak)