2206 EIGHTH AVE, New Westminster BC V3M 2V1, New westminster, BC

$1,845,000
Est. Mortgage /mo

MLS® R2962104

$1,845,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
2 Stories
lot 5995 sqft
1596 sqft
1940 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

An incredible opportunity awaits savvy developers and investors in the heart of New Westminster! Located directly adjacent to the 22nd Street SkyTrain Station, this prime piece of real estate offers unbeatable accessibility and potential for future growth. With the recent announcement of Bill 47 (Transit-Oriented Areas), the subject properties are poised for redevelopment into a condominium tower with a minimum height of 12 storeys and a density of 4.0 FAR. This significant zoning update makes this a must-consider opportunity for those looking to capitalize on the city's growing transit-oriented development strategy. Strategically located near essential services, public transport, and with proximity to the vibrant New Westminster waterfront. Buyers should consult with the city of New West.

General Info

Price $1,845,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1596
Lot Size 5995
Lot Size Depth Metres
Lot Size Frontage 49.97
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1940
Age Of Building 85
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Refrigerator
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2962104
Area New Westminster
Neighbourhood Connaught Heights
City New Westminster
Gross Taxes $5,687
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Electric, Natural Gas

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, RV Access/Parking, Side Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning NR-2
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $1,845,000
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Listed by: Royal LePage West Real Estate Services

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 Info

Public Schools

Elementary
Connaught Heights Elementary School
Above Average
0.34 km
Rating 7.1/10
Middle
Fraser River Middle School
2.6 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Our Lady of Mercy School
1.97 km
Rating 10/10
Secondary
St.Thomas More Collegiate
1.92 km
No Rating

Closest Transit

Translink
Westbound 8th Ave @ 22 St
0.02 km

2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 is serviced by Connaught Heights Elementary School. The property with listing MLS® R2962104 is located 0.34 km from the school. Connaught Heights Elementary School has a rating of Rating 7.1/10.

The closest Elementary independent school to this home for sale located at 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 is Our Lady of Mercy School with School's rating Rating 10/10, located 1.97 km from this home.

The closest to this address 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.92 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 volation disturbances in this neighbourhood. The overall crime rate near the address - 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate next to the listing MLS® R2962104 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 134.4. There were 111 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -5.34%

Property crimes in the neighbourhood close to real estate listing for sale 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 are Average. Property misconduct rating adjacent to MLS® R2962104 is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -11.79%

There were 1,143 violent lawbreaking disorders in 2020. 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Westbound 8th Ave @ 22 St in 0.02 km away from this listing with - MLS® R2962104.

21.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 which is Average in comparison with other BC neighbourhoods. 17.6% of population in this neighbourhood that is near the Listing MLS® R2962104 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is $81152 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2962104 is $31424 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 63.2% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2962104 is 7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 where population change between 2011 and 2016 was -3.6%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is 2418.2 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2962104 is 69.6% and it is High. % of Married or living common law is around 52.1% and it is Below Average.

Average age of the population close to the 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 is 40.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is $1104717 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1. $1819 owners spent in average for the dwelling. Tenants are paying $1110 in this district close to MLS® R2962104 and it is Above Average comparing to other cities.

36.1% of Population in this district near the 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is 5.7%, it is Below Average, % of English speakers only is 90.6% and Average. % of French speakers adjacent to 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 only is 0.3% and it is Average. % of Neither English nor French speakers close to home for sale 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC is 3.4% and it is High comparing to other BC cities.

34.4% of all population in the area around this property with the address 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1, New westminster, BC using Public Transport which is High, 62% of using population are using Cars around MLS® R2962104, which is Low. 1.2% of people using Bicycles around the 2206 EIGHTH AVENUE, New Westminster BC V3M 2V1 and it is Average. 2.5% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,845,000
New westminster No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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