Vancouver Homes
451 E Eighth Avenue, New Westminster, V3L 4K9 — photo 1

$1,198,000

451 E Eighth Avenue, New Westminster, V3L 4K9
Active
5 Bedrooms 3 Bathrooms 3,150 sqft Built 1906 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Prime 5,640 sq ft lot with lane access and sweeping views, located in a desirable New Westminster neighborhood. This property is being sold for land value only. Quiet street with easy access to schools, parks, transit, and shopping. Rare chance to secure a view lot with back lane in an evolving, family-friendly community. Buyers to verify development potential with the City.

None

Property Details

MLS #

R3015395

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS1

Bedrooms

5

Full Baths

3

Half Baths

0

Kitchens

1

Living Area

3,150 sqft

Main Floor

1,750 sqft

Above Main

700 sqft

Basement

Yes

Lot Size

5,640 sqft

Lot Dimensions

47 x 120

Frontage

47

Year Built

1906

Age

119 years

Roof

Other

Construction

Frame Wood, Other (Exterior)

Structure

Residential Detached

Parking Stalls

3

Original Price

$1,198,000

Taxes

$5,969.02/yr

Listed

2025-06-13

MLS Area

The Heights NW

City

New Westminster

Postal Code

V3L 4K9

Features & Finishes

Heating

Other

Flooring

Other

Patio / Porch

Patio

Building & Community

Lot Features

Central Location, Lane Access, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Location

Open in Google Maps

Coordinates: 49.231083, -122.896199 · Map data © Google

8.5

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market— 42% below market $/sqft
Days on market— 325 days — significantly stale, strong negotiation position
Price history— No price reduction — seller firm on price
Market conditions— Buyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

Medium confidence

Suggested Offer

$1,110,634

7.3% below asking price

Negotiation Range

$1,080,684 – $1,128,604

$47,920 spread

$1,080,684$1,198,000 ask

Based on 11 recent sales, a starting offer around $1,110,634 (7.3% below ask) is reasonable. Your negotiation range is $1,080,684 – $1,128,604.

What's factored in

Market baseline— 11 recent New Westminster sales closed at median 95% of list price
Extended market time— 325 days listed — well above market avg of 163 days, increased negotiation leverage
Above-average DOM— 325d vs market avg of 163d — property may have a pricing or condition issue

Based on 11 residential sales in New Westminster (last 60 days) · Updated May 4

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