1416 Eighth Avenue, New Westminster
Incredible opportunity for a 66' x 148' lot in the West End, one of New Westminster´s most desirable neighbourhoods. The City has recently rezoned this lot for multiplex, allowing up to four units, making it ideal for builders, investors or multi-generational families. This is the largest lot currently on the market in the West End and one of the largest on the market in the entire city. The wide frontage and impressive depth offer valuable flexibility for multiplex design, layout and spacing. The current home is approx. 3,000 sq.ft. and tenanted up/down, providing holding income while plans are explored. Great central location within walking distance to SkyTrain, parks and bus stops, with quick access to amenities and major routes. WATCH THE VIDEO: See What Makes This Lot Truly Different (id:1945)
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Property details for 1416 Eighth Avenue, New Westminster
- Type
- Residential
- Style
- 2 Level
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 3,132 square feet
- Lot Size
- 9801
- Basement
- Finished, Unknown, Unknown
- Heating
- Forced air, Electric
- Ownership
- Freehold
- Annual Taxes
- $7,903 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 1416 Eighth Avenue
Active Listings
4
Min Price
$995,000
Max Price
$2,800,000
Avg Price
$2,021,000
Days on Market
293
days
Sold Listings
2
Min Sold Price
$1,775,000
Max Sold Price
$1,892,000
Avg Sold Price
$1,833,500
Days until Sold
78
days
Neighbourhood Census Data
New Westminster, British Columbia / Colombie-Britannique
Population
642
Median Age
40.4
Median Income
$41,152
Dwelling Value
$1,003,106
Housing Tenure
Owners 78%
Renters 23%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3
Pop. Density: 4,288.6/km²
Avg Shelter Cost: $1,804/mo
Owners with Mortgage: 61.3%
Owners Spending 30%+: 9.7%
Tenants Spending 30%+: 0%
English only: 89.1%
English and French: 9.4%
Neither: 1.6%
Median Household Income: $105,899
Median Employment Income: $42,304
Price History
Listed
October 2, 2026
by Oakwyn Realty Ltd.
Current Price
$1,599,000
-5.9% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,599,000 | $100,900 (-5.9%) |
| Oct 23, 2026 | $1,699,900 | Listed |
