118 QUEENS AVENUE, New Westminster

$1,999,999

This 8,712 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.

PRESTIGE AND HERITAGE: A rare opportunity in the heart of Queens Park, where timeless elegance meets exceptional potential. Set on an expansive 8,712 sq. ft. corner lot, 118 Queens Avenue offers Fraser River views, south-southeast exposure, and lane access, surrounded by the grand residences and mature, tree-lined streets that define one of New Westminster’s most distinguished neighbourhoods. With heritage-exempt status and remarkable scale, the property offers an exceptional canvas for a private legacy residence or the opportunity to explore future redevelopment, subject to City approvals. Close to Queen’s Park, with established amenities, schools, and transit, this is a rare offering where location, land, and long-term potential come together.

How this price compares

This lot asks $230 per square foot of lot. That is 2% below the median of $235 across the 103 active lots VanPlex is showing in New Westminster, and puts it 48 of 103 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price: $1,999,999
Lot size: 8,712 sqft
Lot dimensions: 66 x
Frontage: 66 ft
Bedrooms: 1
Bathrooms: 0
Year built: 1903
Zoning: RS-4
MLS® area: Queens Park
MLS® number: R3169628

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Listing data via MLS®. Displayed for information only. Zoning RS-4 stamped from the city record on 2026-09-25.