1416 EIGHTH AVENUE, New Westminster
$1,775,000
This 9,801 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.
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
How this price compares
This lot asks $181 per square foot of lot. That is 22% below the median of $233 across the 105 active lots VanPlex is showing in New Westminster, and puts it 23 of 105 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
- $1,775,000
- Lot size
- 9,801 sqft
- Lot dimensions
- 66 x 148.5
- Frontage
- 66 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1928
- Zoning
- RGO-A
- MLS® area
- West End NW
- MLS® number
- R3156048
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Listing data via MLS®. Displayed for information only. Zoning RGO-A stamped from the city record on 2026-09-19.