451 E EIGHTH AVENUE, New Westminster
$1,198,000
This 5,640 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.
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.
How this price compares
This lot asks $212 per square foot of lot. That is 9% below the median of $233 across the 105 active lots VanPlex is showing in New Westminster, and puts it 39 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
- $1,198,000
- Lot size
- 5,640 sqft
- Lot dimensions
- 47 x 120
- Frontage
- 47 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1906
- Zoning
- RS-1
- MLS® area
- The Heights NW
- MLS® number
- R3015395
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Listing data via MLS®. Displayed for information only. Zoning RS-1 stamped from the city record on 2026-09-19.