New Westminster Real Estate

Prices from $138,000 CAD to $20,000,000 CAD Listings last updated 11/12/2018

Houses for Sale in New Westminster

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Real estate roundup: New Westminster, BC housing market overview

Point2 Homes gives you far more than a simple list of houses for sale. Get instant access to a lot of relevant information about New Westminster, BC real estate, including property descriptions, virtual tours, maps and photos. The search results pages also have a wealth of information on New Westminster, BC, if you scroll all the way down.

There are 308 houses for sale in New Westminster, BC.

Searching homes for sale in New Westminster, BC has never been more convenient. With Point2 Homes, you can easily browse through New Westminster, BC single family homes for sale, townhomes, condos and commercial properties, and quickly get a general perspective of the real estate prices. Also, you’ll never miss a bargain if you filter listings based on house price drops in the past six months.

Tools you can count on

Use the map view to find New Westminster, BC homes and apartments for sale, based on amenities or city features that you may want close by. You can close in on a specific neighbourhood or area by simply drawing around them with the polygon or radius tools. Stay informed about the latest entries on the real estate market by saving your searches. This way, you get new listings in your inbox, daily or every week, based on your preferences. If you’d like to get in touch with a professional, agents are displayed next to their listings, and they’re easy to contact through the online forms. If you want more options, you can click the Tools tab and Find an Agent, and you’ll get a list of helpful and knowledgeable real estate agents in New Westminster, BC. Visit the Point2 Homes blog and you can find up to date expert advice on many markets throughout Canada, regular market reports, neighbourhood scoops in cities throughout the provinces, real estate deals and useful recommendations.

CITY GUIDE
NEW WESTMINSTER, BRITISH COLUMBIA

New Westminster is a city located in southern British Columbia.

Founded in 1858, it presently has a population of approximately 66,000 people and a land area of around 16 square kilometers.

Considered to be an eastern suburb of Vancouver, this city was named after the city in England of the same name.

It was initially dubbed the “Royal City” by Queen Victoria of England in 1859 and it still holds this nickname.

One of the things that New Westminster is well known for are its historic and heritage sites that pay tribute to the multicultural diversity that exists within the city.

New Westminster has taken a strong initiative in the past few years to be a city that is friendly towards the growth and development of both new and existing businesses.

There are a total of four colleges in New Westminster, with Douglas College being the major post-secondary institution.

It should be of no surprise that West New Westminster several condominium towers and apartments available for rent to those who need it.

KEY FACTS:

New Westminster, British Columbia

New Westminster, British Columbia
  • Country: Canada

  • Province: British Columbia

  • Nickname(s): "New West"

  • Population: 65,976

  • Area:

    City: 15.63 km2 

economic

Economic Overview & Outlook

New Westminster has taken a strong initiative in the past few years to be a city that is friendly towards the growth and development of both new and existing businesses. This reflects in the fact that they have received several awards and top ranks pertaining to factors such as income growth, population growth, access to large markets and ease with which a business can be started from scratch. There has also been a sharp rise in the number of people in the workforce with a university degree, providing new businesses with access to top-tier talent. The industries that provide the most employment in New Westminster are wholesale & retail trade, transportation, scientific research, health care and education. It is worth mentioning that these grow. In addition to several academies that will train people with the skills they need to succeed in the workplace, the city has taken it upon themselves to provide people with the initiatives and resources they need to start their own business. Visit their official website for more details.

Lifestyle

Entertainment and Tourism

One of the things that New Westminster is well known for are its historic and heritage sites that pay tribute to the multicultural diversity that exists within the city. These sites come in the form of museums and historic centers. As an example, the Irving House Historic Center provides tourists with a glimpse of what it was like to live in Victorian times. Pictures, clothes, and ground-breaking technology at the time have been preserved for the visitor’s viewing pleasure. There’s also the Samson V Maritime Museum, where an old paddlewheeler powered by steam is used a museum to show people what it was like to use these boats in the past. Of course, that’s not all that New Westminster has to offer to its residents and visitors. There are several shopping centers and public markets that are available for those looking to go on a shopping spree. In addition to several big box chains, there are local restaurants that provide unique flavours in their dishes. Take a break from eating at a chain restaurant and given them a try! Last but not least, there are several outdoor parks and recreation centers that will help keep you in shape in-between meals.

Entertainment and Tourism
Neighbourhoods

Main sections of the city

New Westminster can generally be viewed as two separate areas: The west side of the city and the east side. There are some similarities between the two areas, and yet they are different in regards to the real estate market and the amenities that are available. This will help people make a better informed decision about the type of neighbourhood that they choose to live in.

Neighbourhoods

The western region

In the western region of New Westminster, you have the following neighbourhoods: Queensborough, Connaught Heights, West End, Kelvin, Downtown, Uptown and Brow of the Hill. This area is urban in nature and this is certainly reflected in the amenities that are available. You have a high concentration of businesses, access to the Skytrain commute system, revamped business parks, gyms, high-end restaurants and more! This is an area where young people like to spend their free time in due to the endless options that they have access to.

The eastern region

Glenbrooke North, Queen’s Park, Glenbrooke South, Victory Heights, Sapperton and Brunette Creek are the neighbourhoods that make up eastern New Westminster. Although it is more suburban than rural, the amenities available will have visitors believing that it is the latter. Most of the entertainment here comes in the form of parks, outdoor sports fields and community centers. Residents will be able to enjoy a peaceful neighbourhood while having quick access to the busier areas of New Westminster.

Real Estate Market

It should be of no surprise that West New Westminster several condominium towers and apartments available for rent to those who need it.
These properties have a very modern flair to them and are appealing towards young professionals who want their living quarters to match their career and lifestyle.
On the outskirts, particularly in Queensborough and Brow of the Hill, there are a number of fully detached residential properties that are older in age. Most of these homes have a large price tag to them, which attracts individuals who are able to afford these properties.

Eastern New Westminster is filled with traditional-looking homes that are fully detached and quite large in size, with the occasional low-rise condo and high-rise apartment. The properties in this area hit two extremes: High-end mansion-like properties with a 7-figure price tag, and smaller-sized single family homes with a cost in the low 6 figure range.
Thus, it should be of no surprise to see a mix of middle class and high net worth individuals.

  • Average Home Price: $544,900
  • Average Rent Price: $1,075.00
  • Average Condo Price: $368,600
  • Average Detached Home Price: $1,098,400
Home Style Average Price
2 storey Not available
Bungalow Not available
Condo $368,600

The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centers.

Education

Education

There are a total of four colleges in New Westminster, with Douglas College being the major post-secondary institution. As one of the largest public colleges in the province, it continues to provide students with the education that they need to succeed. From university degrees to diplomas and continuing education, they offer a wide range of programs. At the same time, students pursuing different educational paths may move from home to attend a university that is more in line with their preferences. In terms of elementary schools (K-8), there are only 9 schools in total for parents to choose from that all fall under the School District 40 New Westminster board. Top ranked schools in writing, reading and mathematics include (but not limited to) Herbert Spencer, Richard McBride, Lord Tweedsmuir and Queen Elizabeth. Although parents may have personal preferences for their choice of school, any selection will be beneficial for their children.

Education