425 E Eighth Ave, New Westminster, BC, MLS® R2819505

$1,100,000
Est. Mortgage /mo

Closed

$975,000
$1,198,800
Closed at 30 Jan 2024
Listing price: $1,100,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
1 Baths
2 Stories
lot 6527 sqft
1332 sqft
1944 built
Show more info
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Map
Street view
Schools
Crime
Commute
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425 E Eighth Ave, New Westminster, BC | MLS® R2819505 Property Details

ANOTHER AFFORDABLE HOUSING OPPORTUNITY IN NEW WEST. Priced $300,000 below assessed value to take in consideration of the homes current "cluttered" condition. Diamond in the rough. Bring your skills & enthusiasm along with some reno $$ to vastly improve this 1944 gem. Hardwood floors, wood fireplace, coved ceilings, & country sized kitchen with access to a MASSIVE level backyard for families, pets, hobbyists, & gardeners. 2 Nice sized bedrooms on main plus 2 more on the upper level. Unfinished full height BSMT ready for your new ideas once the "clutter" is removed. FANTASTIC LOCATION TO RENOVATE OR BUILD BRAND NEW & MAKE ALL YOUR DREAMS COME TRUE. Steps to transit, Skytrain, schools, restaurants in Sapperton, & many parks. Potential BIG Money maker with $$ and elbow grease!

General Info

Price $1,100,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1332
Lot Size 6527
Lot Size Depth Feet
Lot Size Frontage 53.51
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1944
Age Of Building 79
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2819505
Area New Westminster
Neighbourhood The Heights NW
City New Westminster
Gross Taxes $5,107.12
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Hot Water, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Rear Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Fibreglass

Property History

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Status Date Price
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Listed by: RE/MAX All Points Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
F. W. Howay Elementary School
Average
1.2 km
Rating 6.5/10
Middle
École Glenbrook Middle School
1.48 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Michaels School
0.64 km
Rating 9.9/10
Secondary
Carver Christian High School
0.7 km
No Rating

Closest Transit

Translink
Eastbound E 8th Ave @ Richmond St
0.07 km

425 E Eighth Avenue is serviced by F. W. Howay Elementary School. The property with listing MLS® R2819505 is located 1.2 km from the school. F. W. Howay Elementary School has a rating of Rating 6.5/10.

The closest Elementary independent school to this home for sale located at 425 E Eighth Avenue is St.Michaels School with School's rating Rating 9.9/10, located 0.64 km from this home.

The closest to this address 425 E Eighth Avenue Secondary independent school is Carver Christian High School with School's rating No Rating, located 0.7 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 volation disturbances in this neighbourhood. The overall crime rate near the address - 425 E Eighth Avenue, New westminster, BC is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate next to the listing MLS® R2819505 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 134.4. There were 111 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -5.34%

Property crimes in the neighbourhood close to real estate listing for sale 425 E Eighth Avenue are Average. Property misconduct rating adjacent to MLS® R2819505 is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -11.79%

There were 1,143 violent lawbreaking disorders in 2020. 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Eastbound E 8th Ave @ Richmond St in 0.07 km away from this listing with - MLS® R2819505.

27.9% of people with university certificate/degree live in this neighbourhood adjacent to the 425 E Eighth Avenue which is Above Average in comparison with other BC neighbourhoods. 9.9% of population in this neighbourhood that is near the Listing MLS® R2819505 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 425 E Eighth Avenue, New westminster, BC is $67104 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2819505 is $36982 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.2% which is High.

Unemployment rate in the area around Real Estate Listing # R2819505 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 425 E Eighth Avenue The Heights NW where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 425 E Eighth Avenue, New westminster, BC is 2380.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 425 E Eighth Avenue is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2819505 is 61.3% and it is Above Average. % of Married or living common law is around 53.2% and it is Below Average.

Average age of the population close to the 425 E Eighth Avenue is 39.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 425 E Eighth Avenue, New westminster, BC is $718636 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 425 E Eighth Avenue. $1635 owners spent in average for the dwelling. Tenants are paying $1013 in this district close to MLS® R2819505 and it is Average comparing to other cities.

44.7% of Population in this district near the 425 E Eighth Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 425 E Eighth Avenue, New westminster, BC is 7.8%, it is Average, % of English speakers only is 90.5% and Average. % of French speakers adjacent to 425 E Eighth Avenue only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 425 E Eighth Avenue, New westminster, BC is 1.6% and it is Above Average comparing to other BC cities.

35.9% of all population in the area around this property with the address 425 E Eighth Avenue, New westminster, BC using Public Transport which is High, 53.8% of using population are using Cars around MLS® R2819505, which is Low. 0.8% of people using Bicycles around the 425 E Eighth Avenue and it is Below Average. 8.4% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,100,000
New westminster $1,325,000
The Heights NW No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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