118 QUEENS AVENUE

New Westminster · MLS® R3169628

1 bed · 4,573 sq ft · 8,712 sq ft lot · 4 parking

House · Single Family · built 1903 · 12 days on market

Listed by Phanno Toeun, Engel & Volkers Vancouver (Branch)

Realtor's description

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.

Property details

Type: House, Single Family
Bedrooms: 1
Living area: 4,573 sq ft
Lot: 8,712 sq ft
Parking: 4
Year built: 1903
Property tax: $8,436 / yr
Days on market: 12
MLS®: R3169628

Features

Central location
All

Price check

Below typical for the area (-30%)

2026 assessment: $2,178,000 · asking is -8.2%
Price per sq ft: $437 vs $626 median for houses in New Westminster for sale (168)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 12 days · no price changes so far

The market here

Listed now: 61 days; median for 166 houses for sale; this one 12 days

Houses in New Westminster. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$9,417/mo

Mortgage $8,714 · Tax $703

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$8,714/ monthly

loan $1,599,999

25-year amortization

down payment20% · $400,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,014,142
property transfer tax: $38,000; BC general rate
cash to close: $438,000; down + PTT
total paid: $2,614,141

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

New WestminsterGoogle Maps ↗

Location

New WestminsterGoogle Maps ↗

Schools

Catchment schools, New Westminster School District 40

Elementary Herbert Spencer Elementaryhomes in this catchment
900 m away · 605 Second St, New Westminster · 604-517-6030
Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.2 km away · 701 Park Cres, New Westminster · 604-517-5940
Secondary New Westminster Secondaryhomes in this catchment
1.9 km away · 820 6th St, New Westminster · 604-517-6122

From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Heritage
This address is inside the Queen's Park Heritage Conservation Area heritage conservation area (New Westminster). Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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