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$1,749,000

2011 SEVENTH AVENUE

New Westminster · MLS® R3151120

7 bed · 5 bath · 3,455 sq ft · 6,000 sq ft lot · 4 parking

House · Single Family · built 1995 · 71 days on market

Listed by Sara Conley, RE/MAX All Points Realty

Realtor's description

Rare Investment Opportunity in Connaught Heights, steps from 22nd Street Skytrain Station! Spacious 7bed, 4bath home offering 3,455 sqft of interior living, 6,000 sqft lot, double car garage, private backyard and two mortgage helpers (2bed+1bed) providing solid rental income potential. Conveniently located near skytrain, schools, parks, and shopping. Situated within the area identified by the City of New Westminster's Bold Vision for long-term planning around the 22nd Street SkyTrain station. Bill 47 relating to transit oriented areas will allow minimum 20 storey towers. Buyers are encouraged to review city planning documents and verify future development potential with the City.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 5
Living area: 3,455 sq ft
Lot: 6,000 sq ft
Parking: 4
Year built: 1995
Property tax: $8,645 / yr
Days on market: 71
MLS®: R3151120

Features

Central location
All

Price check

Below typical for the area (-19%)

2026 assessment: $1,928,000 · asking is -9.3%
Price per sq ft: $506 vs $625 median for houses in New Westminster for sale (172)

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 71 days · no price changes so far

The market here

Listed now: 63 days; median for 176 houses for sale; this one 71 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,928,000	$9,241

The listing shows $8,645 a year in property tax.

Estimate: the BC Assessment value times New Westminster's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$8,341/mo

Mortgage $7,620 · Tax $720

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

estimated payment

$7,620/ monthly

loan $1,399,200

25-year amortization

down payment20% · $349,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $886,868
property transfer tax: $32,980; BC general rate
cash to close: $382,780; down + PTT
total paid: $2,286,068

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

Lot outline: 555 m² (5,974 sq ft) · PID 003-937-241. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

New WestminsterGoogle Maps ↗

Location

New WestminsterGoogle Maps ↗

Schools

Catchment schools, New Westminster School District 40

Elementary Connaught Heights Elementaryhomes in this catchment
600 m away · 2201 London St, New Westminster · 604-517-6010
Middle Fraser River Middlehomes in this catchment
2.3 km away · 800 Queens Ave, New Westminster · 604-517-1800
Secondary New Westminster Secondaryhomes in this catchment
2.2 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.

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