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$1,599,000

341 SHERBROOKE STREET

New Westminster · MLS® R3106178

5 bed · 2 bath · 2,360 sq ft · 7,194 sq ft lot · 3 parking

House · Single Family · built 1949 · 188 days on market

Listed by Jennifer Li, RA Realty Alliance Inc.

Developer and investor alert! Currently rented for $4500/month and operating as a daycare business. Newly renovated home on approx. 7,200 square ft lot with dual street access (Sherbrooke & Knox). Ideal for builders or investors. A great family home, the main floor features a spacious living room, 2 bedrooms , a full bathroom and dining room. Completely updated in 2026 with laminate flooring, new kitchen cabinets, and brand new appliances. The basement has a separate entrance and includes a suite with 2 additional bedrooms, living room, kitchen, and bathroom, plus an additional flexible bedroom that can be used by the owner or incorporated into the suite for tenants. Enjoy the privacy of the large backyard. Convenient location close to schools, parks, SkyTrain, hospital and Hwy 1.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,360 sq ft
Lot: 7,194 sq ft
Parking: 3
Year built: 1949
Property tax: $6,853 / yr
Days on market: 188
MLS®: R3106178

Above typical for the area (+7.4%)

Price per sq ft: $678 vs $631 median for houses in New Westminster for sale (170)

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.

Central location
All

On market 188 days

Listed now: 62 days; median for 170 houses for sale; this one 188 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
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 Maps can be out of date or miss a lot line; confirm with the municipality.

$7,538/mo

Mortgage $6,967 · Tax $571

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

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,807
property transfer tax: $29,980; BC general rate
cash to close: $349,780; down + PTT
total paid: $2,090,007

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.

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