47 & 51 DUFFERIN STREET

New Westminster · MLS® R3130650

12,736 sq ft lot

Land · Vacant Land · 129 days on market

Listed by Raymond Leung, RE/MAX City Realty

Realtor's description

River VIew Development site! Side by side income properties combine for Approx.12,736 sqft lot in Downtown New Westminster. Located on block of Dufferin St and Royal Ave, Pattullo Bridge on the back, easy access to Surrey. Under New Westminster Downtown Community Plan and Transit oriented development areas, Columbia Station 800 m corn with 3 FAR and 8 storeys. City may support 12-15 storeys residential rental or strata (20% affordable units) development. Diverse development potential, multiplex, townhouse, or low-rise residential projects, no parking requirement. Queens Park across the street, Albert Crescent Park, École Qaynat Elementary and Fraser River Middle School are all around. A rare opportunity for people who is looking for a future landmark development in convenient community.

Property details

Type: Land, Vacant Land
Lot: 12,736 sq ft
Parking: 0
Property tax: $13,748 / yr
Days on market: 129
MLS®: R3130650

Property insights

On market 129 days

The market here

Listed now: 90 days; median for 18 homes for sale; this one 129 days

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

Monthly cost

$19,880/mo

Mortgage $18,735 · Tax $1,146

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

estimated payment

$18,735/ monthly

loan $3,440,000

25-year amortization

down payment20% · $860,00020%+ 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: $2,180,406
property transfer tax: $133,000; BC general rate
cash to close: $993,000; down + PTT
total paid: $5,620,406

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 Ecole Qayqayt Elementaryhomes in this catchment
400 m away · 85 Merivale St, New Westminster · 604-517-6050
Middle Fraser River Middlehomes in this catchment
1.3 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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