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Open Houses in Downtown, New Westminster

Open Houses in Downtown, New Westminster

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Downtown Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$877,600
Difference over last year (%)
-7.2

Downtown

Downtown New Westminster is a neighbourhood within New Westminster, British Columbia, which is located in the Metro Vancouver metropolitan area.

Transportation

No matter the mode of transportation, it is fairly straightforward to move around in Downtown. The transit system in this part of New Westminster is very accessible owing to many nearby rapid transit stations on the Expo Line, and around 10 nearby bus lines. Property owners who want to live in a community that's walkable will also enjoy the very pedestrian-friendly character of this part of New Westminster; many daily errands can be run without a car, and plenty of businesses are close at hand. This area is fairly conducive to biking as Downtown boasts fairly good bicycling infrastructure.

Services

A supermarket is ordinarily accessible within a very short trip from anywhere in Downtown. Tenth Street is among the best streets for food stores. Furthermore, with 50-odd restaurants and cafes in Downtown, there is usually a spot to get a meal or a beverage just around the corner, for instance along Carnarvon Street. House buyers have access to a good number of nearby clothing stores. Regarding education, parents and their kids will appreciate that wherever their house is situated in Downtown, daycares and schools are close by.

Character

Home buyers who enjoy a vibrant atmosphere and spending time outdoors will feel at home in Downtown. Although the ambience is not the liveliest in this part of the city, its busier streets can still be quite energetic, and with its a few nightlife venues, it is very easy to find a place to grab a drink because they are generally located very close by. However, it is easy to reach parks in the neighbourhood since there are about 40 of them nearby for residents to discover.

Housing

Large apartment buildings are the most common housing type, representing roughly 70% of dwellings in Downtown, and the remainder are mainly small apartment buildings. This neighbourhood is primarily composed of one bedroom and two bedroom homes. The proportions of homeowners and renters are about even. The homes in this area are very new, because around 45% of its dwellings were constructed following the year 2000, while most of the remaining buildings were built in the 1960s and the 1980s.