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Renanza Realty
New Westminster · Neighbourhood

Downtown Real Estate

Explore homes and condos for sale in Downtown, one of New Westminster's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The Downtown market right now

Downtown currently has 90 active listings. Most homes for sale are priced between $379K and $940K, with a median around $599K. Condos and apartments make up the largest share of the market.

90
Active listings
90
For sale
$599K
Median list price
$379K–$940K
Typical range
$661
Median price / sq ft
55
Median days listed
11
New in last 7 days
2008
Median year built

Downtown prices by bedrooms

BedroomsActive listingsMedian asking price
127$439K
246$615K
310$827K
4+6$1.06M

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in Downtown

Downtown New Westminster is the city's historic commercial and civic heart, rising from the Fraser River waterfront along Columbia Street.

Location & boundaries

It runs along the north bank of the Fraser River by the SkyTrain stations, centred on Columbia Street between roughly Fourth and Eighth Streets. The Quayside waterfront is below it, with Queens Park to the north and Sapperton to the east.

History

As British Columbia's first capital, its Columbia Street corridor of early-20th-century storefronts grew with the arrival of the railway between 1887 and 1892; the waterfront, once lined with terminals and a public market, was redeveloped from the 1980s.

Lifestyle

It is a walkable, mixed-use area combining heritage commercial blocks, condominium towers and riverfront leisure.

Housing & property types

Housing is mainly high-rise and mid-rise condominiums and rental apartments.

Shopping & dining

Historic Columbia Street and the River Market at Westminster Quay offer shops, restaurants and a public market.

Parks & recreation

Westminster Pier Park provides a riverfront boardwalk, lawns and play areas along the Fraser.

Schools

The New Westminster School District (SD40) serves the area.

Getting around

New Westminster and Columbia stations on the SkyTrain Expo Line serve downtown, with many connecting bus routes.

Attractions & landmarks

The Fraser River Discovery Centre, the Samson V Maritime Museum and River Market are riverfront attractions.

Who it may suit

It may suit people wanting transit-oriented, walkable condo living by the river.

Sources: newwestcity.ca, tourismnewwestminster.com, newwestcity.ca

Neighbourhood snapshot — New Westminster

Statistics Canada, 2021 Census of Population for New Westminster, City (CY) [Census subdivision], British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

78,916

Total population

+11.2%

Growth since 2016

40.4

Median age

Income

$82,000

Median household income

Household

2.2

Avg. household size

36.8%

Live alone

53.5%

Families w/ kids

Housing

54.7%

Owned

45.3%

Rented

$700,000

Median dwelling value

Apartment79.7%
Single-detached house13.8%
Row house / townhouse6.3%
Other0.2%

Education

Highest credential, ages 25–64

Bachelor's degree or higher42.2%
Trades or college diploma29.7%
High school diploma21.9%
No certificate, diploma or degree6.2%

Commute

How residents get to work

Car, truck or van68.3%
Public transit22.5%
Walked6.3%
Bicycle0.9%
Other2.0%

Languages

Mother tongue, top responses

English73.3%
Mandarin2.8%
Punjabi2.3%
Tagalog2.2%
Cantonese1.9%

Buying a home in Downtown

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in Downtown?

The median asking price for homes currently for sale in Downtown is about $599,000, and most are listed between $379,000 and $940,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Downtown right now?

There are 90 active listings on this page's search, 11 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Downtown?

Median asking prices by bedroom count in Downtown right now — 1 bedroom: about $439,000; 2 bedrooms: about $615,000; 3 bedrooms: about $827,000; 4+ bedrooms: about $1,060,000. Based on 89 active listings.

What is the price per square foot for homes in Downtown?

The median asking price per square foot of living area is about $661 across homes currently listed in Downtown. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Downtown been on the market?

The typical active listing here first came on the market about 55 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Downtown?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about Downtown?

Tell us what you're after in Downtown and we'll send matching listings the moment they hit the market.