Welcome to 107 7th Avenue, New Westminster, a charming 1945 character home proudly owned by only 2 families. Situated on a generous 50 x 140 lot in a beautiful and sought after location, this property offers both warmth and long term value. Featuring under 2,500 square ft of living space, the home offers 4 bedrooms and 2 bathrooms with a bright, functional layout throughout. Enjoy timeless details, abundant natural light, and a welcoming atmosphere. The durable aluminum roof adds lasting peace of mind, while the basement suite provides excellent potential for additional income or extended family living. Conveniently located near parks, schools, shopping, and transit. A rare opportunity to own a well cared for home on an exceptional lot in one of New Westminster´s most desirable neighbourhoods.
Property details
5
Beds
2 full
Baths
2,428 ft²
Floor area
7,025 ft²
Lot size
1944
Year built
4
Parking
$7,886/yr
Gross tax
Location & structure
Single Family
Type
Finished
Basement
Yes
Garage
Yes
Carport
1
Fireplace
Listed
June 23, 2026
Basement
Finished
Structure
House
Frontage
50 feet
PID
012-719-471
Features & inclusions
Appliances
Refrigerator, Dishwasher, Stove, Washer & Dryer
Heating
Forced air, Natural gas
Parking
Garage, Carport, RV
Lot
Central location, Private setting
Additional details
Common interest
Freehold
Tax year
2025
Listed by eXp Realty. Last updated Jul 7, 2026, 8:05 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $300,000 down (20%) on $1,500,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 835 listings
Condo / Apartment
498
59.6%
Detached
200
24.0%
Townhouse
76
9.1%
Duplex
21
2.5%
Half-duplex
18
2.2%
Other
22
2.6%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · New Westminster · 645 dwellings
Low-rise apartment490 · 76.0%
Single-detached100 · 15.5%
Apartment in duplex55 · 8.5%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152958· New Westminster· Transit 83/100 (840m to rapid)· 0.22 km²
Median rent here
$1,410
Owner shelter cost
$1,560
Renters
31.3%
30%+ on shelter
25.9%
Population (2021)
1,416
Median age
43.2
Avg household size
2.2
Avg household income
$107,800
Renters
31.3%
Owners
69.5%
Immigrants
26.8%
Post-secondary
68.0%
Avg home value
$824,000
Single status
25.4%
Not in labour force
26.9%
Households with kids
33.3%
Median rent
$1,410
Owner shelter cost
$1,560
30%+ on shelter
25.9%
Breakdown
Under $5,000
5
0.8%
$10,000 to $14,999
5
0.8%
$15,000 to $19,999
15
2.3%
$20,000 to $24,999
20
3.1%
$25,000 to $29,999
25
3.8%
$30,000 to $34,999
15
2.3%
$35,000 to $39,999
25
3.8%
$40,000 to $44,999
20
3.1%
$45,000 to $49,999
20
3.1%
$50,000 to $59,999
40
6.2%
$60,000 to $69,999
50
7.7%
$70,000 to $79,999
40
6.2%
$80,000 to $89,999
40
6.2%
$90,000 to $99,999
35
5.4%
$100,000 to $124,999
75
11.5%
$125,000 to $149,999
70
10.8%
$150,000 to $199,999
80
12.3%
$200,000 and over
70
10.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152958).
Market story
Rent in New Westminster
Census 2021 avg $1,410/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
