New Westminster, BC

Everything you need to know about living in New Westminster and its Real Estate Market.

About

New Westminster, commonly known as "New West," is a historic city located on the north bank of the Fraser River in British Columbia’s Lower Mainland. Established in 1858 as the first capital of the Colony of British Columbia, New Westminster is often called “The Royal City.”

Its central location in Metro Vancouver makes it a vibrant urban hub, blending a rich colonial past with a diverse, modern lifestyle. The city’s riverside setting offers scenic views, walkable neighborhoods, and a thriving arts scene. Today, New Westminster is recognized for its multicultural community, heritage sites, and revitalized waterfront, making it a desirable place to live for families, young professionals, and retirees alike.

Market Statistics

Benchmark Detached Home Price: $1,574,200 CAD (+0.8% YoY)

Benchmark Townhouse Price: $950,700 CAD (+1.6% YoY)

Benchmark Condos Price: $657,600 (+0.6% YoY)

Active Listings (Deatached Homes): 100 (+22.0% YoY)

Active Listings (Townhouses): 28 (-17.6% YoY)

Average Days on Market (Detached Homes): 42 Days

Average Days on Market (Townhouses): 52 Days

Sale-to-Active Ratio: Townhomes 28.6%, Condos 23.1%, Detached 11.0%

History & Culture

New Westminster was founded in 1858 as the capital of the Colony of British Columbia, chosen for its strategic location along the Fraser River during the Gold Rush era. Named by Queen Victoria after Westminster in London, the city quickly became a hub for trade, governance, and commerce. The city’s early growth was marked by rapid construction, a vibrant commercial district, and a diverse influx of settlers.

New Westminster is built on the traditional territory of the Coast Salish peoples, particularly the Qayqayt First Nation, whose presence continues to be recognized today. Over the years, the city has faced major fires, floods, and economic shifts but has maintained its status as a key port and cultural centre. Today, New West is celebrated for its multicultural population, heritage buildings, and lively arts and sports communities, including the Canadian Lacrosse Hall of Fame and annual cultural festivals.

Climate

New Westminster enjoys a temperate coastal climate with mild, rainy winters and warm, dry summers. Average high temperatures range from 6°C in January to 25°C in July and August. Winters are wet, with the rainiest months from November to January, while summers are relatively dry.

Annual precipitation is about 1,200 mm, and humidity averages 75–80% year-round. Compared to most Canadian cities, New Westminster is warmer and wetter, with lush greenery and a long growing season, but fewer sunny days than much of the country.

Cost of Living

The average cost of living in New Westminster is approximately $3,916 CAD per month for a single renter, which includes rent, groceries, transportation, and entertainment.

The average one-bedroom apartment in the city centre rents for about $2,000–$2,200 CAD per month, while a three-bedroom apartment averages $3,400–$3,800 CAD. Utilities for a standard apartment are around $120–$150 CAD monthly. Groceries for one person cost about $500–$600 CAD per month, and a meal at an inexpensive restaurant is typically $20–$25 CAD.

A monthly public transit pass costs about $112 CAD. New Westminster’s cost of living is higher than the Canadian average but generally more affordable than Vancouver proper.

Commute Time

New Westminster offers excellent public transit connectivity, with five SkyTrain stations on the Expo Line providing quick access to downtown Vancouver and other Metro Vancouver cities.

The average commute to downtown Vancouver by SkyTrain takes about 26 minutes and costs $4–$7 CAD per trip. Bus services and bike routes further enhance local mobility.

Major roadways such as the Pattullo Bridge and Queensborough Bridge connect New Westminster to neighbouring cities. The city’s central location means most commutes within Metro Vancouver are efficient and convenient, making it ideal for those working or studying in the region.

Schools

New Westminster School District 40 serves the city with eight elementary schools, three middle schools, and one modern secondary school. The district is known for its innovative programs, academic excellence, and inclusive environment.

Notable schools include Herbert Spencer Elementary, École Glenbrook Middle School, and New Westminster Secondary School, which is a new, state-of-the-art facility.

The city’s schools offer French Immersion, International Baccalaureate, and a range of extracurricular activities. Many graduates go on to top universities across Canada and internationally.

Activities

Westminster Pier Park
Fraser River Discovery Centre
Queen’s Park
Anvil Centre
Canadian Lacrosse Hall of Fame
Sapperton Landing Park

Places to Eat

Steel & Oak Brewing Co.
The Old Spaghetti Factory
Taverna Greka
Piva Modern Italian
Sushi Well
El Santo

Cost of Living Comparison

Expense Category

New Westminster

Canadian Average

% Difference

1-Bed Rent (City Centre)
$2,100 CAD
$1,800 CAD
+16.7%
3-Bed Rent (City Centre)
$3,600 CAD
$2,800 CAD
+28.6%
Utilities (Monthly)
$135 CAD
$125 CAD
+8.0%
Groceries (Monthly, 1p)
$550 CAD
$350 CAD
+57.1%
Transit Pass (Monthly)
$112 CAD
$95 CAD
+17.9%

Report Card

A+ Diversity
Nearly half of residents (about 47 %) identify as racialized, giving New West a multilingual, festival-rich vibe that feels globally inclusive every day.
A Outdoor Activities
Riverside boardwalks at Westminster Pier Park link to 27-acre Queen’s Park and a web of greenways, so swapping SkyTrain shoes for hiking boots is a daily option.
B+ Weather
Expect mild winters around 6 °C and warm 23–25 °C summers, balanced by roughly 1,200 mm of annual rain—umbrellas are a year-round accessory.
B Housing
Detached benchmarks sit near $1.57 million, with typical condos around $658 k—less than Vancouver proper but still a stretch for first-time buyers.
B Nightlife
Heritage pubs on Columbia Street and craft taps at Steel & Oak anchor a laid-back scene that favours riverside patios over velvet-rope clubs.
B+ Commute
Five Expo-Line stations zip riders to downtown Vancouver in about 26 minutes, and direct links to Burnaby and Surrey keep regional travel painless.
B- Cost of Living
A single renter spends around $3,900 a month, with one-bedroom rents hovering near $2,100—cheaper than Vancouver’s core, but still above the national average.
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Testimonials

Hear from our clients

“Buying your first home can be a very daunting task especially in today's market. But with Richard's help it was easy. I work approx. 50-60 hours a week and my wife was working 2 jobs and he worked around our busy schedule and met with us where ever was easiest for us. Richard is very knowledgeable. He had an answer for every question we had and was very quick to respond to messages/emails. You can tell that he's passionate about what he does.

We were in the market for a few months and with a little luck mixed with Richard quick work we were able to secure a beautiful home somehow for just under for just under asking. I am very thankful for him helping us start this new chapter in our lives

David
Vancouver, BC

“Had an amazing experience having Richard as my realtor.  He provided me with an experience that felt personal and helped me get something that best suited my needs.  He was very professional and thorough with his research.  I highly recommend him.

Clarion Lopes
Vancouver, BC

“if you want an honest and extremely hard working realtor, definitely choose Richard. We started looking months before we were ready, advised by him which I think also helped encourage us to get more ready, and then when we were ready we knew what we were looking for and how to get it!

Also my partner and I closed on our place in the most inconvenient time, which was during Richard’s honeymoon. Ideally we didn’t have any issues but of course that is never the case and something came up with the seller and Richard was still able to get everything sorted from a different country! I don’t know how many realtors would do that or just pass you to someone else!

Amanda Rowlands
Vancouver, BC

“Richard helped us find our first home!! We were able to get everything we were looking for in a presale townhouse in the Port Moody area. Richard was prompt, professional, and proactive, walking us through every step of the process.”

James Arnold
Vancouver, BC
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FAQs

Do you have any question?

Is New Westminster a good place for families?

Yes, it offers quality schools, safe neighborhoods, and many parks.

How long does it take to commute to Downtown Vancouver?

About 26 minutes by SkyTrain.

What is the average rent for a 1-bedroom apartment?

Around $2,100 CAD per month in the city centre.

Does New Westminster have a strong arts scene?

Yes, with galleries, museums, and annual festivals.

Are there good outdoor spaces in New Westminster?

Yes, including Queen’s Park, Pier Park, and riverfront trails.

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