New Westminster – Quay

The Quay is New Westminster’s waterfront neighbourhood. Once populated with industry, warehouses, and fish processing plants, the area has transformed over the past 30 years to a residential enclave of condos and town homes stretched along a serene beautifully-landscaped boardwalk. The Quay offers a front row view of ships, tugs, log booms and even seals moving up and down the Fraser River.

The Quay is bordered by 3rd Avenue, Columbia Street and the end of Pier Park. It’s also a short stroll from Downtown and its two SkyTrain stations.

 

Neighbourhood amenities

The River Market is the Quay neighbourhood’s commercial centre. It’s a gathering place for residents and visitors to enjoy a laté or gelato from TreGalli, a pulled pork sandwich from ReUp BBQ or Thai street food from Longtail Kitchen. There’s an array of food vendors for every taste, Donald’s Market for those inclined to cook their meals at home, a pub, bakery, tea café and even a furniture store specializing in mid-century modern design.

A short stroll east along the waterfront is Pier Park, New Westminster’s award-winning waterfront park built on a reclaimed wharf. The park is a constant hub of activity. Kids enjoy its two playgrounds or running through its misters. Visitors can get a workout on two beach volleyball courts. Or just relax in hammocks, reversible loungers or two expansive lawns. And it’s all set against a spectacular backdrop of the Fraser River and three bridges that span it.

Head west from the market, along the lush gardens and lagoons that border the boardwalk, and you’ll reach an off-leash dog park. A little further, up and over the overpass, you’ll be able to quench the thirst you’ve worked up at Steel & Oak, New Westminster’s renowned microbrewery.

 

Schools

Transit

New Westminster Station serves the Expo Line and Millennium SkyTrain lines. It is within walking distance of Quay. Shuttle buses run through the neighbourhood that connects to the station.

 

Quay real estate

Condos dominate the residential market in the Quay neighbourhood. The supply of townhouses is limited. The diverse mix of newer and older condos and townhouses offers a range of affordability. This is a perfect place for young couples and families purchasing their starter home, as well as seniors who are downsizing.

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Quay real estate New Westminster

Condo Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$345,122 $690,000 $228,900 $334,000 $328$503$216$318$330,496 $351,491 50178
2011$347,073 $750,000 $239,000 $341,000 $334$496$200$320$332,624 $357,202 51165
2012$363,903 $940,000 $225,000 $340,000 $339$522$190$325$351,983 $369,333 42131
2013$372,259 $1,600,000 $210,000 $353,000 $326$494$225$314$335,093 $387,125 46133
2014$362,740 $767,500 $219,900 $355,000 $359$546$197$344$338,401 $381,755 40171
2015$376,838 $1,260,000 $228,000 $360,500 $376$585$217$350$350,784 $393,743 34216
2016$447,821$1,055,000$260,000$429,900$448$632$288$451$402,210$486,47518109

Townhouse Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$427,667 $490,000 $328,000 $465,000 $308$385$200$338$477,500 $427,667 1043
2011$418,286 $495,500 $307,500 $399,000 $339$421$262$311$484,500 $418,286 347
2012$338,750 $347,500 $330,000 $338,750 $349$353$345$349n/a$338,750 292
2013n/an/an/an/an/an/an/an/an/an/an/an/a
2014$437,000 $517,500 $350,000 $440,250 $334$390$244$351$487,000 $437,000 564
2015$409,545 $463,280 $364,000 $405,450 $358$390$341$349$437,140 $381,950 224
2016$560,925$768,000$395,000$536,825$415$495$286$423$608,950$536,913146

New Westminster – Quay

4 10TH ST, NEW WESTMINSTER, BC V3M, CANADA