New Westminster – Queensborough

737 EWEN AVE, NEW WESTMINSTER, BC V3M 6R7, CANADA

Queensborough has transformed over the past 15 years from a rural and industrial enclave to a vibrant residential community with lovely waterfront homes and condos.
While some industry still exists along Queensborough’s northern edge it has been supplemented with a lively commercial district that includes factory outlet retailers, restaurants and a Walmart.
Queensborough is located on Lulu Island, between the north arm of the Fraser River and Annacis Channel. It is connected to New Westminster by the four-lane Queensborough Bridge that was recently refurbished to add wide pedestrian and cycling paths.

Neighbourhood amenities

Queensborough is a diverse, multicultural neighbourhood. Even as new developments of homes, town homes and condos spring up, pockets of the area’s rural heritage of small family farms remain. Fishing boats that work the Fraser River and beyond berth at docks in the Annacis Channel.
The neighbourhood features numerous parks, sports fields and a walking trail along its eastern shore that offers spectacular viewpoints up the Fraser River. There is also an elementary school and a middle school, as well as a recently-enlarged community centre that includes a branch of the public library.
The New Westminster Smart Centre has a mix of big box retailers like Walmart, factory outlet stores, small shops, restaurants and cafés. Next to it is a giant Lowe’s Home Improvement centre, which was the first of its kind built in British Columbia.

Schools

Transit

TransLink buses run through the middle of the neighbourhood and service routes to 22nd Skytrain Station. Highway 91A connects commuters to Richmond, Burnaby and Vancouver.

Queensborough real estate

Townhomes and condos dominate the Queensborough real estate market. Most are located in a new master-planned development at the neighbourhood’s northeastern tip. There are some detached houses in the area as well.


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New Westminster – Queensborough Prices & Stats

New Westminster – Queensborough House Prices

YearAvg PriceHighLowAverage Median
2010584,017855,000325,000577,450
2011594,880882,560376,500602,000
2012640,139835,000168,000642,500
2013623,931930,000424,000630,000
2014645,8291,000,000357,700637,750
2015726,8631,000,000415,000734,285
2016929,1711,470,000200,000928,000
20171,154,2712,225,000589,0001,150,000
20181,235,2422,430,000800,0001,250,000
20191,088,4201,520,000734,0001,070,000

New Westminster – Queensborough Condo Prices

YearAvg PriceHighLowAverage Median
2010350,671425,000270,000362,450
2011329,064415,000215,900326,250
2012298,658555,000218,900283,500
2013312,769454,900202,000288,400
2014321,229457,900233,000284,000
2015394,183825,900225,000942,500
2016469,870793,900254,000428,400
2017639,1811,167,900292,000570,000
2018691,4732,500,900418,000605,000
2019578,358970,900400,000546,400

New Westminster – Queensborough Townhouse Prices

YearAvg PriceHighLowAverage Median
2010406,572529,900360,000395,000
2011445,855577,000366,000426,500
2012426,428585,000314,900412,950
2013425,389570,000322,350415,900
2014459,744595,000346,500422,000
2015478,214619,900352,000470,000
2016556,131720,000377,000560,000
2017677,425950,000460,000683,800
2018745,943905,000550,000765,000
2019695,543990,900494,000672,000