New Westminster Homes for Sale

About New Westminster

New Westminster, or New West as nearly 80,000 locals lovingly call it, sits on the bank of the Fraser River. The town's borders extend to a small part of Lulu Island. However, most residents call the mainland portion of the city home.

New Westminster is proud of its older architecture and maintains a vibrant historic district. It's easy to find homes in the older styles to keep with the town's feel. Some outstanding examples of historic architectural styles include a beautiful replica of a Queen Anne home.

New Westminster offers an intriguing mix of the old and new and appeals to a wide array of residents. Home prices range from moderate to expensive, with some luxurious options available.

However, where the town stands out is its ability to wine and dine residents and visitors. Several fine eateries use freshly caught fish to create seafood masterpieces to wash down with craft beer.

New Westminster - Land Transfer Tax

When purchasing a property in New Westminster, you’ll have to pay the British Columbia Property Transfer Tax, which is due upon closing. There is no municipal transfer tax. If you’re a first-time home buyer, you could be eligible for a rebate to a maximum of $8,000. See below for British Columbia Property Transfer Tax rates.

British Columbia Property Transfer Tax

Purchase PriceRate
$0 - $200,0001.0%
$200,001 - $2,000,0002.0%
$2,000,001 - $3,000,0003.0%
$3,000,000+5.0%

Land Transfer Tax Calculator

$
Provincial tax$8,000
Municipal tax$0
Rebate$0
Total land transfer tax$8,000

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