Urban centre · New Westminster, Greater Vancouver
New Westminster Downtown
The Quay, the Fraser riverfront and the SkyTrain's downtown stop
- Young professionals
- Renters
- Car-free living
At a glance
Downtown New Westminster is a dense, rapidly growing area on the Fraser River, with the Westminster Quay public market and many new towers beside the New Westminster SkyTrain station. About 1% of homes are detached and 93% are apartments, 42% of households rent, and owners valued the median home at about $562K in the 2021 census.
- Median home value (est.)
- $557K* * est.: 2021 census, indexed to September 2026 · city $1.09M
- Residents
- 18,070 scaled estimate for mid-2025, up from 16,759 at the 2021 census
- Households renting
- 42% city 36%
- Homes that are apartments
- 93% city 38%
What the numbers mean
- Owners valued the median home at $562K in the 2021 census. Indexed to September 2026 prices with the Greater Vancouver MLS® Home Price Index (-7% since then), that is about $557K, 49% below the Vancouver suburbs median of $1.09M. It is an estimate: the index tracks the whole region, not this neighbourhood.
- 42% of households rent, above the 36% city-wide.
- Only 9% of residents are under 15, versus 14% city-wide.
- 31% of residents are 25 to 34. It skews young-professional.
- 93% of homes are apartments (38% city-wide), so a condo is the usual way in.
Who lives here
Share of residents by age, scaled estimate for mid-2025, up from 16,759 at the 2021 census.
Homes
Share of homes by type, scaled estimate for mid-2025, up from 16,759 at the 2021 census.
Upfront closing costs1
BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.
- BC property transfer tax
- $9,140 on $557K
How it's changing
These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.
Safety
Neighbourhood-level crime figures aren't available for New Westminster. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.