319 GOVERNORS COURT

319 GOVERNORS COURT · New Westminster, Fraserview · Retail · $4,500,000 · MLS 29380585

New Westminster, British Columbia · Neighbourhood: Fraserview
C$4,500,000
For sale
319 GOVERNORS COURT

319 GOVERNORS COURT is located in New Westminster (Fraserview). Property snapshot: Retail, listed at $4,500,000, MLS 29380585. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 137. Catchment schools include Skwo:wech Elemen

List Price: $4,500,000
MLS: 29380585
Days on Site: 137
Catchment Schools: Catchment schools include Skwo:wech Elementary, Ecole Glenbrook Middle School

Local Decision Guide

How should buyers evaluate 319 GOVERNORS COURT?

Start by reading this listing in its New Westminster Fraserview context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 319 GOVERNORS COURT?

This page shows a list price of $4,500,000 with MLS 29380585.

What type of home is this New Westminster, Fraserview listing?

The page shows Retail at 319 GOVERNORS COURT. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 137 days on market/site.

Which catchment schools are associated with 319 GOVERNORS COURT?

Catchment schools include Skwo:wech Elementary, Ecole Glenbrook Middle School. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and residential above. Currently generating solid holding income with an upper-level tenant in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Total Size: 47876 sqft

Status: active

Listing ID: 29380585 (29380585)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$4,500,000

Days on Site: 137 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-03-06 11:16 PM PST

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Fraser 2024: #445/1015 · score 6.1 · GIS map
Public
331 Richmond St, New Westminster, BC
Straight-line distance about 1 km
Ecole Glenbrook Middle School SECONDARY
Public
New Westminster, BC
Straight-line distance about 1.3 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 698.3 m away
270 East Columbia Street
About 1.3 km away
Shopping Centres
About 1.4 km away
About 1.5 km away
Parks / Green Space
About 503.1 m away
About 510.4 m away

Newsletter

Enter your email to receive market updates and new listing alerts.

Classic Search

Recent News

Jul 20, 2026
Fort Langley Jazz Festival Faces Funding Crisis Despite $1.5M Economic Impact
Fort Langley Jazz Festival Faces Funding Crisis Despite $1.5M Economic Impact

The Fort Langley Jazz & Arts Festival is returning for its ninth consecutive year, running from July 23 to 26…

Jul 19, 2026
New Sushi Restaurant Takes Over Former Afuri Ramen Spot in Vancouver
New Sushi Restaurant Takes Over Former Afuri Ramen Spot in Vancouver

A new sushi restaurant has moved into the former Afuri Ramen location in Vancouver.. The establishment is now…

Jul 18, 2026
Maple Ridge Drowning Prevention Week: Free Pop-Up Events July 19-25
Maple Ridge Drowning Prevention Week: Free Pop-Up Events July 19-25

The City of Maple Ridge is hosting a series of free pop-up events from Sunday, July 19, through Saturday, Jul…

Jul 17, 2026
Metro Vancouver Food Festivals: KOOLFEST, False Creek Crab Fest, and Richmond Garlic Fest Dates
Metro Vancouver Food Festivals: KOOLFEST, False Creek Crab Fest, and Richmond Garlic Fest Dates

Metro Vancouver is hosting a series of major food and culture festivals throughout July and August 2026, rang…

Jul 17, 2026
HAVN Floating Spa Proposal for Kitsilano Waterfront Faces Scrutiny
HAVN Floating Spa Proposal for Kitsilano Waterfront Faces Scrutiny

HAVN Saunas, the operator behind Victoria’s popular floating hydrotherapy barge, has announced plans to expan…

Jul 19, 2026
Vancouver restaurant owners say patios are no longer a 'free lunch' as rent rises
Vancouver restaurant owners say patios are no longer a 'free lunch' as rent rises

Six years after the pandemic accelerated outdoor dining, Vancouver restaurant operators report that patios re…

Jul 19, 2026
Vancouver Restaurant Closures Update July 2026
Vancouver Restaurant Closures Update July 2026

As of July 19, 2026, Vancouver's dining landscape continues to see significant turnover with multiple establi…

Jul 19, 2026
North Vancouver Recreation Centre marks 50th anniversary with Harry Jerome opening
North Vancouver Recreation Centre marks 50th anniversary with Harry Jerome opening

The North Shore News published a historical feature on July 19, 2026, commemorating the 50th anniversary of t…

Jul 17, 2026
Edmonton, Peace River Push Alberta for Derelict Property Tax Subclass
Edmonton, Peace River Push Alberta for Derelict Property Tax Subclass

Edmonton Councillor Ashley Salvador and the Town of Peace River have launched a joint initiative to amend the…

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: 2026-02-20 01:00:02

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal Pacific Realty Corp.

BurnabyHouse AI Assistant