MLS® C8081387

Salons for Sale — New Westminster, BC

$50,000

470 E COLUMBIA STREET, New Westminster, BC V3L3X5

85
Walk Score
74
Transit
72
Bike
Walk Score® by Redfin
Personal Services
Type
1,200 square feet
Floor area
85
Walk Score
74
Transit
72
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C2-A
Annual property tax
$13,681.75 (2025)
Utilities
Electricity, Telephone

From the listing remarks

Rent (stated)
$3,000/mo

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
C8081387
Listed
August 20, 2026
Time on market
25 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Established hair salon/ barbershop business for sale at Columbia Street, New Westminster, operating since 2019. Excellent location on a busy street with great exposure. Spacious premises with 4 salon chairs and room to add more. Previously operated as a nail spa, offering potential to expand or add beauty services. Attractive rent of approximately $3,000/month, all inclusive. Lease ends in 2029. Great opportunity for an owner-operator or beauty professional looking to establish or expand their business. (id:63159)

Financing calculator

Estimate your monthly payment on the $50,000 asking price.

Financing details
Monthly debt service
$485
Cash required at close
$35,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (New Westminster)

Population
78,916(+11.2% since 2016)
Population density
5,052.2/km²
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
35.1%
Postsecondary below bachelor's
28.2%
High school diploma
26.4%
No certificate/diploma
10.4%

Population aged 15 and over.

Commute

Car, truck or van
68.3%
Public transit
22.5%
Walked
6.3%
Bicycle
0.9%
Other
2.0%

Commute duration

Under 15 min
16.7%
15–29 min
33.3%
30–44 min
28.6%
45–59 min
12.8%
60+ min
8.5%

Employed labour force with a usual workplace.

Mother Tongue

English57.1%
Tagalog (Pilipino, Filipino)4.2%
Mandarin3.8%
Punjabi (Panjabi)3.6%
Yue (Cantonese)3.4%
Spanish2.4%
Korean1.8%
Portuguese1.7%
Russian1.3%
French1%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Sushi Heaven · 457 East Columbia Street48m
  • Bruncheria · 502 East Columbia Street101m
  • Chen's Garden · 441 East Columbia Street136m
  • Gino's Restaurant164m
  • Thai New West · 424 East Columbia Street229m

Cafes (4)

  • Fratelli · 459 East Columbia Street40m
  • Starbucks · 411 East Columbia Street274m
  • Unnamed589m
  • Corner Cafe652m

Grocery (1)

  • Save-On-Foods · 270 East Columbia Street771m

Parks (3)

  • Sunset Park420m
  • Sapperton Park426m
  • Hume Park506m

Gyms (2)

  • 30 Minute Hit · 425 East Columbia Street224m
  • Snap Fitness690m

Pharmacies (5+)

  • Indigo Pharmacy · 447 East Columbia Street106m
  • The Medicine Shoppe · 413 East Columbia Street266m
  • Lifecare Compounding Pharmacy · 408 East Columbia Street291m
  • Columbia Prescription XPress · 317 East Columbia Street501m
  • Pure Integrative Pharmacy · 301 East Columbia Street600m

Healthcare (5+)

  • NW Dermatology · 467 East Columbia Street25m
  • Russel Prosthetics · 452 East Columbia Street80m
  • Harmony Laser Skincare · 450 East Columbia Street107m
  • Manhas Health Co · 408 East Columbia Street310m
  • Emergency410m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Southbound E Columbia St @ Braid St19m
Eastbound Braid St @ E Columbia St63m
Northbound E Columbia St @ Cedar St67m
Northbound E Columbia St @ Braid St94m
Westbound Braid St @ E Columbia St121m
Westbound Braid St @ Fader St159m

Frequently asked questions

What is the asking price for this salon?

The asking price is $50,000.

Where is this business located?

This listing is located in New Westminster, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.