629 South Dyke Road, New Westminster
Developer: Pennyfarthing Homes
Sales Status: Completed

Introduction
Channel by Pennyfarthing – 629 South Dyke Road
Channel by Pennyfarthing, located at 629 South Dyke Road in New Westminster’s Queensborough neighbourhood, is a collection of 16 modern townhomes positioned along the Fraser River. Each of the three-bedroom homes is thoughtfully designed and includes a spacious rooftop patio, offering panoramic views and versatile outdoor living. Built for modern urban families seeking a balance of space, nature, and connectivity, Channel delivers West Coast design in a waterfront setting.
Location and SkyTrain Access
Nestled in the family-friendly enclave of Queensborough, Channel offers proximity to green spaces, schools, and riverside trails. The Q to Q Ferry links the community directly to New Westminster Quay and SkyTrain connections, easing access to downtown Vancouver and surrounding areas. For those commuting by bus, Ewen Avenue provides direct routes to the 22nd Street and New Westminster SkyTrain stations.
Pricing for Channel by Pennyfarthing
When released as a presale, homes at Channel by Pennyfarthing were priced from $899,000. Resale values have likely appreciated, reflecting both the scarcity of new waterfront townhomes in the region and the continued growth of the Queensborough market. For current market values, speak with a local real estate expert who understands both New Westminster and Metro Vancouver trends.
Channel by Pennyfarthing 629 South Dyke Road Floor Plans
The development consists of two three-storey wood-frame buildings, comprising a total of 16 townhomes. Each residence includes three bedrooms and 2.5 bathrooms, with interiors spanning between 1,437 and 1,624 square feet. Notable layout features include:
Attached two-car garages
Private patios or sundecks off the main level
Expansive cedar rooftop decks ranging from 404 to 520 square feet, prewired for TV, and fitted with gas and water hookups
These thoughtfully planned layouts accommodate families, work-from-home needs, and those seeking flexible indoor-outdoor living spaces.
Interiors
Homes at Channel offer a refined aesthetic, available in either a dark or light colour scheme. Interior details include:
Oversized windows that maximize natural light
Wood window seats integrated into bay windows
Over-height solid core interior doors
A natural gas fireplace with a concrete surround
Laminate flooring in main living areas, and plush carpeting in bedrooms and upstairs corridors
Design choices reflect a commitment to durability, sophistication, and comfort.
Amenities in the Building
Though modest in scale, Channel provides key amenities for modern living:
Private rooftop decks on every unit, ideal for entertaining, relaxing, or gardening
A fenced off-leash dog run for residents with pets
Visitor parking and secure outdoor bike racks
The development prioritizes both privacy and community, offering functional features without excess.
Airbnb Policy
Channel by Pennyfarthing is not listed among the City of Vancouver buildings that permit short-term rentals such as Airbnb. As it is located in New Westminster, it is likely subject to that municipality’s short-term rental regulations. At present, there is no indication that Airbnb or other short-term rentals are permitted in the building.
Developer Information
Pennyfarthing Homes is a longstanding Metro Vancouver developer with a legacy dating back to 1980, the company has a reputation for delivering architecturally forward homes in sought-after locations. Their focus on quality materials and thoughtful design has earned them recognition throughout the Lower Mainland.
Here are some of Pennyfarthings projects on this site:
- Slate & Ash – Vancouver
- Autograph – Cambie Corridor
- Basalt – Queen Elizabeth Park
- Creston – North Vancouver
- Hawthorne – Vancouver West Side
- The Grayson – Cambie Corridor
- Bennington House – Cambie Corridor
Presale Strata Maintenance Fee Estimate
The presale estimate for strata maintenance fees at Channel was approximately $0.30 per square foot per month for this townhome development. Please note that the building has since been completed, and actual strata fees may differ based on final budget decisions and inflationary adjustments.
Completion Date for 629 South Dyke Road
Channel by Pennyfarthing reached completion in 2023. This section is the only mention of the project’s completion date and should be updated if new data becomes available.
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Property Highlights
16 units
2 x 3-storey storeys
Est. completion: 2023
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