Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 21
2 bed · 1 bath · 736 sq ft · 1 parking
Condo · Single Family · built 2019 · 44 days on market
Listed by Jenny Nie, Sutton Group-West Coast Realty (Langley)
Realtor's description
Riversky 2 by Bosa. This 2 beds, 1 bath 736 square ft condo is functionally designed. Open layout kitchen with a gas stove, premium slide-out fan, soft close cabinet doors, built-in microwave, quartz countertops, integrated refrigerator with bottom freezer and integrated dishwasher. Full-time concierge, fully equipped gym, yoga room, BBQ area & recreation room. Steps to Sky Train, restaurants, shopping, grocery stores, coffee shops and Esplanade boardwalk and the Quay. Fantastic location. 1 parking and 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 736 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,728 / yr
- Strata fee
- $516 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 44
- MLS®
- R3158837
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,008/mo
Mortgage $2,265 · Tax $227 · Strata $516
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,134/mo
- After all costs
- −$1,080/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,265 · tax $227 · strata $516 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in New Westminster (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
New WestminsterGoogle Maps ↗
Schools
Catchment schools, New Westminster School District 40
- Elementary Ecole Qayqayt Elementaryhomes in this catchment
1.1 km away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
600 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.3 km away · 820 6th St, New Westminster · 604-517-6122
From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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