Condo
$399,900
30% under assessed306 48 RICHMOND STREET
New Westminster16 days on market
MLS® R3168974
1 / 11
1 bed · 1 bath · 536 sq ft · 1 parking
Condo · Single Family · built 2028 · 120 days on market
Listed by Zack Chen, Nu Stream Realty Inc.
Realtor's description
Welcome to The Keary, the final residential tower in Wesgroup's landmark Brewery District community. Located in the heart of Sapperton, across from Royal Columbia Hospital, the Keary offers contemporary homes featuring open-concept layouts, premium finishes, air conditioning, and expansive windows that maximize natural light and views. This bright south facing unit comes with 30" appliance, air conditioning and Fraser River views. Residents enjoy thoughtfully curated amenities, including fitness and wellness spaces, social lounges, bike repair and wash stations, daytime concierge, outdoor dog run and gathering areas designed to extend living beyond the home. Just steps from SkyTrain, shops, cafés, restaurants, and everyday conveniences.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 536 sq ft
- Parking
- 1
- Year built
- 2028
- Days on market
- 120
- MLS®
- R3135180
Features
- All
Monthly cost
$2,248/mo
Mortgage $2,248
20% down at 4.34% fixed (Ratehub.ca), 25 years.
If you rented it out
- Rent
- $1,645/mo
- After all costs
- −$769/mo
- Cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $2,248 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 Skwo:wech Elementaryhomes in this catchment
700 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.5 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
3.0 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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