2 bed · 1 bath · 805 sq ft · 1 parking
Condo · Single Family · built 1993 · 190 days on market
Listed by JP Velasco, Oakwyn Realty Ltd.
Realtor's description
Welcome to this inviting home at Hillside Place! This 2 BED home is truly move-in ready and uniquely features a GROUND LEVEL entrance. Perfect for families with KIDS OR PETS. Ideally situated in a central, urban location, you are just STEPS AWAY FROM COLUMBIA SKYTRAIN, restaurants, shopping, Douglas College, and the River Market. With PETS AND RENTALS ALLOWED, this property presents an EXCELLENT OPPORTUNITY for both end users and investors alike. Experience the best of New West living!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 805 sq ft
- Parking
- 1
- Year built
- 1993
- Property tax
- $2,112 / yr
- Strata fee
- $569 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 190
- MLS®
- R3106468
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- −$887/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $2,070 · tax $176 · strata $569 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Ecole Qayqayt Elementaryhomes in this catchment
400 m 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
2.1 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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