$649,900
114 8 Renaissance Square
New Westminster9 days on market
listed by Oakwyn Realty Ltd.
MLS® R3177167
117 83 Star Crescent
221
938 sq ft · Condo · Single Family · built 1998 · 1 day on market
listed by Iolanda Esposito, RE/MAX Select Realty
Open house · Saturday, October 31, 1pm–3pm
realtor's description
Welcome To Residences By the River, a Hidden Oasis in Port Royal, Nestled along the fraser river at the northeast tip of lulu island. This Bright, beautifully cared - for 2-bedroom, 2 bath home offers approx. 938 sq. ft. of comfortable living with lovely river views from your living room and a private outdoor patio. Enjoy the gentle sounds of the river, passing trains and the peaceful rhythm of waterfront living. Surrounded by lush gardens and tranquil courtyards, this charming community is steps from the scenic riverwalk, sandy beach and parks. Perfect for those who love nature, walking their dog or simply relaxing by the water. Includes 1 parking and 1 storage locker. a rare opportunity to enjoy this special waterfront lifestyle. come see for yourself! Open house Oct 31 1-3 pm and Nov 1 2-4 pm
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 938 sq ft
- parking
- 1
- year built
- 1998
- property tax
- $2,746 / yr
- strata fee
- $692 / mo ($0.74 / sq ft)
- strata rules
- Pets Allowed
- days on market
- 1
- MLS®
- R3179461
features
- Private setting
- Elevator
- Wheelchair access
- Pets Allowed
- Washer & Dryer
monthly cost
$3,165/mo
Mortgage $2,245 · Tax $229 · Strata $692
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $2,410/mo
- after all costs
- −$983/mo
- cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $2,245 · tax $229 · strata $692 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in New Westminster: CMHC's average there ($2,134) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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
schools
Catchment schools, New Westminster School District 40
- Elementary Queen Elizabeth Elementaryhomes in this catchment
1.8 km away · 921 Salter St, New Westminster · 604-517-6080
- Middle Queensborough Middle Schoolhomes in this catchment
1.6 km away · 833 Salter St, New Westminster · 604-517-6040
- 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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