2 bed · 2 bath · 1,200 sq ft · 2 parking
Condo · Single Family · built 2007 · 80 days on market
Listed by Sebastian Albrecht, Real Broker
Realtor's description
Rarely available corner 2 bed + den at The Point, one of Downtown New West's best concrete towers. At 1,200 square ft this home lives large, with floor to ceiling windows in every room and a big covered balcony framing the Fraser River, both bridges and Mt. Baker. Bright, functional layout with a versatile den, engineered hardwood in the main living areas, an electric fireplace, and a primary bedroom with walk-in closet and full ensuite. In-suite walk-in storage plus a locker and 2 parking spots with bike racks. Amenities include an indoor pool, hot tub, sauna, gym, media and community rooms, courtyard garden. A 5 minute walk to two SkyTrain stations, Douglas College and Pier Park, 10 minutes to River Market. 2 pets welcome, rentals allowed. The view alone is worth the visit.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,200 sq ft
- Parking
- 2
- Year built
- 2007
- Property tax
- $3,722 / yr
- Strata fee
- $714 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 80
- MLS®
- R3148633
Features
- Central location
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
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
- −$2,581/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $3,485 · tax $310 · strata $714 · 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
600 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
500 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.0 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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