
1312 FIFTH AVENUE
New Westminster · MLS® R3163762
3 bed · 2 bath · 1,100 sq ft · 1 parking
Condo · Single Family · built 2018 · 27 days on market
Listed by Soheil Farahmand, eXp Realty
Step into this well laid-out garden level home at WESTBOURNE, the perfect home for young families and down-sizers. The thoughtful layout separates the main bedrooms from the living space. The third bedroom can serve as a nursery, playroom, office or an extension of the living space while the open-concept kitchen and living area keep everyone connected. The gourmet kitchen features a gas stove, S/S appliances and quartz countertops. Full-size washer/dryer and abundant storage throughout the home. Access through your private gated porch. Unwind on the private rear patio for a relaxed BBQ evening. Well maintained, under 10 year structural warranty. Ideally situated close to daycares, schools, shopping, and SkyTrain - all just minutes away.
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,100 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $4,107 / yr
- Strata fee
- $713 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 27
- MLS®
- R3163762
- Elevator
- Pets Allowed With Restrictions
- All
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,733/mo
- After all costs
- −$1,621/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $342 · strata $713 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
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