Open houseCondo
$719,000
Good price408 777 EIGHTH STREET
New Westminsterlisted today
2 bd2 ba1,434 sq ft
MLS® R31734741 / 40
$669,900
1505 1235 QUAYSIDE DRIVE
New Westminster · MLS® R3168745
2 bed · 2 bath · 1,347 sq ft · 1 parking
Condo · Single Family · built 1991 · 14 days on market
Listed by Cindy Gering, RE/MAX All Points Realty
You're not just buying a CONDO, you're buying a LIFESTYLE! This rare 1347 SqFt WATERFRONT home at the Quay offers 2 BDRM, 2 BTHRM & breathtaking Fraser River views from virtually every room. Combining generous square footage, an unbeatable location, & a meticulously maintained building with a proactive strata boasting over $2 million in the CRF, this home stands apart. TRULY feels like a house, with a generous sized kitchen, LR/DR & BDRMS. Exceptional amenities in this building include an bike room, Indoor pool, 2 hot tubs, sauna, gym, guest suite, bike room, clubhouse, library, workshop, resident caretaker, 1 U/G parking stall, convenient in-suite storage. Enjoy the covered balcony while watching the Fraser River activity, or stroll along the scenic waterfront boardwalk. 2 Pets OK.
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,347 sq ft
- Parking
- 1
- Year built
- 1991
- Property tax
- $3,330 / yr
- Strata fee
- $628 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 14
- MLS®
- R3168745
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Found among the listing photos.
$3,824/mo
Mortgage $2,919 · Tax $277 · Strata $628
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,134/mo
- After all costs
- −$1,896/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,919 · tax $277 · strata $628 · 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
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