Condo
$499,000
803 258 NELSON'S COURT
New Westminster1 day on market
MLS® R3173952
1 / 30
1 bed · 1 bath · 890 sq ft · 1 parking
Condo · Single Family · built 1983 · 1 day on market
Listed by Andrea Kavanagh, RE/MAX Select Properties
Realtor's description
Bring your decorating ideas to this spacious 1-bedroom view home at Belmont Tower in New Westminster! Offering beautiful water, city, and mountain views, this home features a generous layout with plenty of natural light, a well-designed kitchen, in-suite laundry, large bedroom and an enclosed balcony/solarium that provides flexible space for a home office, reading nook or year-round retreat. Ideally located close to shopping, restaurants, transit and everyday amenities. Whether you´re looking for a home or investment, this is an excellent opportunity in a well-maintained, solid concrete building with great amenities, including a guest suite, sauna, huge rooftop patio with views, and meeting rooms. A convenient garbage chute on every floor. 1 parking stall and 1 storage locker are included. Cats allowed; no dogs. A great opportunity to make this well-located home your own.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 890 sq ft
- Parking
- 1
- Year built
- 1983
- Property tax
- $2,073 / yr
- Strata fee
- $488 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3174011
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,399/mo
Mortgage $1,738 · Tax $173 · Strata $488
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
- $1,645/mo
- After all costs
- −$921/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $1,738 · tax $173 · strata $488 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
New WestminsterGoogle Maps ↗
Schools
Catchment schools, New Westminster School District 40
- Elementary Lord Kelvin Elementaryhomes in this catchment
700 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
900 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
900 m 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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