Condo
$649,800
401 265 ROSS DRIVE
New Westminsterlisted today
MLS® R3174221
1 / 20
2 bed · 2 bath · 1,000 sq ft · 1 parking
Condo · Single Family · built 2009 · 163 days on market
Listed by Linda Zhang, Optim Pacific Realty
Realtor's description
Gorgeous full waterfront south views from this 15th floor corner unit, bright and clean two bedroom, two bath, 1000 sf, freshly painted & brand new laminate floors. open and spacious floor plan, luxurious features such as gourmet kitchen, under mounted double sinks, double nosed granite counter tops, s/s appliances, in-suite laundry, a large in-suite storage area, floor to ceiling windows with a peaceful city & river view from the large COVERED BALCONY. Steps to skytrain, shopping, recreation, and parks. One cat or one non-vicious dog allowed. a secure underground parking spot.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,000 sq ft
- Parking
- 1
- Year built
- 2009
- Property tax
- $3,290 / yr
- Strata fee
- $625 / mo ($0.62 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 163
- MLS®
- R3117437
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$3,509/mo
Mortgage $2,610 · Tax $274 · Strata $625
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
- −$1,580/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $274 · strata $625 · 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
New WestminsterGoogle Maps ↗
Schools
Catchment schools, New Westminster School District 40
- Elementary Ecole Qayqayt Elementaryhomes in this catchment
800 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
600 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.2 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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