1 bed · 1 bath · 685 sq ft · 1 parking
Condo · Single Family · built 1974 · 52 days on market
Listed by Alice Cheung, RE/MAX City Realty
Realtor's description
BOSA built CONCRETE HIGHRISE "THE STATESMAN ". This one bed one bath BRIGHT home is almost 700SF and has been upgraded tastefully with SWEEPING VIEWS of the PARK and CITY. 1-2 blocks away from Lord Kelvin Elementary, New West Secondary, Massey Theatre, and Moody Park Arena. Approximately 15 minutes' walk to the Skytrain (Columbia or 22nd Stations). Conveniently located steps away from Royal City Center and trendy shopping/restaurants/services. Amenities include a complimentary LOUNGE/PARTY ROOM. Please note SHARED LAUNDRY and NO CATS//DOGS. One locker and one parking. Balcony has sliding panels to so can be enclosed or open.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 685 sq ft
- Parking
- 1
- Year built
- 1974
- Property tax
- $1,795 / yr
- Strata fee
- $497 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 52
- MLS®
- R3156877
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- 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
- $1,645/mo
- After all costs
- −$994/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $1,826 · tax $150 · strata $497 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Lord Kelvin Elementaryhomes in this catchment
400 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
1.2 km away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
500 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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