Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 16
1 bed · 1 bath · 524 sq ft · 1 parking
Condo · Single Family · built 2019 · 22 days on market
Listed by Anderson Hsu, Real Broker
Realtor's description
Eighteen floors above the Fraser at Riversky 2 by Bosa Properties, this one bedroom home wakes to light on the water. The Quay boardwalk is ten seconds from the lobby. New Westminster SkyTrain is a five minute walk: about 25 minutes to downtown Vancouver, 12 to Metrotown, 10 to Surrey City Centre. Three supermarkets and the Columbia Street restaurant district sit within a five minute stroll, so dinner never needs a car. Downstairs, a concierge, fitness centre and lounge. One parking stall and one storage locker included. The river at your feet, the city within reach. Open House Sept 26&27 12pm - 1:15pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 524 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,204 / yr
- Strata fee
- $371 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 22
- MLS®
- R3166635
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
$2,511/mo
Mortgage $1,955 · Tax $184 · Strata $371
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
- −$1,032/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $1,955 · tax $184 · strata $371 · 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 Ecole Qayqayt Elementaryhomes in this catchment
1.1 km 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
2.3 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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