1 bed · 1 bath · 523 sq ft · 1 parking
Condo · Single Family · built 2024 · 109 days on market
Listed by Judy Sehling, RE/MAX Real Estate Services
Realtor's description
Welcome to Ovation, an iconic waterfront community in the heart of Downtown New Westminster. This stunning 1 bedroom home offers a thoughtfully designed open concept layout with air conditioning, wide plank laminate flooring, floor to ceiling windows, roller shades & in-suite laundry. The contemporary kitchen features quartz countertops porcelain backsplash, integrated appliances, gas cooktop, Bosch dishwasher, and convection wall oven. Enjoy spectacular city, river, and mountain views from this elevated home. Residents have access to exceptional resort-style amenities, including concierge service, rooftop clubhouse with panoramic views, hot tub, fitness centre, lounge & fire pit. BBQ area, games room & mini golf. Steps to SkyTrain, the Quay, shops & restaurants.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 523 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,322 / yr
- Strata fee
- $395 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 109
- MLS®
- R3139306
Features
- Central location
- Elevator
- Pets Allowed
- Washer
- Refrigerator
- Dishwasher
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
- −$1,223/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,113 · tax $193 · strata $395 · 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 Ecole Qayqayt Elementaryhomes in this catchment
1000 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
400 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.0 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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