Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 34
1 bed · 1 bath · 554 sq ft · 1 parking
Condo · Single Family · built 2019 · 60 days on market
Listed by Chen Zhao, Sutton Group - Vancouver First Realty
Realtor's description
Waterfront living at RiverSky II by BOSA! High on the 19th floor, this mint-condition, NE-facing 1-bedroom home boasts bright morning light and stunning, expansive views of the Fraser River and city skyline. Relax on your huge balcony and soak in the mesmerizing river scenery! Features smart BOSA SpaceTM innovations: an expandable dinette seating 8 and sliding TV millwork with a hidden guest Murphy bed. Open chef's kitchen with a gas range & integrated appliances. Enjoy resort amenities: concierge, gym, yoga studio & fireside lounge. Prime location within easy walking distance to the river, boardwalk, Quay & SkyTrain. Includes 1 parking & 1 locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 554 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,300 / yr
- Strata fee
- $394 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 60
- MLS®
- R3154112
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,743/mo
Mortgage $2,157 · Tax $192 · Strata $394
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
- −$1,264/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,157 · tax $192 · strata $394 · 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
1.2 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
2.2 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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