Condo
$399,000
30% less per sq ft1506 615 BELMONT STREET
New Westminster1 day on market
MLS® R3174011
1 / 30
$347,000
201 338 WARD STREET
New Westminster · MLS® R3167055
1 bed · 1 bath · 705 sq ft · 1 parking
Condo · Single Family · built 1975 · 22 days on market
Listed by Kylee Skoczylas, Angell, Hasman & Associates Realty Ltd.
Realtor's description
Welcome to the most charming corner-unit home in the heart of Sapperton! This bright one-bedroom condo is flooded with natural light & features an inviting white brick gas fireplace as the focal point of the living space, with gas included in the strata fees. Enjoy the convenience of a newly professionally installed Blomberg washer & dryer, approved by strata, & a spacious bedroom with a large closet featuring built-in organization. Take in beautiful mountain & city views from your wrap-around balcony, accompanied by the tranquil sounds of a neighbouring koi pond. Ideally located just steps from parks, shopping, restaurants, Royal Columbian Hospital & SkyTrain access. Situated in a well-maintained 14 unit boutique building, this home is perfect for first-time buyers, downsizers, or investors alike.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 705 sq ft
- Parking
- 1
- Year built
- 1975
- Property tax
- $1,900 / yr
- Strata fee
- $531 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 22
- MLS®
- R3167055
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Refrigerator
- Intercom
Floor plans
Found among the listing photos.
Monthly cost
$2,201/mo
Mortgage $1,512 · Tax $158 · Strata $531
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
- −$722/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $1,512 · tax $158 · strata $531 · 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 Skwo:wech Elementaryhomes in this catchment
400 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.5 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.9 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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