Condo
$475,000
302 709 12TH STREET
New Westminster1 day on market
MLS® R3174032
1 / 26
1 bed · 1 bath · 724 sq ft · 1 parking
Condo · Single Family · built 1976 · 16 days on market
Listed by Atefeh Abbaspour, Royal LePage Sussex
Realtor's description
Beautifully renovated and move-in ready, this 724 sq. ft. home sits on the quiet side of the building featuring a relaxing 5.5´x12´ clean balcony. Enjoy year-round comfort with a premium 12,000 BTU Lennox mini-split A/C and convenient in-suite laundry. The reimagined kitchen boasts sleek cabinetry, quartz countertops, a built-in pantry, and newer appliances. The updated bathroom offers a custom 36-inch vanity with deep drawers and an under-mount sink. The large bedroom easily fits a king-size bed. Fresh tile and laminate flooring, modern track lighting, hardware, and premium finishes complete the home. Includes secure parking, storage locker, and workshop. Well-run, pet-friendly building with low maintenance fees. This is a rare opportunity and won't last long. Hurry to view!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 724 sq ft
- Parking
- 1
- Year built
- 1976
- Property tax
- $1,801 / yr
- Strata fee
- $394 / mo ($0.54 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 16
- MLS®
- R3168928
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,452/mo
Mortgage $1,908 · Tax $150 · 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
- −$974/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $1,908 · tax $150 · 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 Lord Kelvin Elementaryhomes in this catchment
500 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
1.3 km away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
400 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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