Condo
$520,000
17% less per sq ft206 215 TWELFTH STREET
New Westminster18 days on market
MLS® R3167737
1 / 8
2 bed · 1 bath · 947 sq ft · 1 parking
Condo · Single Family · built 1976 · 128 days on market
Listed by Marvin Devaras, Real Broker
Realtor's description
2 BEDROOM IN THE HEART OF DOWNTOWN NEW WEST! Nearly 950 square ft of beautifully maintained living space-hard to find at this size and price point. Bright, functional galley kitchen with stainless steel appliances, opening to a full-size dining area and spacious living room-perfect for everyday living and entertaining. The primary bedroom features an oversized walk-through closet and updated 3-piece ensuite. Enjoy new flooring throughout, plus recently replaced windows and patio door-major upgrades already done. Unbeatable location: 5-minute walk to SkyTrain (close enough for convenience, far enough for peace and quiet), plus steps to shopping, schools, Pier Park, and Queen's Park. Well-managed building with a proactive strata. Hot water included in maintenance fees. Pet-friendly 2-allowed
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 947 sq ft
- Parking
- 1
- Year built
- 1976
- Property tax
- $2,109 / yr
- Strata fee
- $559 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 128
- MLS®
- R3131968
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Refrigerator
- Dishwasher
Monthly cost
$2,909/mo
Mortgage $2,174 · Tax $176 · Strata $559
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
- $2,134/mo
- After all costs
- −$981/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $176 · strata $559 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
300 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
700 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
