1 bath · 411 sq ft · 1 parking
Condo · Single Family · built 1968 · 245 days on market
Listed by Steve Birkic, Oakwyn Realty Ltd.
Realtor's description
Affordable living in Uptown New Westminster! This bright bachelor suite offers a smart open layout with a defined sleeping alcove that provides a comfortable spot for your bed. Features easy-care laminate flooring throughout, and a spacious kitchen with plenty of cabinetry. Enjoy a covered balcony for year-round use. Steps to transit, Royal City Centre, Walmart, medical offices, restaurants, parks, schools, and within walking distance to SkyTrain. Low monthly fee includes heat, hot water, and property taxes. Quiet age-restricted building (40+). Includes secure underground parking, and shared laundry. No pets or rentals. Non-strata building, all cash purchase required.
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 411 sq ft
- Parking
- 1
- Year built
- 1968
- Property tax
- $801 / yr
- Strata fee
- $252 / mo ($0.61 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 245
- MLS®
- R3087578
Features
- Pets not Allowed
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
- $1,531/mo
- After all costs
- $188/mo
- Cap rate
- 6.4%
- yearly net rent ÷ price
Costs: mortgage $867 · tax $67 · strata $252 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 Lord Kelvin Elementaryhomes in this catchment
500 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- 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
1.0 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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