Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 24
$459,000
207 240 FRANCIS WAY
New Westminster · MLS® R3098407
1 bed · 1 bath · 680 sq ft · 1 parking
Condo · Single Family · built 2012 · 212 days on market
Listed by Winnie Wu, Sutton Group - 1st West Realty
Realtor's description
Located in the highly desirable Victoria Hill community, this 1 bed 1 bath unit in The Grove is in excellent condition and features a spacious, practical layout with a large bedroom and well-sized walk-in closet. A functional kitchen with SS appliances and granite countertops makes cooking easy. The unit overlooks some greenery with a generous sized balcony providing a peaceful retreat. In addition to access to the community's Boiler House Amenity Centre, residents are just minutes from Queen's Park, Glenbrook Ravine Park, the nearby aquatic and community centre, and local shopping. With easy access to major routes and just minutes from Columbia SkyTrain Station, this home offers stress-free commuting and city living. The unit comes with 1 parking and ready to move in.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 680 sq ft
- Parking
- 1
- Year built
- 2012
- Property tax
- $2,304 / yr
- Strata fee
- $440 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 212
- MLS®
- R3098407
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,632/mo
Mortgage $2,000 · Tax $192 · Strata $440
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
- −$1,153/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,000 · tax $192 · strata $440 · 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
800 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
1.7 km away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.3 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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