2 bed · 2 bath · 1,166 sq ft · 1 parking
Condo · Single Family · built 1994 · 31 days on market
Listed by Tracey Davies, Oakwyn Realty Ltd.
Realtor's description
Welcome to your new home in the heart of Fraserview! Governors Court is a fully rainscreened building in a well maintained community offering mature gardens, loads of street parking and visitor parking for guests and is within steps to the Curling Rink, the brand new award winning Aquatic and Community Centre, transit, Grey Fox restaurant and shops. This tastefully updated 1,166 sq. ft ground level condo offers 2 bedrooms, 2 bathrooms, stunning kitchen, welcoming living / dining room with gas fireplace. Access your patio from the living room and master bedroom. You will notice and appreciate the available space for house sized furniture, perfect for downsizers. Enjoy the cherry blossoms in the Spring right outside your window. Don't miss this one, it is a beauty! Rentals and 1 pet allowed.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,166 sq ft
- Parking
- 1
- Year built
- 1994
- Property tax
- $2,797 / yr
- Strata fee
- $615 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 31
- MLS®
- R3162875
Features
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
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
- $2,134/mo
- After all costs
- −$1,660/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,740 · tax $233 · strata $615 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Skwo:wech Elementaryhomes in this catchment
900 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.1 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.5 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.































































































