Condo
$420,000
112 1009 HOWAY STREET
New Westminster28 days on market
MLS® R3164487
1 bed · 1 bath · 685 sq ft · 1 parking
Condo · Single Family · built 1987 · listed today
Listed by Michael Cabal, Maple Supreme Realty Inc.
Realtor's description
FIRST-TIME BUYER & INVESTOR OPPORTUNITY! Welcome to this spacious 685 sq. ft. 1-bedroom ground-floor home, quietly tucked away facing the peaceful inner courtyard. Offering an affordable entry into the market, this home features a functional layout, secure parking, shared laundry, and a well-maintained strata with reasonable fees.Enjoy a quiet yet convenient location close to transit, shopping, schools, parks, and the new community recreation centre. With rentals allowed and up to 2 cats and 2 dogs permitted, this property offers flexibility for both homeowners and investors.A great opportunity to own an affordable home with excellent potential in a convenient neighbourhood. Priced to sell - don't miss your chance to make this one yours!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 685 sq ft
- Parking
- 1
- Year built
- 1987
- Strata fee
- $337 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3173261
Features
- Central location
- Cul-de-sac
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$1,797/mo
Mortgage $1,460 · Strata $337
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,645/mo
- After all costs
- −$318/mo
- Cap rate
- 4.1%
- yearly net rent ÷ price
Costs: mortgage $1,460 · strata $337 · 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 Skwo:wech Elementaryhomes in this catchment
1.0 km away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
600 m away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
1.9 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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