Open houseCondo
$875,000
1601 210 Salter Street
New Westminster5 days on market
MLS® R3172335
1 / 13
2 bed · 2 bath · 1,237 sq ft · 1 parking
Condo · Single Family · built 1988 · 66 days on market
Listed by James Geary, RE/MAX Sabre Realty Group
Realtor's description
Great 1237 square ft 2 bedroom 2 bath plus LARGE LOFT condo. Loft is a perfect third bedroom, office for two or media room with it's own closet and window! Vaulted ceiling in the living room! Very quiet location with good privacy. Near transit with easy access to the freeway, Skytrain and the new bridge to Surrey. Only minutes to Royal Columbian Hospital! Active strata with guest suite for your visitors! This very special condo is perfect for students, families, upsizers, downsizers, where you can work from home and have room to spare! Plenty of space to rent out a spare room as a mortgage helper! 1st time buyers can purchase this great home for as little as 5% down! Easy to show with 24 hours notice! Don't miss this one!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,237 sq ft
- Parking
- 1
- Year built
- 1988
- Property tax
- $2,810 / yr
- Strata fee
- $907 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 66
- MLS®
- R3152765
Features
- Central location
- Cul-de-sac
- Pets Allowed With Restrictions
- All
Monthly cost
$4,136/mo
Mortgage $2,995 · Tax $234 · Strata $907
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
- −$2,207/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $2,995 · tax $234 · strata $907 · 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 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
2.4 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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