$589,000
317 12 K De K Court
New Westminster46 days on market
listed by Royal LePage Sterling Realty
MLS® R3164075
212 220 Salter Street
222
949 sq ft · Condo · Single Family · built 2013 · 5 days on market
listed by Eve Chiang, Evergreen West Realty
realtor's description
Welcome to prime waterfront living at Glasshouse Lofts. This freshly painted 2 bed, 2 bath open concept home boasts 10ft ceilings, white oak hardwood floor and a reclaimed brick wall feature. Fireplace, TV and sound system included. Kitchen comes with a brand new hoodfan and microwave. Indoor/outdoor living blends seamlessly when the folding glass doors are tucked away. Perfect for entertaining, bbq with direct gas hookup or just watch nature swim/fly by. Walk/bike around scenic Port Royal, enjoy the community garden and the boardwalk. Watch the QtoQ ferry arrive and catch a ride to downtown New West/skytrain in minutes. Queensborough Landing/Costco business centre is a short drive away. Includes 2 parking stalls (EV ready) and 1 locker. OH: Oct 24, noon-2pm
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 949 sq ft
- parking
- 2
- year built
- 2013
- property tax
- $3,695 / yr
- strata fee
- $502 / mo ($0.53 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 5
- MLS®
- R3177734
features
- Private setting
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
floor plans
found among the listing photos.
monthly cost
$3,943/mo
Mortgage $3,133 · Tax $308 · Strata $502
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
- $2,410/mo
- after all costs
- −$1,761/mo
- cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,133 · tax $308 · strata $502 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in New Westminster: CMHC's average there ($2,134) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 ↗
Rapid transit: New Westminster SkyTrain station, 1.1 km (about 16 min walk); Columbia SkyTrain station, 1.7 km (about 26 min walk).
schools
Catchment schools, New Westminster School District 40
- Elementary Queen Elizabeth Elementaryhomes in this catchment
1.9 km away · 921 Salter St, New Westminster · 604-517-6080
- Middle Queensborough Middle Schoolhomes in this catchment
1.6 km away · 833 Salter St, New Westminster · 604-517-6040
- Secondary New Westminster Secondaryhomes in this catchment
2.6 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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