Condo
$649,800
401 265 ROSS DRIVE
New Westminsterlisted today
MLS® R3174221
1 / 25
1 bed · 2 bath · 943 sq ft · 2 parking
Condo · Single Family · built 2006 · listed today
Listed by Daniel Schreyer, eXp Realty
Realtor's description
Welcome to one of New Westminster's most sought-after lofts in the heart of the Quay. This stunning 1-bedroom + den, 1.5 bath home offers soaring 17-foot ceilings, exposed brick accents, and oversized windows that fill the space with natural light. The open-concept layout blends industrial character with modern comfort, creating a truly unique living experience. Step outside to your incredible private patio-perfect for entertaining, relaxing, or creating your own urban oasis. Complete with two secured parking stalls and a storage locker, this home offers convenience that's hard to find. Just steps from the River Market, boardwalk, SkyTrain, restaurants, cafés, parks, and all the amenities the Quay has to offer.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 943 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $3,279 / yr
- Strata fee
- $512 / mo ($0.54 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174157
Features
- Private setting
- Pets Allowed With Restrictions
- All
Monthly cost
$3,525/mo
Mortgage $2,740 · Tax $273 · Strata $512
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
- −$2,047/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $2,740 · tax $273 · strata $512 · 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
1.7 km away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
800 m away · 800 Queens Ave, New Westminster · 604-517-1800
- 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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