Townhouse
$709,000
4 838 ROYAL AVENUE
New Westminster34 days on market
2 bd3 ba947 sq ft
MLS® R31613901 / 34
$690,000
229 10 RENAISSANCE SQUARE
New Westminster · MLS® R3140882
2 bed · 2 bath · 980 sq ft · 1 parking
Condo · Single Family · built 2006 · 100 days on market
Listed by Ray Kisser, Osprey Properties Inc.
Realtor's description
Rare 2 bed, 2 bath loft-style home with soaring 16'6" ceilings, fir flooring and accents, and an exceptional open-concept design. The gourmet kitchen features a Bluestar gas range, Fisher & Paykel fridge and dishwasher, plus a Bosch Smart washer and dryer. Enjoy year-round outdoor living on the extra-large patio with an expandable cover and clear roll-up curtains. App-enabled electric blinds on the upper windows, a built-in closet organizer, newly upgraded gym, rentable guest suite, and steps to the boardwalk and dog park complete this one-of-a-kind home that perfectly blends character, luxury, and convenience.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 980 sq ft
- Parking
- 1
- Year built
- 2006
- Property tax
- $3,208 / yr
- Strata fee
- $523 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 100
- MLS®
- R3140882
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Refrigerator
Monthly cost
$3,797/mo
Mortgage $3,006 · Tax $267 · Strata $523
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
- −$1,869/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $3,006 · tax $267 · strata $523 · 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 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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