302 709 12TH STREET
New Westminster · MLS® R3174032
1 bed · 1 bath · 652 sq ft · 1 parking
Condo · Single Family · built 2012 · 1 day on market
Listed by Joe Longacre, Macdonald Realty
Realtor's description
Welcome to this spacious 1-bedroom, 1-bathroom home in the heart of New Westminster's centrally located Moody Park neighbourhood. Offering 652 sq. ft. of thoughtfully designed living space, this inviting home features vaulted ceilings, stainless steel appliances, granite countertops, and the convenience of in-suite laundry. Enjoy beautiful mountain, river, and city views, along with the rare benefit of a large private patio-perfect for morning coffee, outdoor dining, or relaxing and entertaining. The home also includes 1 parking stall and 1 storage locker. Step outside and enjoy an exceptional location with shops, restaurants, parks, schools, transit, and the New Westminster Quay all within easy walking distance. A wonderful opportunity for first-time buyers, downsizers, or investors seeking a spacious home with outstanding outdoor space and a truly connected location.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 652 sq ft
- Parking
- 1
- Year built
- 2012
- Property tax
- $2,082 / yr
- Strata fee
- $400 / mo ($0.61 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3174032
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Refrigerator
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
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
- −$1,164/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,070 · tax $173 · strata $400 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Lord Kelvin Elementaryhomes in this catchment
200 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
1.3 km away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
800 m 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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