Condo
$520,000
17% less per sq ft206 215 TWELFTH STREET
New Westminster18 days on market
MLS® R3167737
1 / 18
2 bed · 2 bath · 900 sq ft · 1 parking
Condo · Single Family · built 1992 · 178 days on market
Listed by Elton Shield, Vanhaus Gruppe Realty Inc.
Open house · Saturday, October 10, 2pm–4pm
Realtor's description
Welcome to your 900 Sqft 2 Bedrooms 2 Bathrooms apartment at The River Valley !! Centrally located in New Westminster neighborhood. Situated just 5 minutes from downtown New Westminster! Walk-able to New Westminster Skytrain Station, location is extremely transit friendly !! Renovated in 2019, flooring, quartz countertops, and appliances are updated, in your new home. One secure parking spot with lots of extra street parking, great for guests visiting your new home. This property is great for a family or an investment! Open house this Saturday 2 to 4pm. See you there!!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 900 sq ft
- Parking
- 1
- Year built
- 1992
- Property tax
- $2,191 / yr
- Strata fee
- $290 / mo ($0.32 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 178
- MLS®
- R3111344
Features
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,847/mo
Mortgage $2,375 · Tax $183 · Strata $290
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
- −$919/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $2,375 · tax $183 · strata $290 · 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 Lord Tweedsmuir Elementaryhomes in this catchment
900 m away · 1714 Eighth Ave, New Westminster · 604-517-6070
- Middle Fraser River Middlehomes in this catchment
1000 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
1.4 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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