Condo
$399,900
30% under assessed306 48 RICHMOND STREET
New Westminster14 days on market
1 bd1 ba898 sq ft
MLS® R31689741 / 29
$339,000
308 608 BELMONT STREET
New Westminster · MLS® R3173637
1 bath · 393 sq ft · 1 parking
Condo · Single Family · built 2014 · listed today
Listed by Landon Lee, One Percent Realty Ltd.
Realtor's description
The VICEROY - Built by BOSA & BLUESKY properties. Quality built, quiet studio apartment located in Uptown, New Westminster. Lovely view overlooking the peaceful courtyard and gardens. Freshly painted, New fridge, and Dryer. Features laminate floors, granite counters, soaker tub, full sized W/D, 1 Parking & 1 Locker. Amenities include gym, garden terrace, boardroom, social room, lounge, and conference room. Convenient location steps from: Public Transit, Save-On Foods, Royal City Centre, Moody Park, London Drugs, beautiful Queens Park, and so much more. OPEN HOUSE SUN OCT 11 (2-4PM)
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 393 sq ft
- Parking
- 1
- Year built
- 2014
- Property tax
- $1,730 / yr
- Strata fee
- $265 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3173637
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$1,886/mo
Mortgage $1,477 · Tax $144 · Strata $265
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
- $1,531/mo
- After all costs
- −$513/mo
- Cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $1,477 · tax $144 · strata $265 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 Kelvin Elementaryhomes in this catchment
700 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
900 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
900 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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