313 220 SALTER STREET
New Westminster · MLS® R3124440
2 bed · 2 bath · 968 sq ft · 1 parking
Condo · Single Family · built 2013 · 145 days on market
Listed by Shaun Carson, eXp Realty
Realtor's description
Welcome to Metro Vancouver´s best kept secret. Waterfront living on the Fraser River in the Port Royal planned community, New Westminster. East facing mornings begin with sunrise over our coastal mountains, shimmering off the river, into your home, daily. Care and attention to every design detail offer: split level living, elevated 12 ft ceilings in main living areas, and accordion glazed wall, optimizing inside/outside living areas. 2 elevated bedrooms over-look main living areas allowing open-loft style or closed for privacy. Enjoy evening walks in your flawless landscaped neighbourhood and riverwalk with pedestrian bridges. Community park, community gardens, community child care. A true example of real estate delivering elevated lifestyle and community.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 968 sq ft
- Parking
- 1
- Year built
- 2013
- Property tax
- $3,495 / yr
- Strata fee
- $502 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 145
- MLS®
- R3124440
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
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
- $2,134/mo
- After all costs
- −$2,128/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $3,263 · tax $291 · strata $502 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Queen Elizabeth Elementaryhomes in this catchment
1.9 km away · 921 Salter St, New Westminster · 604-517-6080
- Middle Queensborough Middle Schoolhomes in this catchment
1.6 km away · 833 Salter St, New Westminster · 604-517-6040
- Secondary New Westminster Secondaryhomes in this catchment
2.6 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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