Condo
$559,000
1005 280 ROSS DRIVE
New Westminster44 days on market
MLS® R3159116
1 / 30
2 bed · 2 bath · 817 sq ft · 1 parking
Condo · Single Family · built 2009 · 122 days on market
Listed by Ken Ng, Sutton Group-West Coast Realty
Realtor's description
SUB-PENTHOUSE at Plaza 88 Azure II, Central location & beautiful city and river view! Conveniently located in Down Town New Westminster, the Riverside neighborhood with skytrain, restaurants, shopping, coffee shops, cinemas, Quay Public Market and Douglas College are just downstairs. Functional 2 bed 2 bath with granite countertops, gourmet kitchen and stainless steel appliances. You can enjoy the city and water views from your good size balcony. Do not miss this fantastic opportunity!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 817 sq ft
- Parking
- 1
- Year built
- 2009
- Property tax
- $2,863 / yr
- Strata fee
- $476 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 122
- MLS®
- R3134310
Features
- Elevator
- Pets Allowed With Restrictions
- All
- Dishwasher
Monthly cost
$3,324/mo
Mortgage $2,610 · Tax $239 · Strata $476
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
- −$1,396/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $239 · strata $476 · 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
1.0 km away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
400 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.1 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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