Condo
$559,000
1005 280 ROSS DRIVE
New Westminster44 days on market
MLS® R3159116
1 / 12
2 bed · 2 bath · 790 sq ft · 1 parking
Condo · Single Family · built 2008 · 25 days on market
Listed by Christian Butzek, Oakwyn Realty Ltd.
Realtor's description
Sometimes the best homes aren´t the biggest - they´re the ones with the best layout! This affordable 2 bed/2 bath makes smart use of every square foot, with bedrooms on opposite sides for privacy, an open kitchen flowing into a generous living area, and a den off the kitchen that works perfectly as a home office. The quiet courtyard outlook adds calm, while the large balcony gives you room to BBQ and unwind. Parking is included, along with plenty of visitor parking. Better still, the strata has already approved and paid for a brand-new parkade membrane - one less major expense to worry about. Pets and Rentals are allowed. In just minutes, walk to Sapperton SkyTrain, Save On Foods or Royal Columbian Hospital. Call to learn more!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 790 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,501 / yr
- Strata fee
- $394 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 25
- MLS®
- R3165278
Features
- Central location
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,864/mo
Mortgage $2,261 · Tax $208 · Strata $394
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
- −$935/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,261 · tax $208 · strata $394 · 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 Skwo:wech Elementaryhomes in this catchment
800 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.8 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
3.2 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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