Condo
$649,800
401 265 ROSS DRIVE
New Westminsterlisted today
MLS® R3174221
1 / 32
$859,000
401 2 RENAISSANCE SQUARE
New Westminster · MLS® R3157673
2 bed · 2 bath · 1,317 sq ft · 2 parking
Condo · Single Family · built 1990 · 49 days on market
Listed by Franco Diligenti, Macdonald Realty
Realtor's description
Welcome to #401 at the "Lido" in Renaissance Square! This 2 bdrm/den, 2 bath Penthouse located in the Quayside neighbourhood of New West has been renovated from original & features new flooring throughout, new bathroom, automatic sun shades, and over height vaulted ceilings that are only afforded to the Penthouse level. All principle rooms & balcony have wonderful Southwest views of Courtyard & Fraser river making clear the distinction as to why being at the PH level offers something in rare supply. 2 underground secured parking spaces & a unique flex space providing 121 square ft of storage make this Riverfront lifestyle opportunity a must see offering!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,317 sq ft
- Parking
- 2
- Year built
- 1990
- Property tax
- $3,762 / yr
- Strata fee
- $730 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 49
- MLS®
- R3157673
Features
- Central location
- Cul-de-sac
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$4,786/mo
Mortgage $3,743 · Tax $313 · Strata $730
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
- −$2,858/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $3,743 · tax $313 · strata $730 · 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
1.8 km away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
800 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.0 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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