Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 39
$495,000
402 624 AGNES STREET
New Westminster · MLS® R3160186
1 bed · 1 bath · 835 sq ft · 1 parking
Condo · Single Family · built 1995 · 38 days on market
Listed by Jamie Stewart, eXp Realty
Realtor's description
Ideal for first-time buyers or investors, this spacious 835 sq. ft. 1-bedroom condo is centrally located in the heart of Downtown New Westminster, just steps to Douglas College, shops, restaurants, SkyTrain, Pier Park, River Market, and Landmark Cinemas. The functional open layout features a generous kitchen, gas fireplace, in-suite laundry, and oversized bedroom with room for a sitting area or home office. Enjoy access to a shared rooftop deck with great views. Includes 1 secure parking stall and 1 storage locker. Well-managed, pet-friendly building with rentals allowed and a proactive strata. Virtually staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 835 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,352 / yr
- Strata fee
- $395 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 38
- MLS®
- R3160186
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
Monthly cost
$2,748/mo
Mortgage $2,157 · Tax $196 · Strata $395
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
- $1,645/mo
- After all costs
- −$1,270/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,157 · tax $196 · strata $395 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
600 m 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
2.0 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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