2 bed · 2 bath · 892 sq ft · 1 parking
Condo · Single Family · built 2017 · 36 days on market
Listed by Gurinder Cheema, RE/MAX Performance Realty
Realtor's description
Excellent Condition like new maintained by Original Owner. South West facing with a majestic view of the Fraser River & gorgeous sunset ambiance! Modern 2 bed + 2 bath corner unit at The Elliot, a concrete highrise in downtown New Westminster. Spacious and well laid out floorplan featuring living and dining room overlooking a beautiful river view. Two great sized bedrooms, with large walk-in closet and private 4 piece en-suite off the master. Elegant kitchen with high end stainless steel appliances, gas range and quartz countertops. Extremely private and bright corner unit. Fabulous location just minutes from Albert Crescent, Tipperary + Queens Park and walking distance to Douglas College, Columbia skytrain, shopping & restaurants & Pier Park! Ecole Qayqayt Elementary & New West Secondary.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 892 sq ft
- Parking
- 1
- Year built
- 2017
- Property tax
- $2,954 / yr
- Strata fee
- $504 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 36
- MLS®
- R3161302
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
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
- −$1,654/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,832 · tax $246 · strata $504 · 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 Ecole Qayqayt Elementaryhomes in this catchment
100 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
1.1 km away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.2 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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