Condo
$675,000
1206 280 ROSS DRIVE
New Westminsterlisted today
MLS® R3174225
1 / 39
2 bed · 2 bath · 968 sq ft · 2 parking
Condo · Single Family · built 1998 · 88 days on market
Listed by Richi Singh, Royal LePage Global Force Realty
Realtor's description
Experience penthouse living at Residences on the River! This bright 2 bed, 2 bath home features an ideal split-bedroom layout, soaring vaulted ceilings in the living room, stainless steel appliances, and a beautifully renovated primary ensuite with new tile, flooring, shower, toilet, and modern finishes. Relax by the cozy gas fireplace, with gas included in the strata fees. Complete with 2 parking stalls and 1 storage locker. Located in the desirable Port Royal waterfront community, just steps to the riverfront boardwalk, parks, trails, the Q to Q Ferry, shops, restaurants, and more.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 968 sq ft
- Parking
- 2
- Year built
- 1998
- Property tax
- $2,618 / yr
- Strata fee
- $692 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 88
- MLS®
- R3145134
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,520/mo
Mortgage $2,610 · Tax $218 · Strata $692
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
- −$1,591/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $218 · strata $692 · 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 Queen Elizabeth Elementaryhomes in this catchment
1.8 km away · 921 Salter St, New Westminster · 604-517-6080
- Middle Queensborough Middle Schoolhomes in this catchment
1.6 km away · 833 Salter St, New Westminster · 604-517-6040
- Secondary New Westminster Secondaryhomes in this catchment
2.3 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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