Condo
$559,000
1005 280 ROSS DRIVE
New Westminster44 days on market
MLS® R3159116
1 / 21
2 bed · 2 bath · 929 sq ft · 1 parking
Condo · Single Family · built 1995 · 51 days on market
Listed by Christian Butzek, Oakwyn Realty Ltd.
Realtor's description
Welcome to this bright 2 bed/2 bath home tucked away on the quiet side of the building, overlooking the peaceful courtyard. The thoughtful layout offers generous living and dining spaces with room for a full-size dining table and large sofa, while the spacious kitchen provides plenty of room for two to cook comfortably. Recent updates include fresh paint, new countertops, and new bathroom flooring, making this home move-in ready. Located on a quiet, bike-friendly street, you're just a short walk to Columbia SkyTrain, Douglas College, shops, restaurants, City Hall, and everyday conveniences, close to everything, yet removed from the hustle and bustle. Includes a generously sized parking stall and storage locker. Pets and rentals allowed. Exceptional value for a spacious, well-located home.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 929 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,640 / yr
- Strata fee
- $552 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 51
- MLS®
- R3157207
Features
- Central location
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,103/mo
Mortgage $2,331 · Tax $220 · Strata $552
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
- −$1,175/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,331 · tax $220 · strata $552 · 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
500 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
500 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
1.9 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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