503 82 First Street

20% down at 4.44% fixed (Ratehub.ca), 25 years; strata fee from the listing.

rent

$3,230/mo

after all costs

−$902/mo

cap rate

3.9%

yearly net rent ÷ price

Costs: mortgage $3,344 · strata $494 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in New Westminster: CMHC's average there ($2,733) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Columbia SkyTrain station, 600 m (about 9 min walk); New Westminster SkyTrain station, 1.1 km (about 18 min walk).

Estimate: the BC Assessment value times New Westminster's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

listed now

44 days

median for 348 condos for sale; this one 6 days

Condos in New Westminster. Sale prices register 1 to 3 months after a sale closes.

• Heritage

  This address is on the Heritage Revitalization Agreement (New Westminster) as "E.M.N Woods House". Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.

  Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

the building's lot: 4,457 m² (47,975 sq ft) · PID 032-820-691. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Columbia SkyTrain station, 600 m (about 9 min walk); New Westminster SkyTrain station, 1.1 km (about 18 min walk).