1 bed · 1 bath · 938 sq ft · 1 parking
Condo · Single Family · built 1983 · 41 days on market
Listed by Ben Catalano, Team 3000 Realty Ltd.
Realtor's description
Location! Heart of New Westminster commercial center with all the shopping just right under the building or cross the street, 5th floor in this Concrete building and only 5 units total in this level, Facing South East this huge 938 Sqft with OPEN Concept Kitchen alarge bathroom, 1 parking side by side and 1 locker on same level(5th floor) which is rare and convenient . Building has Rooftop playground with great view , party room with Ping-Pong and pool table and guest suite. Steps away are a supermarket, convenience store, coffee shop , retail storesand restaurents. Royal City Mall cross the street. Close to Douglas college and moody park.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 938 sq ft
- Parking
- 1
- Year built
- 1983
- Property tax
- $2,034 / yr
- Strata fee
- $554 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 41
- MLS®
- R3159821
Features
- Central location
- Elevator
- Pets 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
- $1,645/mo
- After all costs
- −$983/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $1,738 · tax $169 · strata $554 · 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
Schools
Catchment schools, New Westminster School District 40
- Elementary Lord Kelvin Elementaryhomes in this catchment
700 m away · 1010 Hamilton St, New Westminster · 604-517-6060
- Middle Fraser River Middlehomes in this catchment
1000 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
900 m 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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