New Westminster · MLS® R3170513
221
1,138 sq ft · Condo · Single Family · built 1991 · 26 days on market
listed by TJ Moreau, Sutton Group-West Coast Realty
Open house · Saturday, October 31, 11am–1pm
PALACE QUAY - an iconic development by BOSA. This amazing 2 bedroom home has a very efficient floor plan. Floor to ceiling windows and tons of natural light. Fully renovated with an exquisite kitchen, updated bathrooms, and extra large bedrooms! Beautiful views of the Fraser River. Enjoy the indoor POOL, hot tub, billiard/games room, and well equipped GYM. Fantastic location that is close to Queen´s Park, Aquatic & Community Centre, Columbia and Sapperton Skytrain stations, and so much more! This suite comes with one parking and one storage locker. Extremely well maintained building with a proactive strata. Don't miss out on this unique opportunity! OPEN HOUSE - Saturday, October 31st - 11:00 AM to 1:00 PM.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,871 · tax $232 · strata $575 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in New Westminster: CMHC's average there ($2,134) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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.
Catchment schools, New Westminster School District 40
1000 m away · 85 Merivale St, New Westminster · 604-517-6050
1.9 km away · 800 Queens Ave, New Westminster · 604-517-1800
2.5 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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Rapid transit: Sapperton SkyTrain station, 1.2 km (about 18 min walk); Columbia SkyTrain station, 1.4 km (about 21 min walk).
| year | assessed | est. tax |
|---|---|---|
| 2026 | $581,000 | $2,785 |
| 2025 | $626,000 | $2,732 |
Estimated tax up 1.9% from 2025 to 2026.
The listing shows $2,785 a year in property tax.
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.
An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.
Condos in New Westminster. Sale prices register 1 to 3 months after a sale closes.
On market 26 days · no price changes so far
On the market 26 days. No price changes recorded since Oct 8, 2026.
Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.
the building's lot: 9,646 m² (103,829 sq ft) · PID 017-653-592. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Rapid transit: Sapperton SkyTrain station, 1.2 km (about 18 min walk); Columbia SkyTrain station, 1.4 km (about 21 min walk).
Walkability 60/100 · Walkable: many errands on foot
Within a 10 minute walk: 3 places to eat or drink, 1 cafe, 7 parks and playgrounds, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.