Townhouse
$709,000
4 838 ROYAL AVENUE
New Westminster34 days on market
2 bd3 ba947 sq ft
MLS® R31613901 / 40
$965,000
55 323 GOVERNORS COURT
New Westminster · MLS® R3147446
3 bed · 3 bath · 2,250 sq ft · 2 parking
Townhouse · Single Family · built 1994 · 82 days on market
Listed by Kellie Vallee, RE/MAX All Points Realty
Realtor's description
Best location in the complex! Well maintained & cared for, END UNIT, split level townhouse with 3 Beds & 2.5 Baths, 2250 square ft with sweeping river, mountain & city views from each floor. Features 2 Gas fireplaces, updated fridge & dishwasher & washer/dryer, hot water radiant heat, built-in vaccuum, large room sizes, natural light, generous layout & tons of storage. Top floor hosts the primary bedroom, ensuite bath & large walk-in closet. Double attached garage & ample visitor parking throughout the complex. BRAND NEW HOT WATER ON DEMAND (May 2026)! Private backyard & patio plus additional 2 sundeck with views off the front. Very healthy CRF. Quiet location within the complex! Pet friendly & rentals allowed. Very convenient neighbourhood close to transit, parks, shopping, schools, restaurants, trails & all amenities. **EASY TO SHOW BY APPOINTMENT!**
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,250 sq ft
- Parking
- 2
- Year built
- 1994
- Property tax
- $4,185 / yr
- Strata fee
- $745 / mo ($0.33 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 82
- MLS®
- R3147446
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- All
Monthly cost
$5,298/mo
Mortgage $4,204 · Tax $349 · Strata $745
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
- $2,733/mo
- After all costs
- −$2,959/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $4,204 · tax $349 · strata $745 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Skwo:wech Elementaryhomes in this catchment
800 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.2 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.6 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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