Condo
$399,900
30% under assessed306 48 RICHMOND STREET
New Westminster16 days on market
MLS® R3168974
1 / 23
$530,000
606 200 KEARY STREET
New Westminster · MLS® R3140950
2 bed · 1 bath · 810 sq ft · 1 parking
Condo · Single Family · built 2008 · 102 days on market
Listed by Gurinder Cheema, RE/MAX Performance Realty
Realtor's description
Welcome to The Anvil, a beautiful newly renovated 2 bedroom corner unit on the 6 floor with BREATHLESS views of the Fraser River from both rooms! An elevator ride away from public transit ( sky train ) & foot steps away from shops, restaurants & recreation. A quick 25 min train ride to the heart of down town Vancouver. One stop away from the Quay side to enjoy its water front entertainment and river side park. Hurry on over and secure your home and the lifestyle that awaits you.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 810 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,278 / yr
- Strata fee
- $427 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 102
- MLS®
- R3140950
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,926/mo
Mortgage $2,309 · Tax $190 · Strata $427
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
- −$998/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $2,309 · tax $190 · strata $427 · 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 Skwo:wech Elementaryhomes in this catchment
700 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.6 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
3.0 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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