Condo
$649,800
401 265 ROSS DRIVE
New Westminsterlisted today
MLS® R3174221
1 / 21
2 bed · 2 bath · 788 sq ft · 1 parking
Condo · Single Family · built 2007 · 133 days on market
Listed by Blair Wang, LeHomes Realty Premier
Realtor's description
Beautiful northeast corner unit with stunning river and city views and plenty of natural light. This functional 788 sq. ft. floor plan features 2 bedrooms, 2 bathrooms, and 1 den, with open-concept living, oversized windows, and a large covered balcony. Comes with 1 parking stall and 1 storage locker. The kitchen features stainless steel appliances and granite countertops. Conveniently located in the heart of New Westminster, just steps to the SkyTrain, shops, restaurants, parks, and everyday amenities, and close to Douglas College, making it an excellent option for students, professionals, and investors.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 788 sq ft
- Parking
- 1
- Year built
- 2007
- Property tax
- $2,557 / yr
- Strata fee
- $505 / mo ($0.64 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 133
- MLS®
- R3129535
Features
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$3,049/mo
Mortgage $2,331 · Tax $213 · Strata $505
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
- −$1,121/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,331 · tax $213 · strata $505 · 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 Ecole Qayqayt Elementaryhomes in this catchment
1000 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
200 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
1.9 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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