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$675,000

704 415 E COLUMBIA STREET

New Westminster · MLS® R3152012

3 bed · 2 bath · 1,035 sq ft · 1 parking

Condo · Single Family · built 2007 · 64 days on market

Listed by VJ Oco, RE/MAX 2000 Realty

Spectacular sub-penthouse corner unit with a designer's touch throughout. Freshly painted, this unique 3 bedroom, 2 full bath home is bathed in natural light - a true corner suite with windows on multiple sides. Showcasing engineered hardwood floors, tiled kitchen & bath floors, custom-built closets, granite counters, designer lighting & a cozy fireplace. Take in the North Shore mountains, Fraser River & both the Port Mann and the new stalewasem Bridge (Pattullo replacement) from south and west-facing rooms & your private balcony. Comes with 1 parking stall & 1 storage locker. Close to everything - walking distance to Sapperton & Braid SkyTrain stations, two parks, RCH, shopping, restaurants, Starbucks, transit, Hwy 1 plus minutes to Lougheed Town Centre.

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,035 sq ft
Parking: 1
Year built: 2007
Property tax: $3,046 / yr
Strata fee: $682 / mo ($0.66 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 64
MLS®: R3152012

Typical for the area (+1.6%)

Price per sq ft: $652 vs $642 median for condos in New Westminster for sale (342)

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.

Central location
Elevator
Pets Allowed With Restrictions
All

On market 64 days

Listed now: 49 days; median for 342 condos for sale; this one 64 days

Condos in New Westminster. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,877/mo

Mortgage $2,941 · Tax $254 · Strata $682

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,941/ monthly

loan $540,000

25-year amortization

down payment20% · $135,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $342,273
property transfer tax: $11,500; BC general rate
cash to close: $146,500; down + PTT
total paid: $882,273

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,733/mo
After all costs: −$1,397/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,941 · tax $254 · strata $682 · insurance ~$35 · 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

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