Land
$505,000
317 STANLEY STREET
New Westminster11 days on market
MLS® R3170017
1 / 9
1 bed · 1 bath · 553 sq ft
Condo · Single Family · built 2019 · 79 days on market
Listed by Tom Wu, Royal Pacific Tri-Cities Realty
Realtor's description
Rarely available 1 bedroom home in vibrant New Westminster downtown by BOSA! This bright, west-facing unit has modern open concept floor plan and spacious balcony for year-round enjoyment. Stylish finishing includes transformable living with BosaSpace, Stainless steel appliances, laminate flooring and a gas stove. Very convenient location, just steps away from Skytrain, River market, restaurants, and much more! Pet friendly, rentals allowed! With 1 storage locker, fantastic amenities, and concierge, this home has been well maintained, and is a fantastic place to raise family or invest!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 553 sq ft
- Parking
- 0
- Year built
- 2019
- Property tax
- $2,221 / yr
- Strata fee
- $360 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 79
- MLS®
- R3148954
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,458/mo
Mortgage $1,913 · Tax $185 · Strata $360
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
- $1,645/mo
- After all costs
- −$980/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $1,913 · tax $185 · strata $360 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
1.1 km away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
500 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.2 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
