$448,800
303 230 Mowat Street
New Westminster13 days on market
listed by RE/MAX All Points Realty
MLS® R3175286
902 833 Agnes Street
111
540 sq ft · Condo · Single Family · built 2006 · 111 days on market
listed by Ryan Zhang, Youlive Realty
realtor's description
Beautiful northwest-facing unit filled with natural light in the award-winning News Towers by Rykon Group. Located in the heart of Downtown New Westminster, this well-maintained concrete building with a full rainscreen is just steps from Save-On-Foods, New West Quay Public Market, Douglas College, and New Westminster SkyTrain Station. This functional 540 sq. ft. floor plan offers 1 bedroom and 1 bathroom with an open-concept layout, an oversized kitchen countertop, large windows, a spacious covered balcony, stainless steel appliances, updated flooring, and a Bosch dishwasher. An excellent opportunity for first-time buyers or investors to own in one of New Westminster's most vibrant and walkable neighborhoods, with shopping, dining, transit, and the waterfront all just moments away.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 540 sq ft
- parking
- 1
- year built
- 2006
- property tax
- $2,123 / yr
- strata fee
- $367 / mo ($0.68 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 111
- MLS®
- R3143986
features
- Elevator
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
- Stove
- Oven - Built-In
floor plans
found among the listing photos.
monthly cost
$2,387/mo
Mortgage $1,843 · Tax $177 · Strata $367
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
- $1,890/mo
- after all costs
- −$683/mo
- cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $1,843 · tax $177 · strata $367 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in New Westminster: CMHC's average there ($1,645) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 ↗
Rapid transit: New Westminster SkyTrain station, 200 m (about 4 min walk); Columbia SkyTrain station, 800 m (about 12 min walk).
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
300 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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