COURT ORDERED SALE. Rare opportunity to purchase a 2-bedroom, 1-bath ground-level home in Hillside Place, ideally situated in the heart of downtown New Westminster. Enjoy an unbeatable location just steps to SkyTrain, Douglas College, shops, restaurants, Pier Park, the River Market and the Quay. This well-established building offers secured underground parking, elevator access and is close to all urban amenities. Property is being sold as is and buyers are advised to verify all information and satisfy themselves with respect to the condition and features of the property. Excellent opportunity for investors, renovators or buyers looking to add value.
Property details
2
Beds
1 full
Baths
891 ft²
Floor area
1993
Year built
1
Storey
1
Parking
$649/mo
Strata fee
$2,300/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
New Westminster
Area
Downtown NW
Sub-area
Basement
None
Structure
Multi Family
Property highlights
In-suite laundry
Underground parking
Building amenities
Hot water incl.
Features & inclusions
Heating
Baseboard, Electric
Parking
Garage Under Building
Interior features
Elevator
Laundry
In Unit
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
891 ft²
Tax year
2025
Listed by Royal LePage Sussex. Data from BCRES. Last updated Jul 9, 2026, 11:57 AM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $83,800 down (20%) on $419,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 820 listings
Condo / Apartment
453
55.2%
Detached
237
28.9%
Townhouse
74
9.0%
Land
23
2.8%
Duplex
14
1.7%
Other
19
2.3%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · New Westminster · 730 dwellings
High-rise apartment565 · 77.4%
Low-rise apartment150 · 20.5%
Row house10 · 1.4%
Single-detached5 · 0.7%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152833· New Westminster· Transit 97/100 (146m to rapid)· 0.03 km²
Median rent here
$1,575
Owner shelter cost
$1,560
Renters
81.8%
30%+ on shelter
42.5%
Population (2021)
1,178
Median age
33.2
Avg household size
1.6
Avg household income
$77,400
Renters
81.8%
Owners
18.2%
Immigrants
36.0%
Post-secondary
75.1%
Avg home value
$410,000
Single status
38.5%
Not in labour force
17.4%
Households with kids
13.6%
Median rent
$1,575
Owner shelter cost
$1,560
30%+ on shelter
42.5%
Breakdown
Under $5,000
20
2.7%
$5,000 to $9,999
10
1.4%
$10,000 to $14,999
5
0.7%
$15,000 to $19,999
15
2.0%
$20,000 to $24,999
25
3.4%
$25,000 to $29,999
20
2.7%
$30,000 to $34,999
40
5.4%
$35,000 to $39,999
35
4.8%
$40,000 to $44,999
45
6.1%
$45,000 to $49,999
35
4.8%
$50,000 to $59,999
75
10.2%
$60,000 to $69,999
65
8.8%
$70,000 to $79,999
60
8.2%
$80,000 to $89,999
50
6.8%
$90,000 to $99,999
55
7.5%
$100,000 to $124,999
80
10.9%
$125,000 to $149,999
55
7.5%
$150,000 to $199,999
30
4.1%
$200,000 and over
15
2.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152833).
Market story
Rent in New Westminster
Census 2021 avg $1,575/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
