Welcome to Ovation in the heart of New Westminster. This oversized 1 bedroom + den home offers a bright, open-concept layout with generous living and dining space rarely found in newer condos. The large U-shaped kitchen provides excellent counter space and storage, while expansive windows fill the home with natural light and open to a private balcony with vibrant city views. Comfort is built in with heating and cooling included in the strata fees. Residents enjoy premium amenities including concierge service, a fully equipped gym, outdoor hot tub, BBQ area, multipurpose boardroom/media room, and an impressive top-floor lounge with kitchen. The 5th-floor podium garden and playground create a welcoming outdoor space. All just steps from SkyTrain, the waterfront, restaurants, and shops.
Property details
1
Beds
1 full
Baths
681 ft²
Floor area
2024
Year built
1
Storey
1
Parking
$508/mo
Strata fee
$2,780/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
Waterfront
City view
Balcony
Gym
Concierge
In-suite laundry
Building amenities
Meeting/Party Room
Gas included
Hot water incl.
Features & inclusions
Heating
Heat Pump
Cooling
Central Air
Parking
Garage Under Building
Interior features
Elevator
Laundry
In Unit
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
681 ft²
Tax year
2025
Listed by Oakwyn Realty Northwest. Data from BCRES. Last updated Jul 9, 2026, 2:40 PM.
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 $114,000 down (20%) on $570,000, 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 · 824 listings
Condo / Apartment
459
55.7%
Detached
209
25.4%
Townhouse
88
10.7%
Land
33
4.0%
Duplex
15
1.8%
Other
20
2.4%
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 · 1,625 dwellings
High-rise apartment1,560 · 96.0%
Row house55 · 3.4%
Apartment in duplex10 · 0.6%
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 #59153662· New Westminster· Transit 96/100 (181m to rapid)· 0.13 km²
Median rent here
$1,884
Owner shelter cost
$1,920
Renters
50.5%
30%+ on shelter
37.5%
Population (2021)
3,194
Median age
33.2
Avg household size
2.0
Avg household income
$92,900
Renters
50.5%
Owners
49.5%
Immigrants
42.9%
Post-secondary
70.1%
Avg home value
$585,000
Single status
40.6%
Not in labour force
24.6%
Households with kids
20.3%
Median rent
$1,884
Owner shelter cost
$1,920
30%+ on shelter
37.5%
Breakdown
Under $5,000
80
4.9%
$5,000 to $9,999
20
1.2%
$10,000 to $14,999
25
1.5%
$15,000 to $19,999
35
2.2%
$20,000 to $24,999
45
2.8%
$25,000 to $29,999
45
2.8%
$30,000 to $34,999
50
3.1%
$35,000 to $39,999
65
4.0%
$40,000 to $44,999
55
3.4%
$45,000 to $49,999
60
3.7%
$50,000 to $59,999
100
6.2%
$60,000 to $69,999
105
6.5%
$70,000 to $79,999
125
7.7%
$80,000 to $89,999
120
7.4%
$90,000 to $99,999
115
7.1%
$100,000 to $124,999
200
12.3%
$125,000 to $149,999
125
7.7%
$150,000 to $199,999
175
10.8%
$200,000 and over
80
4.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153662).
Market story
Rent in New Westminster
Census 2021 avg $1,884/mo here · Vancouver 1BR rent (est) 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
