A Beautiful FRASERVIEW 2-bed, 2.5-bath townhome at Governors Court! One of the community’s largest layouts, featuring vaulted ceilings, 4 skylights, and incredible natural light. The main level includes a spacious kitchen with granite counter tops, a bright family room with gas fireplace, and a balcony overlooking the Fraser River. Formal living/dining easily accommodates full-size furniture. The lower level offers a generous primary suite with soaker tub and walk-in shower, plus a second bedroom with its own ensuite. The upper loft works perfectly as a third bedroom and includes a private balcony . Double side-by-side garage, 2 extra parking pads, updated boiler, and heat pump. Pet-friendly. Minutes to RCH, Brewery District, SkyTrain, and transit. OPEN HOUSE: SAT, JULY 11 FROM 3PM TO 5PM
Property details
2
Beds
2 full + 1 half
Baths
2,284 ft²
Floor area
1994
Year built
2
Storeys
4
Parking
$780/mo
Strata fee
$4,251/yr
Gross tax
Location & structure
Townhouse
Type
Finished
Basement
Yes
Garage
No
Carport
1
Fireplace
New Westminster
Area
Fraserview NW
Sub-area
Basement
Finished
Structure
Residential Attached
Property highlights
Balcony
In-suite laundry
High ceilings
Fireplace
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Hot Water, Radiant
Parking
Garage Double
Lot
Central Location, Recreation Nearby
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
Two
Main floor (ground)
1,038 ft²
Tax year
2025
Listed by Stonehaus Realty Corp.. Data from BCRES. Last updated Jul 7, 2026, 11:28 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 $174,980 down (20%) on $874,900, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 718 listings
Condo / Apartment
431
60.0%
Detached
187
26.0%
Townhouse
53
7.4%
Land
21
2.9%
Duplex
11
1.5%
Other
15
2.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · New Westminster · 355 dwellings
Low-rise apartment215 · 60.6%
Row house105 · 29.6%
Single-detached25 · 7.0%
Semi-detached5 · 1.4%
Apartment in duplex5 · 1.4%
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 #59152963· New Westminster· Transit 80/100 (1024m to rapid)· 0.28 km²
Median rent here
$1,398
Owner shelter cost
$730
Renters
45.3%
30%+ on shelter
25.4%
Population (2021)
588
Median age
65.0
Avg household size
1.7
Avg household income
$88,000
Renters
45.3%
Owners
100.0%
Immigrants
35.2%
Post-secondary
63.5%
Avg home value
$680,000
Single status
19.8%
Not in labour force
63.5%
Households with kids
11.6%
Median rent
$1,398
Owner shelter cost
$730
30%+ on shelter
25.4%
Breakdown
$5,000 to $9,999
5
1.5%
$20,000 to $24,999
20
6.0%
$25,000 to $29,999
10
3.0%
$30,000 to $34,999
10
3.0%
$35,000 to $39,999
10
3.0%
$40,000 to $44,999
20
6.0%
$45,000 to $49,999
10
3.0%
$50,000 to $59,999
30
9.0%
$60,000 to $69,999
25
7.5%
$70,000 to $79,999
20
6.0%
$80,000 to $89,999
20
6.0%
$90,000 to $99,999
15
4.5%
$100,000 to $124,999
45
13.4%
$125,000 to $149,999
30
9.0%
$150,000 to $199,999
40
11.9%
$200,000 and over
25
7.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152963).
Market story
Rent in New Westminster
Census 2021 avg $1,398/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
