PRICED TO SELL! Welcome to The Fifth Avenue in the heart of Uptown New Westminster! This spacious 2-bedroom, 2-bathroom home offers 1286 sq. ft. of comfortable living space and is ideally situated on the second floor with two covered balconies overlooking the beautifully landscaped garden courtyard. The oversized primary bedroom features a walk-in closet and a private ensuite, while the functional floor plan provides generous room sizes throughout. Residents enjoy fantastic amenities, including a gym, sauna, outdoor swimming pool, and party room. This home also includes 2 parking stalls and a storage locker. Conveniently located close to shopping, restaurants, parks, and transit. No pets allowed.
Listed by RE/MAX All Points Realty. Data from BCRES. Last updated Jul 9, 2026, 7:01 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.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $95,800 down (20%) on $479,000, 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 · 925 listings
Condo / Apartment
554
59.9%
Detached
210
22.7%
Townhouse
97
10.5%
Duplex
21
2.3%
Half-duplex
20
2.2%
Other
23
2.5%
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 · 390 dwellings
Low-rise apartment170 · 43.6%
High-rise apartment105 · 26.9%
Single-detached85 · 21.8%
Apartment in duplex30 · 7.7%
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 #59152859· New Westminster· Transit 92/100 (416m to rapid)· 0.15 km²
Median rent here
$1,280
Owner shelter cost
$1,150
Renters
42.9%
30%+ on shelter
28.9%
Population (2021)
720
Median age
47.6
Avg household size
1.8
Avg household income
$94,000
Renters
42.9%
Owners
57.1%
Immigrants
30.6%
Post-secondary
70.0%
Avg home value
$850,000
Single status
28.7%
Not in labour force
40.0%
Households with kids
17.9%
Median rent
$1,280
Owner shelter cost
$1,150
30%+ on shelter
28.9%
Breakdown
Under $5,000
10
2.5%
$15,000 to $19,999
10
2.5%
$20,000 to $24,999
20
5.1%
$25,000 to $29,999
20
5.1%
$30,000 to $34,999
10
2.5%
$35,000 to $39,999
30
7.6%
$40,000 to $44,999
20
5.1%
$45,000 to $49,999
15
3.8%
$50,000 to $59,999
40
10.1%
$60,000 to $69,999
35
8.9%
$70,000 to $79,999
25
6.3%
$80,000 to $89,999
30
7.6%
$90,000 to $99,999
10
2.5%
$100,000 to $124,999
35
8.9%
$125,000 to $149,999
25
6.3%
$150,000 to $199,999
30
7.6%
$200,000 and over
30
7.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152859).
Market story
Rent in New Westminster
Census 2021 avg $1,280/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
