ABSOLUTELY THE BEST PRICED 2 BEDROOM & 2 BATHROOM CONDO IN ALL OF NEW WESTMINSTER!! Spacious and private 861sf corner unit featuring a bright and open floor plan w/a large living room for your entertaining!! NEWLY PAINTED!! The unit features a huge covered wrap around balcony w/SW exposure overlooking Fraser River, New West Quay. Well maintained building with updated roof, boilers, elevators, parking membrane, full re-piping of entire building. Amenities include heated outdoor pool w/updated deck membrane, recreation/exercise room, bike room, lush garden common areas!! Walkable to Skytrain, Quay Boardwalk, Shopping, Douglas College. Shared laundry facilities. 1 parking stall, 1 storage locker included. Pets not permitted. New elementary school coming to New West!! Brand New Costco nearby!!
Property details
2
Beds
2 full
Baths
861 ft²
Floor area
1984
Year built
1
Storey
1
Parking
$704/mo
Strata fee
$2,169/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
New Westminster
Area
Uptown NW
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Balcony
Gym
Pool
Storage locker
Bike storage
Building amenities
Hot water incl.
Features & inclusions
Appliances
Dishwasher, Refrigerator, Stove, Microwave
Heating
Baseboard, Electric
Parking
Underground, Lane Access, Rear Access, Garage Door Opener
Lot
Central Location, Marina Nearby, Recreation Nearby
Interior features
Elevator, Storage
Laundry
Common Area
Community
Shopping Nearby
Additional details
Common interest
Condominium
Main floor (ground)
861 ft²
Tax year
2025
Listed by Oakwyn Realty Ltd.. Data from BCRES. Last updated Jul 2, 2026, 11:48 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 $77,980 down (20%) on $389,900, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 847 listings
Condo / Apartment
492
58.1%
Detached
201
23.7%
Townhouse
101
11.9%
Duplex
17
2.0%
Land
16
1.9%
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 · 380 dwellings
High-rise apartment340 · 89.5%
Row house25 · 6.6%
Single-detached15 · 3.9%
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 #59153661· New Westminster· Transit 91/100 (426m to rapid)· 0.09 km²
Median rent here
$1,720
Owner shelter cost
$1,780
Renters
22.5%
30%+ on shelter
26.6%
Population (2021)
839
Median age
38.4
Avg household size
2.1
Avg household income
$100,000
Renters
22.5%
Owners
77.5%
Immigrants
41.9%
Post-secondary
75.7%
Avg home value
$532,000
Single status
28.1%
Not in labour force
24.3%
Households with kids
25.6%
Median rent
$1,720
Owner shelter cost
$1,780
30%+ on shelter
26.6%
Breakdown
Under $5,000
5
1.3%
$15,000 to $19,999
10
2.7%
$20,000 to $24,999
10
2.7%
$25,000 to $29,999
10
2.7%
$30,000 to $34,999
10
2.7%
$35,000 to $39,999
10
2.7%
$40,000 to $44,999
15
4.0%
$45,000 to $49,999
10
2.7%
$50,000 to $59,999
30
8.0%
$60,000 to $69,999
30
8.0%
$70,000 to $79,999
25
6.7%
$80,000 to $89,999
25
6.7%
$90,000 to $99,999
25
6.7%
$100,000 to $124,999
50
13.3%
$125,000 to $149,999
50
13.3%
$150,000 to $199,999
40
10.7%
$200,000 and over
20
5.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153661).
Market story
Rent in New Westminster
Census 2021 avg $1,720/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
