ASSIGNMENT OF CONTRACT. WELCOME TO THE KEARLY IN THE HEEART OF THE VIBRANT BREWERY DISTRICT ! THIS IS ONE OF THE BEST STUDIO + 1 BATH LAYOUT OFFERING MODERN KITCHEN FEATURES INCLUDING SLEEK TWO-TUNE CABINETRY, QUARTZ COUNTERTOPS, FULGOR APPLIANCES, GAS COOKTOP. A CONTEMPORARY BATHROOM WITH SOAKER TUB, VANITY MEDICINE CABINETS, AND BONUS LINEN CLOSET WITH AMLE STORAGE. ENJOY PREMIUM AMENITIES INCLUDING FITNESS CENTRE, YOGA STUDIO, INDOOR LOUNGE WITH KITCHEN, OUTDOOR BBQ, GUEST SUITE, PARCEL STORAGE, AND CONCIERGE SERVICE. UNBEATABLE LOCATION WITH DIRECT SKYTRAIN ACCESS AND STEPS TO SHOPS, RESTAURANTS AND ROYAL COLUMBIAN HOSPITAL. ESTIMATED COMPLETION LATE 2026 TO EARLY 2027. MOTIVATED SELLER WILL PROVIDE FURNITURE ALLOWANCE FOR POTENTIAL BUYERS.
Property details
1
Beds
1 full
Baths
408 ft²
Floor area
2026
Year built
1
Storey
$1/mo
Strata fee
Location & structure
Apartment/Condo
Type
None
Basement
No
Carport
New Westminster
Area
Sapperton
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Balcony
Gym
Concierge
In-suite laundry
Meeting/Party Room
Guest suite
Building amenities
Caretaker
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Baseboard
Cooling
Central Air, Air Conditioning
Parking
Guest
Lot
Central Location, Recreation Nearby
Interior features
Elevator
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
408 ft²
Tax year
2026
Listed by RE/MAX City Realty. Data from BCRES. Last updated Jul 2, 2026, 3:32 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 $89,998 down (20%) on $449,990, 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 · 765 listings
Condo / Apartment
455
59.5%
Detached
190
24.8%
Townhouse
61
8.0%
Duplex
20
2.6%
Half-duplex
13
1.7%
Other
26
3.4%
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 · 785 dwellings
High-rise apartment520 · 66.2%
Apartment in duplex90 · 11.5%
Low-rise apartment65 · 8.3%
Single-detached60 · 7.6%
Semi-detached30 · 3.8%
Row house20 · 2.5%
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 #59152878· New Westminster· Transit 92/100 (397m to rapid)· 1.14 km²
Median rent here
$2,060
Owner shelter cost
$1,920
Renters
51.5%
30%+ on shelter
30.4%
Population (2021)
1,649
Median age
32.8
Avg household size
2.1
Avg household income
$110,000
Renters
51.5%
Owners
48.5%
Immigrants
36.4%
Post-secondary
74.3%
Avg home value
$756,000
Single status
31.2%
Not in labour force
20.2%
Households with kids
20.3%
Median rent
$2,060
Owner shelter cost
$1,920
30%+ on shelter
30.4%
Breakdown
Under $5,000
10
1.3%
$10,000 to $14,999
10
1.3%
$15,000 to $19,999
10
1.3%
$20,000 to $24,999
15
1.9%
$25,000 to $29,999
20
2.5%
$30,000 to $34,999
15
1.9%
$35,000 to $39,999
15
1.9%
$40,000 to $44,999
20
2.5%
$45,000 to $49,999
25
3.1%
$50,000 to $59,999
55
6.9%
$60,000 to $69,999
60
7.5%
$70,000 to $79,999
45
5.6%
$80,000 to $89,999
65
8.1%
$90,000 to $99,999
65
8.1%
$100,000 to $124,999
130
16.3%
$125,000 to $149,999
70
8.8%
$150,000 to $199,999
110
13.8%
$200,000 and over
60
7.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152878).
Market story
Rent in New Westminster
Census 2021 avg $2,060/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
