Welcome to Light House Lofts by Aragon! This is NOT your generic shoebox condo. If you want a luxurious & sleek space, come visit this 3rd floor unit in the sought-after Port Royal community. A stunning 1 bed, 1 bath loft offers 606 sq. ft. of bright, open living with airy 10-ft ceilings, a reclaimed brick feature wall, electric fireplace, smart Mysa thermostats, engineered hardwood floors, full wall-tiled spa bathroom with heated floors, built-in soft close cabinets in closets & premium oversized Monogram appliances. Unit includes 1 secure underground parking & 1 storage locker. Amenities include a fitness centre, clubhouse, courtyard, & BBQ area. Steps to riverfront boardwalk & Q2Q Ferry for easy access to downtown New West & minutes to shopping, dining, Starbucks, Walmart, & Hwy 91.
Property details
1
Beds
1 full
Baths
606 ft²
Floor area
2020
Year built
1
Storey
1
Parking
$328/mo
Strata fee
$2,335/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
1
Fireplace
New Westminster
Area
Queensborough
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Gym
In-suite laundry
Underground parking
Meeting/Party Room
Storage locker
Bike storage
Building amenities
Caretaker
Gas included
Hot water incl.
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Baseboard, Electric
Parking
Underground, Front Access
Interior features
Elevator, Storage
Laundry
In Unit
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
606 ft²
Tax year
2025
Listed by Team 3000 Realty Ltd.. Data from BCRES. Last updated Jul 8, 2026, 6:05 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 $103,800 down (20%) on $519,000, 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 · 681 listings
Condo / Apartment
362
53.2%
Detached
184
27.0%
Townhouse
71
10.4%
Land
34
5.0%
Duplex
11
1.6%
Other
19
2.8%
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 · 1,250 dwellings
Low-rise apartment850 · 68.0%
Single-detached185 · 14.8%
Row house180 · 14.4%
High-rise apartment15 · 1.2%
Semi-detached10 · 0.8%
Apartment in duplex10 · 0.8%
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 #59154066· New Westminster· Transit 73/100 (1369m to rapid)· 0.94 km²
Median rent here
$2,030
Owner shelter cost
$2,400
Renters
28.8%
30%+ on shelter
26.8%
Population (2021)
2,839
Median age
38.8
Avg household size
2.3
Avg household income
$147,600
Renters
28.8%
Owners
71.2%
Immigrants
37.1%
Post-secondary
70.0%
Avg home value
$838,000
Single status
19.5%
Not in labour force
20.9%
Households with kids
32.4%
Median rent
$2,030
Owner shelter cost
$2,400
30%+ on shelter
26.8%
Breakdown
Under $5,000
20
1.6%
$5,000 to $9,999
5
0.4%
$10,000 to $14,999
5
0.4%
$15,000 to $19,999
15
1.2%
$20,000 to $24,999
15
1.2%
$25,000 to $29,999
20
1.6%
$30,000 to $34,999
15
1.2%
$35,000 to $39,999
35
2.8%
$40,000 to $44,999
20
1.6%
$45,000 to $49,999
30
2.4%
$50,000 to $59,999
35
2.8%
$60,000 to $69,999
60
4.8%
$70,000 to $79,999
60
4.8%
$80,000 to $89,999
70
5.6%
$90,000 to $99,999
90
7.1%
$100,000 to $124,999
175
13.9%
$125,000 to $149,999
170
13.5%
$150,000 to $199,999
235
18.7%
$200,000 and over
185
14.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59154066).
Market story
Rent in New Westminster
Census 2021 avg $2,030/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
