Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

105 225 MOWAT STREET

New Westminster, BC V3M4B1

$435,000

2 bed1 bath1 parking872 sqftBuilt 1983
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$658/mo
Annual property tax
$2,366.17 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

Lot features
Central location, Elevator

Building

Parcel ID (PID)
002-214-636

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3159188
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

OPEN SAT AUG 29, 2-4. Welcome to this updated & above-ground floor 2 bed/1 bath home! Enjoy a long list of updates including an updated kitchen with new cabinetry & shelving, countertops, backsplash & stainless steel appliances; A renovated bath with new tile floor, vanity, toilet & walk in shower; Stylish details throughout such as new flooring, light fixtures, smoothed ceilings & crown moulding. The spacious living & dining area is filled with natural light & room to entertain! Two large bedrooms sit side by side. Enjoy convenient in suite laundry, 1 secured parking & 1 storage as well as Heat & Hot water included in your strata fee! Pro-active building with a newer roof & elevator refurbishment paid for! Conveniently located between downtown & uptown so you can walk to Skytrain, Shopping, Quay & more! (id:63159)

Values & Trends

This listing

$499/sqft

Building average

No other active listings in this building

New Westminster average

$672/sqft

376 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$582,400

Jul 2026

Average Sale Price

$573,877

Jul 2026

Monthly Sales

61

Jul 2026

Active Listings

387

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

35 days

Jul 2026

MLS® HPI Benchmark Price

$671,100
$561,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

78,916

(2021 Census)

+11.2% since 2016

Density: 5,052.2/km²

Dwellings: 37,737

Median household income: $82,000

After-tax: $72,500

Immigrant population: 37.5%

Top countries of origin (% of total population)

  • Philippines6.4% · 5,050
  • India4% · 3,135
  • China3.6% · 2,880
  • United Kingdom1.6% · 1,285
  • Hong Kong1.6% · 1,250
  • Korea, South1.4% · 1,085
  • United States of America1% · 785
  • Taiwan0.9% · 725

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Royal City Alternate ProgramSecondary281 m
John Knox Christian - Secondary Campus(Independent)K-12301 m
Fraser River MiddleMiddle347 m
Power Alternate Secondary SchoolSecondary450 m
Lord Kelvin ElementaryElementary972 m
Al-Hidayah School(Independent)Elementary1.0 km
Purpose Independent Secondary School(Independent)Secondary1.1 km
PALS Autism Society (School Program)(Independent)K-121.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound 12 St @ Queens Ave273 m
Southbound 12 St @ 3rd Ave278 m
Northbound 12 St @ 3rd Ave283 m
Southbound 12 St @ Queens Ave287 m
Southbound 8th St @ 3rd Ave350 m

Nearby Places

Restaurants (5+)

  • Dan's Diner243 m
  • Boston Pizza460 m
  • Pho Angkor · 78 Tenth Street461 m
  • DeDutch481 m
  • Cockney Kings487 m

Cafes (5+)

  • Living Tree Foods · 1025 Royal Avenue352 m
  • Starbucks520 m
  • Rong Rong Tea House · 748 Agnes Street583 m
  • Lower Cafeteria598 m
  • Serious Coffee601 m

Grocery (5+)

  • Save-On-Foods · 1025 Columbia Street397 m
  • Mahtot East Africa Market · 218 Sixth Street685 m
  • Persian Baanou Supermarket · 222 Sixth Street685 m
  • Safeway · 800 Carnarvon Street722 m
  • Fruiticana · 331 Sixth Street754 m

Parks (4)

  • Cornwall Park224 m
  • Simcoe Park350 m
  • Columbia St Sq Park413 m
  • Toronto Place Park494 m

Shopping (1)

  • Shops at New West680 m

Gyms (5+)

  • 4Seven BJJ · 131 Eleventh Street236 m
  • Oxygen Yoga · 1065 Columbia Street416 m
  • Chris Johnson Fitness Centre583 m
  • Dynamic Health and Fitness641 m
  • Strong Side Conditioning · 739 Carnarvon Street695 m

Pharmacies (4)

  • Pharmasave487 m
  • Imperial Pharmacy · 981 Carnarvon Street586 m
  • Shoppers Drug Mart · 811 Columbia Street742 m
  • Pharmasave · 625 Fifth Avenue796 m

Banks & ATMs (5+)

  • BMO514 m
  • Bitcoin ATM Localcoin · 71 Tenth Street530 m
  • TD532 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street612 m
  • H&R Block686 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$348,000.00
Periodic payment — Principal & Interest (monthly)$2,245.18
Additional monthly expenses (strata, tax, utilities, etc.)$899.44
Total monthly cost$3,144.62
Interest paid over 5-yr term$99,737.80
Balance at end of term$313,027.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,177.75

Cash Needed at Closing

Minimum down payment$21,750
Estimated BC PTT$6,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,950

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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