Property Type: Condo / ApartmentOwnership: Strata

106 1240 QUAYSIDE DRIVE

New Westminster, BC V3M6H1

$539,000

1 bed1 bath1 parking956 sqftBuilt 1989
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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
$530/mo
Annual property tax
$2,513.66 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

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®
R3142614
Listed
July 3, 2026
Time on market
On the market for 59 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX All Points Realty · Data source: CREA DDF.

Description

A large one bedroom with over 950 square feet can only be found at Tiffany Shores. Mostly in original condition but extremely well maintained. Gas fireplace in living room. Kitchen offers plenty of cupboards and counterspace. Large laundry room with plenty of extra storage for all those household items. The main bath also acts as an ensuite. This great home comes with one parking stall and one storage locker located on the same floor as the condo. Large 14' by 6' patio off primary bedroom and living room. Close to Boardwalk, Skytrain, transportation, shopping and entertainment. 2 small pets allowed (not exceed 10 kg (22 lbs) and its height is no more than 30 cm (12 inches) at the shoulder. OPEN HOUSE SATURDAY AUGUST 1, 12 TO 2 PM (id:63159)

Values & Trends

This listing

$564/sqft

Building average

No other active listings in this building

New Westminster average

$671/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

59

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
Power Alternate Secondary SchoolSecondary186 m
John Knox Christian - Secondary Campus(Independent)K-12513 m
Royal City Alternate ProgramSecondary644 m
Fraser River MiddleMiddle650 m
Al-Hidayah School(Independent)Elementary1.1 km
Purpose Independent Secondary School(Independent)Secondary1.2 km
PALS Autism Society (School Program)(Independent)K-121.4 km
Lord Kelvin ElementaryElementary1.5 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
Westbound Quayside Dr @ 1200 Block26 m
Eastbound Quayside Dr @ Laguna Court175 m
Eastbound Quayside Dr @ Reliance Court185 m
Westbound Columbia St @ Royal Ave192 m
Westbound Quayside Dr @ Reliance Court214 m

Nearby Places

Restaurants (5+)

  • Boston Pizza241 m
  • DeDutch263 m
  • Dan's Diner330 m
  • Pho Angkor · 78 Tenth Street353 m
  • Cockney Kings368 m

Cafes (5+)

  • Living Tree Foods · 1025 Royal Avenue294 m
  • Starbucks316 m
  • Serious Coffee421 m
  • Gong Cha425 m
  • Craft Cafe · 960 Quayside Drive540 m

Grocery (2)

  • Save-On-Foods · 1025 Columbia Street287 m
  • Safeway · 800 Carnarvon Street644 m

Parks (5+)

  • Columbia St Sq Park187 m
  • Port Royal Park532 m
  • Simcoe Park585 m
  • Toronto Place Park722 m
  • Cornwall Park776 m

Shopping (2)

  • Shops at New West578 m
  • River Market · 810 Quayside Drive677 m

Gyms (5+)

  • Oxygen Yoga · 1065 Columbia Street237 m
  • 4Seven BJJ · 131 Eleventh Street337 m
  • Dynamic Health and Fitness532 m
  • Strong Side Conditioning · 739 Carnarvon Street727 m
  • Chris Johnson Fitness Centre729 m

Pharmacies (3)

  • Pharmasave328 m
  • Imperial Pharmacy · 981 Carnarvon Street467 m
  • Shoppers Drug Mart · 811 Columbia Street627 m

Banks & ATMs (5+)

  • TD349 m
  • BMO381 m
  • Bitcoin ATM Localcoin · 71 Tenth Street424 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street434 m
  • H&R Block613 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,200.00
Periodic payment — Principal & Interest (monthly)$2,781.96
Additional monthly expenses (strata, tax, utilities, etc.)$787.37
Total monthly cost$3,569.33
Interest paid over 5-yr term$123,583.16
Balance at end of term$387,865.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,922.49

Cash Needed at Closing

Minimum down payment$28,900
Estimated BC PTT$8,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,180

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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