Property Type: Condo / ApartmentOwnership: Strata

108 45 FOURTH STREET

New Westminster, BC V3L5H7

$349,000

1 bed1 bath1 parking690 sqftBuilt 1978
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$430/mo
Annual property tax
$1,932.8 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3122633
Listed
May 12, 2026
Time on market
On the market for 111 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

Incredible opportunity! This oversized one-bedroom offers a rare mix of space and scenery. Conveniently located steps from Columbia SkyTrain and a short walk to Pier Park, River Market, and the Boardwalk. The functional layout features a massive bedroom and two versatile flex/storage rooms, and breathtaking Fraser River views to enjoy from your private balcony and bedroom! Recent updates include a gorgeous renovated bathroom, newer dishwasher, vinyl floors, and crisp white paint... the perfect blank canvas! The building also features updated roof (2015), and updated exterior paint. Whether you're a first-time buyer or savvy investor, this transit-oriented gem delivers incredible value. Experience the best of Downtown New West living, book your tour today! (id:63159)

Values & Trends

This listing

$506/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

15°C

Clear

Humidity 100%

Wind NW 5 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

70

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
Purpose Independent Secondary School(Independent)Secondary201 m
Al-Hidayah School(Independent)Elementary295 m
Ecole Qayqayt ElementaryElementary326 m
PALS Autism Society (School Program)(Independent)K-12375 m
Fraser River MiddleMiddle801 m
Royal City Alternate ProgramSecondary865 m
Power Alternate Secondary SchoolSecondary1.1 km
John Knox Christian - Secondary Campus(Independent)K-121.4 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
Columbia Station @ Bay 352 m
Columbia Station @ Platform 165 m
Columbia Station @ Platform 271 m
Columbia Station @ Bay 2102 m
Columbia Station @ Bay 1105 m

Nearby Places

Restaurants (5+)

  • Stefano's · 315 Columbia Street114 m
  • Taverna Greka · 326 Columbia Street134 m
  • Patsara · 528 Carnarvon Street202 m
  • Sushi Yen · 41 Sixth Street255 m
  • Pizzeria Ludica · 601 Carnarvon Street290 m

Cafes (5+)

  • Chatime · 51 Sixth Street258 m
  • Cocoaro · Victoria Street259 m
  • Coasters Coffee · Sixth Street260 m
  • Afterhours Cafe · 42 Sixth Street286 m
  • Moodswing · 655 Front Street408 m

Grocery (4)

  • Gastronomia Italia · 601 Columbia Street294 m
  • Mahtot East Africa Market · 218 Sixth Street654 m
  • Persian Baanou Supermarket · 222 Sixth Street663 m
  • Safeway · 800 Carnarvon Street667 m

Parks (5+)

  • Westminster Pier Park239 m
  • Saint Mary's Park338 m
  • Tipperary Park376 m
  • Albert Crescent Park436 m
  • Toronto Place Park658 m

Shopping (2)

  • River Market · 810 Quayside Drive715 m
  • Shops at New West730 m

Gyms (5+)

  • Sugarrays152 m
  • Sea2Sky Wellness Club · 428 Columbia Street153 m
  • Fit on 6th · 49 Sixth Street255 m
  • EZfit · 606 Victoria Street295 m
  • Vive la Vida357 m

Pharmacies (2)

  • Guardian · 424 Columbia Street142 m
  • Shoppers Drug Mart · 811 Columbia Street699 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 411 Columbia Street90 m
  • Manulife ATM120 m
  • Bitcoin ATM Coinsite · 663 Columbia Street402 m
  • Waves - Columbia - Bitcoin Well ATM · 715 Columbia Street496 m
  • Scotiabank506 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$626.07
Total monthly cost$2,427.37
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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