Property Type: Condo / ApartmentOwnership: Strata

112 515 ELEVENTH STREET

New Westminster, BC V3M4G4

$340,000

0 bed1 bath1 parking422 sqftBuilt 1974
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$370/mo
Annual property tax
$1,256.83 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Parking

Total spaces
1

Listing Information

MLS®
R3140552
Listed
June 27, 2026
Time on market
On the market for 66 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Uptown in heart of New Westminster. Renovated studio condo at Magnolia Manor with in suite laundry, enclosed balcony, parking and storage locker! Laminated flooring with updated appliances, kitchen and bathroom. Functional layout with no wastage. Has gym, bike storage, sauna and games room. Hot water heat & hot water are included in monthly fee. Walk to uptown shops - Royal City Mall, Walmart, Douglas College, Library, schools, Moody Park. (id:63159)

Values & Trends

This listing

$806/sqft

Building average

$517/sqft

1 active listing(s)

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

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

48

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
Lord Kelvin ElementaryElementary378 m
John Knox Christian - Secondary Campus(Independent)K-12603 m
Royal City Alternate ProgramSecondary838 m
Fraser River MiddleMiddle909 m
Our Lady of Mercy(Independent)Elementary956 m
SigmaSecondary1.0 km
Power Alternate Secondary SchoolSecondary1.0 km
Lord Tweedsmuir ElementaryElementary1.1 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 @ 5th Ave158 m
Eastbound 6th Ave @ 12 St162 m
Southbound 12 St @ 6th Ave173 m
Westbound 6th Ave @ 10 St204 m
Southbound 12 St @ 5th Ave205 m

Nearby Places

Restaurants (5+)

  • Don Chepe's · 1122 Fifth Avenue159 m
  • Banchan Su · 1122 Fifth Avenue163 m
  • Sichuan Yummy Food · 441 Twelfth Street171 m
  • Indian Courtyard Restaurant · 609 Twelfth Street217 m
  • Shiok Canteen289 m

Cafes (5+)

  • Connections Café478 m
  • Starbucks589 m
  • Sago To Go · 813 Twelfth Street607 m
  • Happy Mom's Cafe · 821 Twelfth Street628 m
  • Lucy's Cafe & Bakery · 702 Sixth Avenue654 m

Grocery (2)

  • Gospa's Delightful Food · 718 Twelfth Street460 m
  • Save-On-Foods588 m

Parks (3)

  • Cornwall Park411 m
  • Moody Park458 m
  • Riverside Adventure Park509 m

Shopping (3)

  • Walmart568 m
  • Winners640 m
  • Royal City Centre · 610 Sixth Street671 m

Gyms (1)

  • Anytime Fitness522 m

Pharmacies (4)

  • Pharmasave · 625 Fifth Avenue694 m
  • Shoppers Drug Mart712 m
  • Belmont Pharmacy · 609 Belmont Street746 m
  • PharmaChoice · 866 Twelfth Street766 m

Banks & ATMs (3)

  • Community Savings Credit Union528 m
  • RBC Royal Bank · 626 Sixth Avenue700 m
  • BMO791 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Other Listings in This Building

Other units currently listed in the same building. 112 515 ELEVENTH STREET

View building profile →
Built 1974

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$272,000.00
Periodic payment — Principal & Interest (monthly)$1,754.85
Additional monthly expenses (strata, tax, utilities, etc.)$495.74
Total monthly cost$2,250.59
Interest paid over 5-yr term$77,955.98
Balance at end of term$244,664.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,483.76

Cash Needed at Closing

Minimum down payment$17,000
Estimated BC PTT$4,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,300

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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