Property Type: Condo / ApartmentOwnership: Strata

1203 31 ELLIOT STREET

New Westminster, BC V3L5C9

$699,000

2 bed2 bath2 parking1,464 sqftBuilt 1974
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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
$1,055/mo
Annual property tax
$3,211.91 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2

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®
R3145283
Listed
July 11, 2026
Time on market
On the market for 52 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: The Partners Real Estate · Data source: CREA DDF.

Description

Spacious penthouse living with stunning 180-degree views in downtown New West! One of only 3 top floor units offering panoramic water, mountain and city views with sought-after north, east and southern exposure. Updated home features two balconies, engineered hardwood floors, upgraded stainless steel appliances and in-suite laundry. Spacious primary bedroom offers two large closets, while the second bedroom functions perfectly as a home office or guest room. Heat and hot water included in strata fees. Well-managed strata with major updates (2002-2026) such as: windows, balconies, roof, repiping, parking membrane and common areas. Steps to shops, parks, the Quay, schools, Yorkville University, and SkyTrain. Move in as-is, or bring your decorating ideas. (id:63159)

Values & Trends

This listing

$477/sqft

Building average

$575/sqft

1 active listing(s)

New Westminster average

$672/sqft

376 active listing(s)

Parking: 2 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

7/9 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
Ecole Qayqayt ElementaryElementary233 m
PALS Autism Society (School Program)(Independent)K-12409 m
Purpose Independent Secondary School(Independent)Secondary521 m
Al-Hidayah School(Independent)Elementary627 m
Fraser River MiddleMiddle1.1 km
Royal City Alternate ProgramSecondary1.2 km
Herbert Spencer ElementaryElementary1.4 km
Power Alternate Secondary SchoolSecondary1.5 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 Columbia St @ 200 Block110 m
Eastbound Agnes St @ Elliot St151 m
Eastbound Columbia St @ 200 Block162 m
Westbound Agnes St @ Elliot St174 m
Southbound 1st St @ Agnes St217 m

Nearby Places

Restaurants (5+)

  • Stefano's · 315 Columbia Street265 m
  • Taverna Greka · 326 Columbia Street294 m
  • Patsara · 528 Carnarvon Street554 m
  • Sushi Yen · 41 Sixth Street607 m
  • Pizza Heaven · 81 Sixth Street630 m

Cafes (5+)

  • Cocoaro · Victoria Street604 m
  • Chatime · 51 Sixth Street607 m
  • Coasters Coffee · Sixth Street609 m
  • Afterhours Cafe · 42 Sixth Street637 m
  • Moodswing · 655 Front Street745 m

Grocery (1)

  • Gastronomia Italia · 601 Columbia Street640 m

Parks (5+)

  • Albert Crescent Park86 m
  • Saint Mary's Park199 m
  • Tipperary Park490 m
  • Westminster Pier Park525 m
  • Unnamed795 m

Gyms (5+)

  • Sugarrays454 m
  • Sea2Sky Wellness Club · 428 Columbia Street468 m
  • Fit on 6th · 49 Sixth Street606 m
  • EZfit · 606 Victoria Street643 m
  • Vive la Vida705 m

Pharmacies (1)

  • Guardian · 424 Columbia Street453 m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 411 Columbia Street417 m
  • Manulife ATM452 m
  • Bitcoin ATM Localcoin · 15 East Royal Avenue713 m
  • Bitcoin ATM Coinsite · 663 Columbia Street750 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$1,395.39
Total monthly cost$5,003.16
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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