Property Type: Detached HouseOwnership: Freehold

1282 RAMA AVENUE

New Westminster, BC V3M6T5

$1,488,900

5 bed3 bath6 parking2,282 sqftBuilt 1996
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
4,551 square feet
Frontage
49.2 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,572.17 (2025)

Interior

Heating
Radiant heat, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3140870
Listed
June 29, 2026
Time on market
On the market for 63 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Latitude Realty Inc. · Data source: CREA DDF.

Description

Spacious 2-level family home in a desirable New Westminster neighbourhood. This South-East facing residence features 5 bedrooms and 2.5 bathrooms, high ceilings, and abundant natural light throughout. The primary bedroom offers a generous walk-in closet and a spa-inspired ensuite with a jetted bathtub. Enjoy a private fenced yard, perfect for children, pets, and entertaining. Conveniently located near Queensborough Outlet, Walmart, Starlight Casino, parks, community centres, and scenic waterfront trails. Minutes to Komagata Maru dock (Port Royal) for Q to Q Ferry which provides service between Quayside and Queensborough. School catchment: Queen Elizabeth Elementary (3-min dr), Queensborough Middle (4-min dr), New Westminster Secondary (20-min dr), Douglas College (10-min dr). (id:63159)

Values & Trends

This listing

$652/sqft

Building average

No other active listings in this building

New Westminster average

$733/sqft

146 active listing(s)

Parking: 6 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.

Detached (House) Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,384,300

Jul 2026

Average Sale Price

$1,457,269

Jul 2026

Monthly Sales

13

Jul 2026

Active Listings

161

Jul 2026

Sales-to-Active Ratio

8.0%

Jul 2026

Median Days to Contract

18 days

Jul 2026

MLS® HPI Benchmark Price

$1,650,000
$1,376,300
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

26

5/9 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
Queen Elizabeth ElementaryElementary742 m
Queensborough Middle SchoolElementary/Middle996 m
Hamilton ElementaryElementary1.2 km
Connaught Heights ElementaryElementary2.6 km
Brooke ElementaryElementary2.6 km
Lord Tweedsmuir ElementaryElementary2.9 km
Annieville ElementaryElementary3.1 km
John Knox Christian - Secondary Campus(Independent)K-123.1 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
Eastbound Ewen Ave @ Hume St483 m
Eastbound Ewen Ave @ Gifford St486 m
Westbound Ewen Ave @ Gifford St496 m
Westbound Ewen Ave @ Hume St522 m
Westbound Ewen Ave @ Jardine St557 m

Nearby Places

Restaurants (1)

  • Lucky Sushi · 1102 Ewen Avenue573 m

Parks (4)

  • Riverfront Trail158 m
  • Riverfront Park Trail236 m
  • Thompson's Landing Park488 m
  • Hamilton Highway Park777 m

Gyms (1)

  • Anytime Fitness · 1110 Ewen Avenue530 m

Pharmacies (1)

  • Queensborough Community Pharmacy · 1028 Ewen Avenue632 m

Banks & ATMs (2)

  • Bitcoin ATM Localcoin · 1102 Ewen Avenue575 m
  • Unnamed798 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($123,890) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,191,120.00
Periodic payment — Principal & Interest (monthly)$7,684.70
Additional monthly expenses (strata, tax, utilities, etc.)$661.68
Total monthly cost$8,346.38
Interest paid over 5-yr term$341,378.42
Balance at end of term$1,071,416.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$123,890
Stress test qualifying rate8.09%
Payment you must qualify for$10,496.45

Cash Needed at Closing

Minimum down payment$123,890
Estimated BC PTT$27,778
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,168

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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