Property Type: Condo / ApartmentOwnership: Strata

1405 612 FIFTH AVENUE

New Westminster, BC V3M1X5

$557,000

1 bed1 bath1 parking1,142 sqftBuilt 1990
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$633/mo
Annual property tax
$2,592.23 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3138522
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

This is what it feels like when everything is done right. Set high on the 14th floor of New Westminster´s best-kept secret, The Fifth Avenue, this fully reimagined 1,142 sf home impresses at every turn. Scandinavian design meets professional craftsmanship. Fully transformed kitchen & bathroom, featuring Caesarstone counters, luxurious soaker tub, Riobel fixtures, Italian porcelain tiles & Mohawk flooring throughout. A unique flex space adapts to your life - office, guest room, or dining room - you decide. Cohesive. Refined. All with professional trades, permits & strata approval. Big windows frame mountain & river 270° views, or take it all in from your covered balcony. Beyond your door: private park-like grounds, pool, generous common spaces & the energy of vibrant Uptown. (id:63159)

Values & Trends

This listing

$488/sqft

Building average

$413/sqft

2 active listing(s)

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

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

78

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
Royal City Alternate ProgramSecondary757 m
Lord Kelvin ElementaryElementary789 m
Fraser River MiddleMiddle791 m
Herbert Spencer ElementaryElementary801 m
New Westminster SecondarySecondary849 m
PALS Autism Society (School Program)(Independent)K-12907 m
SigmaSecondary997 m
John Knox Christian - Secondary Campus(Independent)K-121.0 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
Southbound 6th St @ 5th Ave61 m
Northbound 6th St @ 5th Ave95 m
Northbound 6th St @ 4th Ave184 m
Westbound 6th Ave @ 6th St235 m
Southbound 6th St @ 4th Ave245 m

Nearby Places

Restaurants (5+)

  • Saigon Ivy · 520 Sixth Street94 m
  • 4 Seasons Chaat House · 420 Sixth Street122 m
  • Massawa Restaurant · 418 Sixth Street134 m
  • Artusi · 412 6th Street142 m
  • Sixth Street Grill · 413 Sixth Street144 m

Cafes (5+)

  • Jim's Cafe · 518 6th Street89 m
  • Flavour Balance Espresso Bar · 619 Belmont Street139 m
  • Chaiiwala of London · 607 Belmont Street140 m
  • Tim Hortons · 524 Belmont Street149 m
  • Starbucks162 m

Grocery (4)

  • Fruiticana · 331 Sixth Street268 m
  • Save-On-Foods322 m
  • Persian Baanou Supermarket · 222 Sixth Street516 m
  • Mahtot East Africa Market · 218 Sixth Street526 m

Parks (3)

  • Moody Park598 m
  • Sullivan Park645 m
  • Cornwall Park670 m

Shopping (4)

  • Westminster Centre · 555 Sixth Street160 m
  • Winners288 m
  • Royal City Centre · 610 Sixth Street298 m
  • Walmart340 m

Gyms (5+)

  • Planet Fitness129 m
  • Anytime Fitness354 m
  • Club Pilates · 678 Sixth Street364 m
  • Sunset Pilates · 635 Sixth Street388 m
  • The Dancing Cat Yoga Centre465 m

Pharmacies (5+)

  • Pharmasave · 625 Fifth Avenue72 m
  • Belmont Pharmacy · 609 Belmont Street138 m
  • London Drugs · 555 Sixth Street179 m
  • Uptown Drugs Peoples Pharmacy257 m
  • Shoppers Drug Mart273 m

Banks & ATMs (5+)

  • Vancity106 m
  • Vancity112 m
  • TD190 m
  • RBC Royal Bank · 626 Sixth Avenue219 m
  • CIBC · 554 Sixth Street220 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$445,600.00
Periodic payment — Principal & Interest (monthly)$2,874.86
Additional monthly expenses (strata, tax, utilities, etc.)$905.87
Total monthly cost$3,780.73
Interest paid over 5-yr term$127,710.24
Balance at end of term$400,818.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,700
Stress test qualifying rate8.09%
Payment you must qualify for$4,047.06

Cash Needed at Closing

Minimum down payment$30,700
Estimated BC PTT$9,140
Legal / closing costs (typical estimate)$1,500
Total cash needed$41,340

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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