Property Type: Condo / ApartmentOwnership: Strata

1603 740 HAMILTON STREET

New Westminster, BC V3M5T7

$419,000

1 bed1 bath1 parking685 sqftBuilt 1974
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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
$497/mo
Annual property tax
$1,794.9 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Elevator

Building

Parcel ID (PID)
001-227-815

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3156877
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

BOSA built CONCRETE HIGHRISE "THE STATESMAN ". This one bed one bath BRIGHT home is almost 700SF and has been upgraded tastefully with SWEEPING VIEWS of the PARK and CITY. 1-2 blocks away from Lord Kelvin Elementary, New West Secondary, Massey Theatre, and Moody Park Arena. Approximately 15 minutes' walk to the Skytrain (Columbia or 22nd Stations). Conveniently located steps away from Royal City Center and trendy shopping/restaurants/services. Amenities include a complimentary LOUNGE/PARTY ROOM. Please note SHARED LAUNDRY and NO CATS//DOGS. One locker and one parking. Balcony has sliding panels to so can be enclosed or open. (id:63159)

Values & Trends

This listing

$612/sqft

Building average

$526/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

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

67

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 ElementaryElementary394 m
New Westminster SecondarySecondary462 m
SigmaSecondary476 m
Twelfth Avenue ElementaryElementary740 m
Our Lady of Mercy(Independent)Elementary762 m
St. Thomas More Collegiate(Independent)Secondary896 m
Herbert Spencer ElementaryElementary1.0 km
Royal City Alternate ProgramSecondary1.2 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 8th St @ 7th Ave55 m
Southbound 8th St @ 8th Ave92 m
Eastbound 8th Ave @ 8th St136 m
Southbound 8th St @ 7th Ave142 m
Westbound 8th Ave @ New Westminster Secondary164 m

Nearby Places

Restaurants (5+)

  • Ho Fung · 724 Sixth Street295 m
  • Hi Dozo Sushi · 702 Sixth Avenue322 m
  • Kinton Ramen330 m
  • Jokim Kitchen · 628 Sixth Avenue347 m
  • IHOP350 m

Cafes (5+)

  • Connections Café160 m
  • Starbucks223 m
  • Tim Hortons · 780 Sixth Street274 m
  • Gourmet Cup279 m
  • Anny's · 722 Sixth Street295 m

Grocery (2)

  • Save-On-Foods238 m
  • Gospa's Delightful Food · 718 Twelfth Street671 m

Parks (2)

  • Moody Park188 m
  • Mary Avenue Park761 m

Shopping (4)

  • Walmart226 m
  • Royal City Centre · 610 Sixth Street260 m
  • Winners265 m
  • Westminster Centre · 555 Sixth Street525 m

Gyms (5+)

  • Anytime Fitness241 m
  • The Dancing Cat Yoga Centre290 m
  • Club Pilates · 678 Sixth Street320 m
  • Sunset Pilates · 635 Sixth Street343 m
  • Planet Fitness535 m

Pharmacies (5+)

  • Shoppers Drug Mart298 m
  • Belmont Pharmacy · 609 Belmont Street433 m
  • Uptown Drugs Peoples Pharmacy472 m
  • Pharmasave · 625 Fifth Avenue486 m
  • London Drugs · 555 Sixth Street490 m

Banks & ATMs (5+)

  • Prospera Credit Union · 700 Sixth Street288 m
  • G&F Financial298 m
  • RBC Royal Bank · 626 Sixth Avenue342 m
  • BMO347 m
  • CIBC · 554 Sixth Street406 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Other Listings in This Building

Other units currently listed in the same building. 1603 740 HAMILTON STREET

View building profile →
Built 1974

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$335,200.00
Periodic payment — Principal & Interest (monthly)$2,162.60
Additional monthly expenses (strata, tax, utilities, etc.)$680.91
Total monthly cost$2,843.50
Interest paid over 5-yr term$96,069.28
Balance at end of term$301,513.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,060.87

Cash Needed at Closing

Minimum down payment$20,950
Estimated BC PTT$6,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,830

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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