Property Type: Condo / ApartmentOwnership: Strata

1811 988 QUAYSIDE DRIVE

New Westminster, BC V3M0L5

$715,000

2 bed2 bath1 parking890 sqftBuilt 2019
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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
$629/mo
Annual property tax
$3,434.48 (2025)

Interior

Heating
Baseboard heaters
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
1

Restrictions & Policies

Pets
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®
R3125006
Listed
May 19, 2026
Time on market
On the market for 104 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

First time on the market! With 270 degree stunning fraser river & city views, this 2 bdrm/2 bathroom SE corner unit in the Bosa Riversky tower 2 building is in the heart of downtown New Westminster, featuring open-concept living space with unobstructed water views, floor-to-ceiling windows with roll shade blinds, bright & spacious, quartz counters, laminate flooring throughout, ss appliances, gas stove, and a big walk-in laundry room with lots of storage space. amenities include: gym, yoga studio, the Riversky club with a fireside lounge with full kitchen & large screen tv, rooftop terrace, fire pit & bbq area. 8 min walking distance to skytrain, movie theatres, Quay market, Boardwalk & shopping. a true NW downtown living without compromise. 1 parking and 1 locker. OH Aug 1, 2-4pm, Aug 2, 1-3pm (id:63159)

Values & Trends

This listing

$803/sqft

Building average

$805/sqft

9 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

85

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
Power Alternate Secondary SchoolSecondary450 m
Al-Hidayah School(Independent)Elementary555 m
Fraser River MiddleMiddle580 m
Royal City Alternate ProgramSecondary632 m
Purpose Independent Secondary School(Independent)Secondary663 m
John Knox Christian - Secondary Campus(Independent)K-12928 m
PALS Autism Society (School Program)(Independent)K-121.1 km
Ecole Qayqayt 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
New Westminster Station @ Unloading Only136 m
New Westminster Station @ Bay 3140 m
New Westminster Station @ Bay 4144 m
New Westminster Station @ Bay 5163 m
New Westminster Station @ Bay 2175 m

Nearby Places

Restaurants (5+)

  • The Boathouse · 900 Quayside Drive21 m
  • Las Shilas Mexican Street Food Vancouver · 906 Quayside Drive25 m
  • Longtail Kitchen123 m
  • RE-UP BBQ · 810 Quayside Drive125 m
  • Angelina's Dutch Corner · Quayside Drive149 m

Cafes (5+)

  • Craft Cafe · 960 Quayside Drive28 m
  • Ninja Bubble Tea155 m
  • Starbucks168 m
  • Fuel Hut175 m
  • Gong Cha182 m

Grocery (3)

  • Safeway · 800 Carnarvon Street194 m
  • Save-On-Foods · 1025 Columbia Street427 m
  • Gastronomia Italia · 601 Columbia Street540 m

Parks (4)

  • Columbia St Sq Park498 m
  • Simcoe Park517 m
  • Toronto Place Park523 m
  • Westminster Pier Park679 m

Shopping (2)

  • River Market · 810 Quayside Drive130 m
  • Shops at New West165 m

Gyms (5+)

  • Dynamic Health and Fitness173 m
  • Strong Side Conditioning · 739 Carnarvon Street330 m
  • Heart & Soul Fitness · 708 Clarkson Street352 m
  • Ava Fitness · 735 Carnarvon Street355 m
  • Oxygen Yoga · 1065 Columbia Street442 m

Pharmacies (4)

  • Shoppers Drug Mart · 811 Columbia Street149 m
  • Imperial Pharmacy · 981 Carnarvon Street208 m
  • Pharmasave321 m
  • Guardian · 424 Columbia Street729 m

Banks & ATMs (5+)

  • Bitcoin ATM Coinsite · 900 Carnarvon Street179 m
  • H&R Block196 m
  • CIBC · 800 Carnarvon Street205 m
  • HoneyBadger Bitcoin ATM252 m
  • Bitcoin ATM Localcoin · 71 Tenth Street260 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Other Listings in This Building

Other units currently listed in the same building. 1811 988 QUAYSIDE DRIVE

View building profile →
Built 2019

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$572,000.00
Periodic payment — Principal & Interest (monthly)$3,690.35
Additional monthly expenses (strata, tax, utilities, etc.)$960.44
Total monthly cost$4,650.79
Interest paid over 5-yr term$163,936.84
Balance at end of term$514,515.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,140.53

Cash Needed at Closing

Minimum down payment$46,500
Estimated BC PTT$12,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,300

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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