Property Type: Condo / ApartmentOwnership: Strata

201 7 RIALTO COURT

New Westminster, BC V3M7A8

$689,900

2 bed2 bath1 parking1,004 sqftBuilt 2006
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Style
2 Level

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$3,015.53 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location, Elevator

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
026-345-633

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3158196
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

Welcome to Murano Lofts! Experience luxury waterfront living in Quayside with this stunning 1,004 sq ft, 2 bed, 2 bath loft-style home just steps from the boardwalk. Soaring 16.5' ceilings and floor-to-ceiling windows fill the home with natural light. The open-concept main level features a beautiful kitchen with stainless steel appliances, dining and living areas, a gas fireplace included in strata fees, balcony, and a bedroom. Freshly painted throughout and move-in ready. Upstairs, the large primary bedroom offers an oversized walk-in closet and a private loft-like retreat. Includes 1 parking, plus access to a dog park, gym and guest suite. Walk to River Market, SkyTrain, shops, dining and more. A luxurious urban retreat in one of New Westminster's most desirable waterfront communities! (id:63159)

Values & Trends

This listing

$687/sqft

Building average

No other active listings in this building

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

37

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
John Knox Christian - Secondary Campus(Independent)K-12300 m
Power Alternate Secondary SchoolSecondary470 m
Royal City Alternate ProgramSecondary762 m
Fraser River MiddleMiddle801 m
Lord Kelvin ElementaryElementary1.2 km
Al-Hidayah School(Independent)Elementary1.4 km
Lord Tweedsmuir ElementaryElementary1.4 km
Purpose Independent Secondary School(Independent)Secondary1.5 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
Northbound Renaissance Square @ Quayside Dr70 m
Eastbound Quayside Dr @ Laguna Court216 m
Southbound 12 St @ Queens Ave265 m
Northbound 12 St @ Queens Ave279 m
Southbound 12 St @ 3rd Ave329 m

Nearby Places

Restaurants (5+)

  • Dan's Diner406 m
  • Boston Pizza533 m
  • DeDutch566 m
  • Rozzini's · 211 Ewen Avenue623 m
  • Pho Angkor · 78 Tenth Street634 m

Cafes (4)

  • Living Tree Foods · 1025 Royal Avenue506 m
  • Starbucks631 m
  • Serious Coffee748 m
  • Gong Cha755 m

Grocery (1)

  • Save-On-Foods · 1025 Columbia Street535 m

Parks (5+)

  • Columbia St Sq Park430 m
  • Port Royal Park597 m
  • Cornwall Park666 m
  • Simcoe Park759 m
  • Riverside Adventure Park772 m

Gyms (2)

  • 4Seven BJJ · 131 Eleventh Street406 m
  • Oxygen Yoga · 1065 Columbia Street497 m

Pharmacies (2)

  • Pharmasave625 m
  • Imperial Pharmacy · 981 Carnarvon Street779 m

Banks & ATMs (4)

  • TD663 m
  • BMO682 m
  • Bitcoin ATM Localcoin · 71 Tenth Street723 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street763 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,920.00
Periodic payment — Principal & Interest (monthly)$3,560.80
Additional monthly expenses (strata, tax, utilities, etc.)$301.29
Total monthly cost$3,862.09
Interest paid over 5-yr term$158,181.86
Balance at end of term$496,453.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,966.82

Cash Needed at Closing

Minimum down payment$43,990
Estimated BC PTT$11,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,288

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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