207 240 FRANCIS WAY
New Westminster, BC V3L0E5
$459,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $440/mo
- Annual property tax
- $2,304.2 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Visitor Parking
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®
- R3098407
- Listed
- March 10, 2026
- Time on market
- On the market for 174 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.
Description
Located in the highly desirable Victoria Hill community, this 1 bed 1 bath unit in The Grove is in excellent condition and features a spacious, practical layout with a large bedroom and well-sized walk-in closet. A functional kitchen with SS appliances and granite countertops makes cooking easy. The unit overlooks some greenery with a generous sized balcony providing a peaceful retreat. In addition to access to the community's Boiler House Amenity Centre, residents are just minutes from Queen's Park, Glenbrook Ravine Park, the nearby aquatic and community centre, and local shopping. With easy access to major routes and just minutes from Columbia SkyTrain Station, this home offers stress-free commuting and city living. The unit comes with 1 parking and ready to move in. (id:63159)
Values & Trends
This listing
$675/sqft
Building average
—
No other active listings in this building
New Westminster average
$671/sqft
376 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
44
4/9 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
| School | Type | Distance |
|---|---|---|
| Ecole Qayqayt Elementary | Elementary | 848 m |
| PALS Autism Society (School Program)(Independent) | K-12 | 920 m |
| Herbert Spencer Elementary | Elementary | 1.1 km |
| Ecole Glenbrook Middle School | Middle | 1.1 km |
| Skwo:wech | Elementary | 1.3 km |
| Purpose Independent Secondary School(Independent) | Secondary | 1.4 km |
| Al-Hidayah School(Independent) | Elementary | 1.5 km |
| F W Howay Elementary | Elementary | 1.6 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
| Stop | Type | Distance |
|---|---|---|
| Westbound E Royal Ave @ Ross Dr | — | 96 m |
| Northbound Ross Dr @ 200 Block | — | 96 m |
| Southbound Ross Dr @ 200 Block | — | 109 m |
| Westbound E Royal Ave @ McBride Blvd | — | 227 m |
| Northbound Jamieson Court @ Richmond St | — | 268 m |
Nearby Places
Restaurants (2)
- L'Onore Pizza · 28 East Royal Avenue99 m
- Victoria Sushi · 15 East Royal Avenue160 m
Cafes (1)
- Mira Caffe · 28 East Royal Avenue105 m
Parks (5+)
- Victoria Hill Park58 m
- Unnamed164 m
- Woodlands Memorial Garden267 m
- Unnamed413 m
- Glenbrook Ravine Park425 m
Banks & ATMs (1)
- Bitcoin ATM Localcoin · 15 East Royal Avenue154 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.