Property Type: Condo / ApartmentOwnership: Strata

209 240 SALTER STREET

New Westminster, BC V3M0C1

$659,000

2 bed2 bath1 parking1,080 sqftBuilt 2009
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$510/mo
Annual property tax
$3,277.36 (2025)

Interior

Heating
Electric
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Lot features
Elevator

Building

Parcel ID (PID)
027-488-799

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3156912
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 30, 2026

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

Description

Welcome to Regatta! This spacious corner unit 2-bedroom, 2-bathroom condo offers peaceful riverside living along the Fraser River. Thoughtfully designed with high ceilings and an open-concept layout, the home features a desirable split-bedroom floor plan, double walk-in closets, and in-suite storage/flex space. Enjoy stylish finishes, AIR CONDITIONING, and an abundance of natural light that create a bright, inviting atmosphere throughout. Conveniently located with easy access to shopping, scenic walking paths, the local ferry, and public transit. Includes 1 secure PARKING stall. Photos are virtually staged. Call today to book your private showing! OPEN HOUSE - Saturday, August 29th (2PM-4PM) (id:63159)

Values & Trends

This listing

$610/sqft

Building average

$636/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

15

2/9 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 SchoolSecondary952 m
John Knox Christian - Secondary Campus(Independent)K-121.1 km
Queensborough Middle SchoolElementary/Middle1.4 km
Royal City Alternate ProgramSecondary1.4 km
Fraser River MiddleMiddle1.4 km
Queen Elizabeth ElementaryElementary1.6 km
Al-Hidayah School(Independent)Elementary1.7 km
Purpose Independent Secondary School(Independent)Secondary1.8 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 Furness St @ Ewen Ave300 m
Northbound Boyd St @ Ewen Ave670 m
Westbound Ewen Ave @ Derwent Way709 m
Eastbound Ewen Ave @ Johnston St762 m
Eastbound Duncan St @ Stanley St791 m

Nearby Places

Restaurants (1)

  • Rozzini's · 211 Ewen Avenue329 m

Parks (3)

  • Red Boat Park220 m
  • Port Royal Park245 m
  • Old Schoolhouse Park732 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,200.00
Periodic payment — Principal & Interest (monthly)$3,401.32
Additional monthly expenses (strata, tax, utilities, etc.)$836.64
Total monthly cost$4,237.96
Interest paid over 5-yr term$151,097.04
Balance at end of term$474,218.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,752.97

Cash Needed at Closing

Minimum down payment$40,900
Estimated BC PTT$11,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,580

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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