401 78 RICHMOND STREET
New Westminster, BC V3L5T2
$738,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $703/mo
- Annual property tax
- $3,115.89 (2025)
Interior
- Heating
- Electric, Natural gas
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed with restrictions
- Age / occupancy
- Adult-oriented (no young children)
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3121239
- Listed
- May 8, 2026
- Time on market
- On the market for 115 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Masters Realty · Data source: CREA DDF.
Description
GROUND FLOOR UNIT! Welcome to Governors Court in the heart of New Westminster´s Fraserview. This beautiful unit offers over 1400 SQ.FT of bright, spacious, and elegant living, dining, and bedroom spaces. Breathtaking river-views from all front facing rooms, as well as two large balconies/patios. Two bedrooms, two full bath rooms, gas fireplace + fully renovated kitchen & bathroom in primary bedroom. Meticulously maintained gardens offering a private and serene environment. Amenities include visitor parking, guest suite, and spacious underground storage + parking. Situated on a quiet street just moments away dining, shopping, transit and more! (id:63159)
Values & Trends
This listing
$521/sqft
Building average
—
No other active listings in this building
New Westminster average
$672/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
33
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
| School | Type | Distance |
|---|---|---|
| Skwo:wech | Elementary | 860 m |
| Ecole Glenbrook Middle School | Middle | 1.1 km |
| Herbert Spencer Elementary | Elementary | 1.3 km |
| Ecole Qayqayt Elementary | Elementary | 1.4 km |
| F W Howay Elementary | Elementary | 1.4 km |
| PALS Autism Society (School Program)(Independent) | K-12 | 1.5 km |
| Urban Academy Junior(Independent) | Elementary | 1.5 km |
| Urban Academy Senior(Independent) | K-12 | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Northbound Richmond St @ Miner St | — | 116 m |
| Eastbound Cumberland St @ Miner St | — | 123 m |
| Southbound Richmond St @ Miner St | — | 147 m |
| Westbound Cumberland St @ Sapper St | — | 151 m |
| Southbound Richmond St @ Seymour Court | — | 206 m |
Nearby Places
Restaurants (4)
- L'Onore Pizza · 28 East Royal Avenue591 m
- Steve's Poké Bar · 237 Nelson's Crescent627 m
- Noodlebox · 289 Nelson's Court656 m
- Victoria Sushi · 15 East Royal Avenue702 m
Cafes (5+)
- Greens & Beans Deli · 143 East Columbia Street414 m
- Take Five Cafe · 202 East Columbia Street549 m
- Mira Caffe · 28 East Royal Avenue574 m
- Corner Cafe680 m
- Unnamed740 m
Grocery (1)
- Save-On-Foods · 270 East Columbia Street580 m
Parks (5+)
- Unnamed349 m
- Unnamed363 m
- Glenbrook Ravine Park453 m
- Woodlands Memorial Garden584 m
- Victoria Hill Park600 m
Gyms (1)
- Snap Fitness698 m
Pharmacies (2)
- Shoppers Drug Mart644 m
- Pure Integrative Pharmacy · 301 East Columbia Street730 m
Banks & ATMs (1)
- Bitcoin ATM Localcoin · 15 East Royal Avenue699 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.6% ($48,800) — 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.