Property Type: Condo / ApartmentOwnership: Strata

402 245 ROSS DRIVE

New Westminster, BC V3L0C6

$475,000

1 bed1 bath1 parking660 sqftBuilt 2008
Get Directions

Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$433/mo
Annual property tax
$2,330.38 (2025)

Interior

Heating
Electric
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location, Elevator

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
028-584-783

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3150979
Listed
July 29, 2026
Time on market
On the market for 33 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: RE/MAX All Points Realty · Data source: CREA DDF.

Description

Top floor, tall ceilings & a green outlook. This is an easy place to settle into. This move-in-ready 660 square ft 1 bed at The Grove has well-sized rooms, an open-concept kitchen & a dramatic 13' living-room vaulted ceiling that makes the home feel airy and spacious. No one lives above you. Step onto the balcony for a peaceful green exposure. Residents also enjoy access to the Boiler House, the complex´s impressive amenity building with a gym, theatre, games room, lounge, library, outdoor patio & basketball court. Includes 1 secure underground parking stall plus underground visitor parking. Bring your cat or dog (no size restriction). **OPEN HOUSE SUNDAY AUG 30TH 2:30-4:30** (id:63159)

Values & Trends

This listing

$720/sqft

Building average

$545/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

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

SchoolTypeDistance
Ecole Qayqayt ElementaryElementary784 m
PALS Autism Society (School Program)(Independent)K-12854 m
Herbert Spencer ElementaryElementary1.1 km
Ecole Glenbrook Middle SchoolMiddle1.1 km
Purpose Independent Secondary School(Independent)Secondary1.3 km
Skwo:wechElementary1.4 km
Al-Hidayah School(Independent)Elementary1.4 km
F W Howay ElementaryElementary1.6 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

StopTypeDistance
Northbound Ross Dr @ 200 Block33 m
Southbound Ross Dr @ 200 Block45 m
Westbound E Royal Ave @ Ross Dr78 m
Westbound E Royal Ave @ McBride Blvd188 m
Westbound E Columbia St @ McBride Blvd299 m

Nearby Places

Restaurants (2)

  • L'Onore Pizza · 28 East Royal Avenue118 m
  • Victoria Sushi · 15 East Royal Avenue122 m

Cafes (1)

  • Mira Caffe · 28 East Royal Avenue134 m

Parks (5+)

  • Victoria Hill Park59 m
  • Unnamed119 m
  • Woodlands Memorial Garden265 m
  • Glenbrook Ravine Park452 m
  • Unnamed473 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 15 East Royal Avenue113 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$659.89
Total monthly cost$3,111.52
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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.

Request more information