Property Type: Condo / ApartmentOwnership: Strata

402 265 ROSS DRIVE

New Westminster, BC V3L0C8

$594,900

1 bed1 bath1 parking801 sqftBuilt 2011
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$534/mo
Annual property tax
$2,784.24 (2025)

Interior

Heating
Baseboard heaters, Electric
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®
R3133292
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Beautiful top-floor 1-bed + large den in The Grove at Victoria Hill with vaulted ceilings in living room and bedroom - a rare feature that creates an airy, elevated feel. This 801 sq. ft. offers exceptional custom storage with premium California Closets built-ins. Enjoy a green outlook toward Queen´s Park, large patio, spacious kitchen ideal for entertaining, and a bright, quiet setting. The den works well as an office or storage, and the spacious bathroom has a separate shower and bathtub. Features include updated appliances, laminate bedroom flooring, 1 parking stall with a bike rack, and 1 locker. Ideal for buyers with hobbies, gear, sports equipment, or anyone who values a beautifully organized home. Steps to parks, transit, cafés, restaurants, amenities and amazing gym. (id:63159)

Values & Trends

This listing

$743/sqft

Building average

$750/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

Partly Cloudy

14°C

Partly Cloudy

Humidity 100%

Wind ESE 12 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

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 ElementaryElementary810 m
PALS Autism Society (School Program)(Independent)K-12862 m
Herbert Spencer ElementaryElementary999 m
Ecole Glenbrook Middle SchoolMiddle1.0 km
Skwo:wechElementary1.3 km
Purpose Independent Secondary School(Independent)Secondary1.3 km
Al-Hidayah School(Independent)Elementary1.4 km
F W Howay ElementaryElementary1.5 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 Ross Dr @ 200 Block85 m
Southbound Ross Dr @ 200 Block116 m
Westbound E Royal Ave @ Ross Dr170 m
Westbound Queens Park Care Centre @ Blackberry Dr219 m
Westbound E Royal Ave @ McBride Blvd274 m

Nearby Places

Restaurants (2)

  • L'Onore Pizza · 28 East Royal Avenue200 m
  • Victoria Sushi · 15 East Royal Avenue211 m

Cafes (1)

  • Mira Caffe · 28 East Royal Avenue211 m

Parks (5+)

  • Unnamed72 m
  • Victoria Hill Park143 m
  • Woodlands Memorial Garden173 m
  • Glenbrook Ravine Park370 m
  • Queen's Park446 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 15 East Royal Avenue201 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$475,920.00
Periodic payment — Principal & Interest (monthly)$3,070.47
Additional monthly expenses (strata, tax, utilities, etc.)$805.67
Total monthly cost$3,876.14
Interest paid over 5-yr term$136,400.04
Balance at end of term$428,091.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,309.36

Cash Needed at Closing

Minimum down payment$34,490
Estimated BC PTT$9,898
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,888

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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