Property Type: Condo / ApartmentOwnership: Strata

402 55 TENTH STREET

New Westminster, BC V3M6R5

$399,900

1 bed1 bath1 parking544 sqftBuilt 1993
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$305/mo
Annual property tax
$1,793.61 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

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®
R3102236
Listed
March 23, 2026
Time on market
On the market for 161 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Welcome to The Westminster Towers, the heart of New West Downtown, steps away from Shops, Restaurants, SkyTrain, Douglas College, The Quay, and more. Bright, North/West facing one bedroom suite on the quiet side of the building, functional kitchen, large overise windows, laminated and tile floors. Pet and rental friendly building, secure parking, and beautifully landscaped courtyard. (id:63159)

Values & Trends

This listing

$735/sqft

Building average

$624/sqft

2 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

81

8/9 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 SchoolSecondary270 m
Fraser River MiddleMiddle383 m
Royal City Alternate ProgramSecondary424 m
Al-Hidayah School(Independent)Elementary632 m
John Knox Christian - Secondary Campus(Independent)K-12713 m
Purpose Independent Secondary School(Independent)Secondary733 m
PALS Autism Society (School Program)(Independent)K-121.0 km
Ecole Qayqayt ElementaryElementary1.1 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
Eastbound Carnarvon St @ Quayside Dr43 m
New Westminster Station @ Bay 1087 m
Westbound Columbia St @ 10 St91 m
New Westminster Station @ Bay 7153 m
New Westminster Station @ Bay 8169 m

Nearby Places

Restaurants (5+)

  • The Tannenbaum Restaurant · 66 Tenth Street48 m
  • Burger Heaven · 77 Tenth Street57 m
  • Cockney Kings86 m
  • Pho Angkor · 78 Tenth Street114 m
  • Plato Filipino126 m

Cafes (5+)

  • Serious Coffee46 m
  • Gong Cha55 m
  • Starbucks112 m
  • Fuel Hut135 m
  • Starbucks195 m

Grocery (5+)

  • Save-On-Foods · 1025 Columbia Street214 m
  • Safeway · 800 Carnarvon Street224 m
  • Gastronomia Italia · 601 Columbia Street595 m
  • Mahtot East Africa Market · 218 Sixth Street784 m
  • Persian Baanou Supermarket · 222 Sixth Street791 m

Parks (5+)

  • Columbia St Sq Park309 m
  • Simcoe Park313 m
  • Toronto Place Park372 m
  • Westminster Pier Park769 m
  • Cornwall Park779 m

Shopping (2)

  • Shops at New West159 m
  • River Market · 810 Quayside Drive304 m

Gyms (5+)

  • Dynamic Health and Fitness111 m
  • Oxygen Yoga · 1065 Columbia Street243 m
  • Strong Side Conditioning · 739 Carnarvon Street302 m
  • Ava Fitness · 735 Carnarvon Street334 m
  • Chris Johnson Fitness Centre335 m

Pharmacies (4)

  • Imperial Pharmacy · 981 Carnarvon Street41 m
  • Pharmasave114 m
  • Shoppers Drug Mart · 811 Columbia Street218 m
  • Guardian · 424 Columbia Street793 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 71 Tenth Street32 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street53 m
  • BMO58 m
  • TD79 m
  • H&R Block190 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$481.47
Total monthly cost$2,545.48
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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