Property Type: Condo / ApartmentOwnership: Strata

414 262 SALTER STREET

New Westminster, BC V3M0J6

$849,999

3 bed3 bath2 parking1,494 sqftBuilt 2016
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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
$726/mo
Annual property tax
$4,189.44 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage, 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®
R3115365
Listed
April 24, 2026
Time on market
On the market for 130 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: The Agency White Rock · Data source: CREA DDF.

Description

This is a home you´ll never want to leave! This 3-bed, 3-bath loft-style residence offers 1,494 sqft over two levels with a bright, open layout, high ceilings, spiral staircase, cozy fireplace, and brick feature wall. The kitchen features high-end appliances, incl. a built-in coffee maker, and flows into the spacious living and dining areas. Two bedrooms on the main, incl a primary with a spa-inspired 5-piece ensuite and NuHeat floors. Upstairs offers a versatile loft with added privacy and access to a private rooftop patio; perfect for relaxing or entertaining. Ample in-suite storage, sep. locker, and 2 underground parking. Ideal for professionals, families, or those working from home. Located in desirable Queensborough, close to shops, restaurants, and everyday conveniences. View today! (id:63159)

Values & Trends

This listing

$569/sqft

Building average

No other active listings in this building

New Westminster average

$671/sqft

376 active listing(s)

Parking: 2 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

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 SchoolSecondary1.1 km
Queensborough Middle SchoolElementary/Middle1.2 km
John Knox Christian - Secondary Campus(Independent)K-121.3 km
Queen Elizabeth ElementaryElementary1.5 km
Royal City Alternate ProgramSecondary1.6 km
Fraser River MiddleMiddle1.6 km
Al-Hidayah School(Independent)Elementary1.9 km
Lord Tweedsmuir ElementaryElementary1.9 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 Ave363 m
Northbound Boyd St @ Ewen Ave550 m
Westbound Ewen Ave @ Derwent Way577 m
Eastbound Ewen Ave @ Johnston St622 m
Westbound Ewen Ave @ Fenton St729 m

Nearby Places

Restaurants (2)

  • Rozzini's · 211 Ewen Avenue374 m
  • Epic Grill Silogs · 538 Ewen Avenue734 m

Parks (3)

  • Red Boat Park201 m
  • Port Royal Park407 m
  • Old Schoolhouse Park584 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,999.00
Periodic payment — Principal & Interest (monthly)$4,387.12
Additional monthly expenses (strata, tax, utilities, etc.)$1,150.05
Total monthly cost$5,537.17
Interest paid over 5-yr term$194,889.67
Balance at end of term$611,661.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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