Property Type: Condo / ApartmentOwnership: Strata

504 25 RICHMOND STREET

New Westminster, BC V3L5P9

$649,900

2 bed2 bath1 parking1,416 sqftBuilt 1990
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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
$694/mo
Annual property tax
$3,307.92 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View

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®
R3157554
Listed
August 20, 2026
Time on market
On the market for 11 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Evergreen West Realty · Data source: CREA DDF.

Description

Welcome to this spacious top floor 2 bed/2 bath + loft/office condo offering stunning panoramic views of the Fraser River. The views are perfectly framed from the spacious balcony ideal for morning coffee, relaxing, or entertaining while enjoying the scenery. Located in New Westminster's desirable Fraserview community, this unit offers excellent convenience with easy access to buses, parks & shopping. The functional lay-out boasts a well maintained kitchen featuring newer stainless appliances which leads into a spacious dining room fit for large gatherings. The separate living room features vaulted ceilings letting in tons of natural light! This well-maintained, move-in ready home, also offers a separate laundry room/storage space. 1 Parking/1 Storage. Just a wonderful place to call home ! (id:63159)

Values & Trends

This listing

$459/sqft

Building average

No other active listings in this building

New Westminster average

$672/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

33

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 ElementaryElementary1.1 km
PALS Autism Society (School Program)(Independent)K-121.2 km
Skwo:wechElementary1.2 km
Ecole Glenbrook Middle SchoolMiddle1.3 km
Herbert Spencer ElementaryElementary1.4 km
Purpose Independent Secondary School(Independent)Secondary1.6 km
F W Howay ElementaryElementary1.7 km
Al-Hidayah School(Independent)Elementary1.7 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 Jamieson Court @ Richmond St54 m
Southbound E Columbia St @ Richmond St68 m
Southbound Richmond St @ Miner St262 m
Northbound Richmond St @ Miner St283 m
Westbound E Royal Ave @ Ross Dr346 m

Nearby Places

Restaurants (2)

  • L'Onore Pizza · 28 East Royal Avenue288 m
  • Victoria Sushi · 15 East Royal Avenue402 m

Cafes (2)

  • Mira Caffe · 28 East Royal Avenue267 m
  • Greens & Beans Deli · 143 East Columbia Street752 m

Parks (5+)

  • Unnamed100 m
  • Victoria Hill Park327 m
  • Unnamed474 m
  • Woodlands Memorial Garden509 m
  • Unnamed531 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 15 East Royal Avenue405 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$1,040.33
Total monthly cost$4,394.68
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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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