Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

505 534 SIXTH STREET

New Westminster, BC V3L5K7

$399,000

1 bed1 bath1 parking938 sqftBuilt 1983
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$554/mo
Annual property tax
$2,033.62 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Elevator

Building

Parcel ID (PID)
015-226-573

Parking

Total spaces
1

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®
R3159821
Listed
August 29, 2026
Time on market
On the market for 2 days
Tax assessment year
2025
Data last synced
August 30, 2026

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

Description

Location! Heart of New Westminster commercial center with all the shopping just right under the building or cross the street, 5th floor in this Concrete building and only 5 units total in this level, Facing South East this huge 938 Sqft with OPEN Concept Kitchen alarge bathroom, 1 parking side by side and 1 locker on same level(5th floor) which is rare and convenient . Building has Rooftop playground with great view , party room with Ping-Pong and pool table and guest suite. Steps away are a supermarket, convenience store, coffee shop , retail storesand restaurents. Royal City Mall cross the street. Close to Douglas college and moody park. (id:63159)

Values & Trends

This listing

$425/sqft

Building average

$433/sqft

1 active listing(s)

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

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

78

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
New Westminster SecondarySecondary682 m
Herbert Spencer ElementaryElementary708 m
Lord Kelvin ElementaryElementary751 m
SigmaSecondary852 m
Royal City Alternate ProgramSecondary926 m
Fraser River MiddleMiddle963 m
PALS Autism Society (School Program)(Independent)K-121.0 km
Ecole Glenbrook Middle SchoolMiddle1.1 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
Westbound 6th Ave @ 6th St77 m
Eastbound 6th Ave @ 6th St84 m
Southbound 6th St @ Princess St109 m
Northbound 6th St @ 5th Ave111 m
Northbound 6th St @ 6th Ave124 m

Nearby Places

Restaurants (5+)

  • Sushi Well · 538 Sixth Street10 m
  • Sanjo Sushi · 546 Sixth Street26 m
  • Yianni's Greek Taverna · 543 Sixth Street45 m
  • The Chopped Leaf · 531 6th Street51 m
  • Pho Ace · 522 Sixth Avenue66 m

Cafes (5+)

  • Tim Hortons · 524 Belmont Street25 m
  • Chaiiwala of London · 607 Belmont Street40 m
  • Starbucks44 m
  • Waves Coffee House · 599 Sixth Street54 m
  • Flavour Balance Espresso Bar · 619 Belmont Street80 m

Grocery (4)

  • Save-On-Foods252 m
  • Fruiticana · 331 Sixth Street421 m
  • Persian Baanou Supermarket · 222 Sixth Street678 m
  • Mahtot East Africa Market · 218 Sixth Street688 m

Parks (3)

  • Moody Park538 m
  • Sullivan Park705 m
  • Cornwall Park796 m

Shopping (4)

  • Westminster Centre · 555 Sixth Street83 m
  • Royal City Centre · 610 Sixth Street188 m
  • Winners199 m
  • Walmart276 m

Gyms (5+)

  • Planet Fitness95 m
  • Club Pilates · 678 Sixth Street196 m
  • Sunset Pilates · 635 Sixth Street216 m
  • The Dancing Cat Yoga Centre298 m
  • Anytime Fitness309 m

Pharmacies (5+)

  • London Drugs · 555 Sixth Street53 m
  • Belmont Pharmacy · 609 Belmont Street58 m
  • Uptown Drugs Peoples Pharmacy101 m
  • Shoppers Drug Mart145 m
  • Pharmasave · 625 Fifth Avenue157 m

Banks & ATMs (5+)

  • TD32 m
  • CIBC · 554 Sixth Street49 m
  • Bitcoiniacs Bitcoin ATM60 m
  • Scotiabank · 601 Sixth Street83 m
  • Vancity96 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$770.47
Total monthly cost$2,829.84
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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