Property Type: Condo / ApartmentOwnership: Strata

506 215 TWELFTH STREET

New Westminster, BC V3M4H4

$549,000

2 bed2 bath1 parking918 sqftBuilt 1997
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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
$500/mo
Annual property tax
$2,758.05 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
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®
R3148757
Listed
July 22, 2026
Time on market
On the market for 41 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Top-floor living at its finest in the highly sought-after Discovery Reach by Bosa! This 2 bedroom, 2 full bathroom home offers an open-concept layout with a stylish kitchen featuring white cabinetry, stainless steel appliances, breakfast bar and seamless flow into the spacious living and dining areas with a cozy gas fireplace. Enjoy your large private balcony. Updates include flooring, paint and light fixtures throughout. Well-managed, pet-friendly building with recent improvements including flat roofs (2024), building membrane (2020), and sloped roofs and balconies (2013). Includes a secure parking stall and 1 storage locker. Ideally located just steps to SkyTrain, parks, shopping, breweries, restaurants and the vibrant Quay. (id:63159)

Values & Trends

This listing

$598/sqft

Building average

No other active listings in this building

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

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

59

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
John Knox Christian - Secondary Campus(Independent)K-12113 m
Power Alternate Secondary SchoolSecondary383 m
Royal City Alternate ProgramSecondary486 m
Fraser River MiddleMiddle537 m
Lord Kelvin ElementaryElementary1.1 km
Al-Hidayah School(Independent)Elementary1.2 km
Purpose Independent Secondary School(Independent)Secondary1.3 km
PALS Autism Society (School Program)(Independent)K-121.4 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 12 St @ Queens Ave53 m
Southbound 12 St @ Queens Ave60 m
Southbound 12 St @ 3rd Ave117 m
Northbound 12 St @ 3rd Ave177 m
Northbound Renaissance Square @ Quayside Dr274 m

Nearby Places

Restaurants (5+)

  • Dan's Diner193 m
  • Boston Pizza426 m
  • DeDutch458 m
  • Pho Angkor · 78 Tenth Street486 m
  • Cockney Kings514 m

Cafes (5+)

  • Living Tree Foods · 1025 Royal Avenue343 m
  • Starbucks517 m
  • Serious Coffee626 m
  • Gong Cha636 m
  • Rong Rong Tea House · 748 Agnes Street706 m

Grocery (1)

  • Save-On-Foods · 1025 Columbia Street389 m

Parks (5+)

  • Columbia St Sq Park334 m
  • Cornwall Park384 m
  • Simcoe Park511 m
  • Toronto Place Park673 m
  • Riverside Adventure Park766 m

Shopping (1)

  • Shops at New West749 m

Gyms (4)

  • 4Seven BJJ · 131 Eleventh Street188 m
  • Oxygen Yoga · 1065 Columbia Street377 m
  • Dynamic Health and Fitness703 m
  • Chris Johnson Fitness Centre740 m

Pharmacies (2)

  • Pharmasave495 m
  • Imperial Pharmacy · 981 Carnarvon Street635 m

Banks & ATMs (5+)

  • TD542 m
  • BMO543 m
  • Bitcoin ATM Localcoin · 71 Tenth Street574 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street641 m
  • H&R Block768 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$776.30
Total monthly cost$3,609.87
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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