Property Type: TownhouseOwnership: Strata

7 221 ASH STREET

New Westminster, BC V3M3M5

$500,000

1 bed1 bath1 parking800 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$339/mo
Annual property tax
$2,431.2 (2025)

Interior

Heating
Baseboard heaters, Natural gas, Hot Water

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3149149
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Offering Penny Lane Ground Floor Large one bedroom & den townhome is now available. Ideal for First Time Home Buyers, those looking to downsize, anyone looking for a larger one bedroom layout with extra space to work from home, & those multiple dogs families wanting a home that suits their needs. Enjoy the large patio space when the days call for it. Once you enter this home, you'll notice the large living space comparable to other one bedroom homes. Living room has feature gas fireplace with surrounding built in cabinets/shelving. Open Kitchen with updated appliances & built in storage. Large bedroom with electric black out blinds. Large den perfect for WFHers. Great Walk scores, close to parks, shops, schools & More. Complex piping recently done. (id:63159)

Values & Trends

This listing

$625/sqft

Building average

No other active listings in this building

New Westminster average

$616/sqft

56 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.

Townhouse Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$872,900

Jul 2026

Average Sale Price

$928,613

Jul 2026

Monthly Sales

8

Jul 2026

Active Listings

64

Jul 2026

Sales-to-Active Ratio

13.0%

Jul 2026

Median Days to Contract

21 days

Jul 2026

MLS® HPI Benchmark Price

$958,100
$785,200
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

48

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
Royal City Alternate ProgramSecondary283 m
Fraser River MiddleMiddle289 m
PALS Autism Society (School Program)(Independent)K-12683 m
Power Alternate Secondary SchoolSecondary749 m
Al-Hidayah School(Independent)Elementary771 m
John Knox Christian - Secondary Campus(Independent)K-12783 m
Purpose Independent Secondary School(Independent)Secondary804 m
Ecole Qayqayt ElementaryElementary843 m

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 8th St @ 3rd Ave150 m
Northbound 8th St @ Queens Ave159 m
Northbound 8th St @ 3rd Ave170 m
Southbound 6th St @ 3rd Ave214 m
Southbound 8th St @ Queens Ave218 m

Nearby Places

Restaurants (5+)

  • The Old Bavaria Haus · 233 Sixth Street241 m
  • Taqueria Playa Tropical · 334 6th Street325 m
  • Peri Peri Shack · 344 Sixth Street338 m
  • Han Lin Noodle House · 408 6th Street403 m
  • Kojima Sushi · 410 6th Street418 m

Cafes (5+)

  • Common Grounds · 609 Third Avenue202 m
  • Lower Cafeteria437 m
  • Upper Cafeteria440 m
  • Rong Rong Tea House · 748 Agnes Street501 m
  • Tina Vietnamese Cuisine (V-Cafe) · 789 Carnarvon Street571 m

Grocery (5+)

  • Persian Baanou Supermarket · 222 Sixth Street202 m
  • Mahtot East Africa Market · 218 Sixth Street203 m
  • Fruiticana · 331 Sixth Street341 m
  • Save-On-Foods · 1025 Columbia Street651 m
  • Safeway · 800 Carnarvon Street672 m

Parks (5+)

  • Toronto Place Park316 m
  • Simcoe Park362 m
  • Cornwall Park517 m
  • Tipperary Park579 m
  • Sullivan Park724 m

Shopping (5+)

  • Westminster Centre · 555 Sixth Street671 m
  • Shops at New West674 m
  • Winners767 m
  • Walmart784 m
  • Royal City Centre · 610 Sixth Street790 m

Gyms (5+)

  • Chris Johnson Fitness Centre413 m
  • Ava Fitness · 735 Carnarvon Street561 m
  • Strong Side Conditioning · 739 Carnarvon Street563 m
  • EZfit · 606 Victoria Street568 m
  • Fit on 6th · 49 Sixth Street631 m

Pharmacies (5+)

  • Pharmasave · 625 Fifth Avenue563 m
  • Imperial Pharmacy · 981 Carnarvon Street657 m
  • Belmont Pharmacy · 609 Belmont Street661 m
  • Pharmasave672 m
  • London Drugs · 555 Sixth Street699 m

Banks & ATMs (5+)

  • HoneyBadger Bitcoin ATM615 m
  • Vancity616 m
  • Vancity624 m
  • Bitcoin ATM Localcoin · 71 Tenth Street636 m
  • H&R Block652 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$400,000.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$581.60
Total monthly cost$3,162.26
Interest paid over 5-yr term$114,641.15
Balance at end of term$359,801.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

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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