Property Type: Condo / ApartmentOwnership: Strata

704 1026 QUEENS AVENUE

New Westminster, BC V3M6B2

$295,000

1 bed1 bath1 parking643 sqftBuilt 1985
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Amenities

Gym

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$501/mo
Annual property tax
$1,715.05 (2025)

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3118916
Listed
May 4, 2026
Time on market
On the market for 119 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Amara Terrace, a landmark in New West. Laminate floors lead to a spacious living room with oversized sliding doors opening to a covered balcony and garden area, overlooking downtown and the Fraser River. Dining area off a remodelled kitchen with modern white cabinetry, quartz counters, stainless appliances & tile backsplash. Bedroom features corner windows and mirrored closet doors for added light. Updated full bath with quartz vanity, tile floors, and a soaker tub with floor-to-ceiling tile. Building amenities include an outdoor pool, patio, gardens, fitness centre & games room. Walk 12 minutes to SkyTrain, shops, restaurants & Pier Park. No cats/dogs. 3D tour at Realtor's site. (id:63159)

Values & Trends

This listing

$459/sqft

Building average

$484/sqft

7 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

67

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
Power Alternate Secondary SchoolSecondary259 m
Royal City Alternate ProgramSecondary269 m
Fraser River MiddleMiddle303 m
John Knox Christian - Secondary Campus(Independent)K-12357 m
Al-Hidayah School(Independent)Elementary916 m
Purpose Independent Secondary School(Independent)Secondary1.0 km
PALS Autism Society (School Program)(Independent)K-121.1 km
Lord Kelvin ElementaryElementary1.2 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 Ave237 m
Southbound 12 St @ Queens Ave249 m
Westbound Columbia St @ Royal Ave257 m
Southbound 12 St @ 3rd Ave349 m
Eastbound Quayside Dr @ Laguna Court356 m

Nearby Places

Restaurants (5+)

  • Dan's Diner95 m
  • Boston Pizza264 m
  • Pho Angkor · 78 Tenth Street273 m
  • DeDutch285 m
  • Cockney Kings300 m

Cafes (5+)

  • Living Tree Foods · 1025 Royal Avenue156 m
  • Starbucks326 m
  • Serious Coffee416 m
  • Gong Cha426 m
  • Rong Rong Tea House · 748 Agnes Street456 m

Grocery (4)

  • Save-On-Foods · 1025 Columbia Street201 m
  • Safeway · 800 Carnarvon Street566 m
  • Mahtot East Africa Market · 218 Sixth Street731 m
  • Persian Baanou Supermarket · 222 Sixth Street734 m

Parks (4)

  • Columbia St Sq Park228 m
  • Simcoe Park265 m
  • Cornwall Park420 m
  • Toronto Place Park428 m

Shopping (2)

  • Shops at New West515 m
  • River Market · 810 Quayside Drive678 m

Gyms (5+)

  • 4Seven BJJ · 131 Eleventh Street93 m
  • Oxygen Yoga · 1065 Columbia Street221 m
  • Dynamic Health and Fitness472 m
  • Chris Johnson Fitness Centre488 m
  • Strong Side Conditioning · 739 Carnarvon Street569 m

Pharmacies (3)

  • Pharmasave294 m
  • Imperial Pharmacy · 981 Carnarvon Street410 m
  • Shoppers Drug Mart · 811 Columbia Street579 m

Banks & ATMs (5+)

  • BMO328 m
  • TD341 m
  • Bitcoin ATM Localcoin · 71 Tenth Street350 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street428 m
  • H&R Block529 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (strata, tax, utilities, etc.)$676.38
Total monthly cost$2,198.97
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,155.02

Cash Needed at Closing

Minimum down payment$14,750
Estimated BC PTT$3,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,150

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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