Property Type: Condo / ApartmentOwnership: Strata

9 48 LEOPOLD PLACE

New Westminster, BC V3L2C6

$429,900

2 bed1 bath1 parking944 sqftBuilt 1958
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$495/mo
Annual property tax
$2,050.64 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Carport

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®
R3130876
Listed
June 2, 2026
Time on market
On the market for 90 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.

Description

This newly renovated 2 bed/1 bath home offers exceptional value in a convenient location in New Westminster. This move-in-ready home features a thoughtfully updated interior with modern finishes throughout, making it the perfect option for first time home buyers, downsizers, or investors. Situated in a well maintained boutique building, you'll enjoy the charm of a low rise community without the added cost of amenities you may never use. Just steps from Queen's Park and within walking distance to transit, shopping, schools, and everyday conveniences, the location offers an unbeatable blend of lifestyle and accessibility. Bright, inviting, and affordably priced, this is a rare opportunity to secure a fully renovated 2-bedroom home in a convenient and well-connected neighbourhood. (id:63159)

Values & Trends

This listing

$455/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

30

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 ElementaryElementary512 m
PALS Autism Society (School Program)(Independent)K-12635 m
Purpose Independent Secondary School(Independent)Secondary983 m
Al-Hidayah School(Independent)Elementary1.1 km
Herbert Spencer ElementaryElementary1.2 km
Ecole Glenbrook Middle SchoolMiddle1.4 km
Fraser River MiddleMiddle1.5 km
Royal City Alternate ProgramSecondary1.5 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 E Royal Ave @ McBride Blvd183 m
Northbound 1st St @ Agnes St270 m
Southbound 1st St @ Agnes St283 m
Westbound E Columbia St @ McBride Blvd298 m
Southbound Ross Dr @ 200 Block303 m

Nearby Places

Restaurants (4)

  • Victoria Sushi · 15 East Royal Avenue242 m
  • L'Onore Pizza · 28 East Royal Avenue353 m
  • Stefano's · 315 Columbia Street730 m
  • Taverna Greka · 326 Columbia Street763 m

Cafes (1)

  • Mira Caffe · 28 East Royal Avenue371 m

Parks (5+)

  • Victoria Hill Park345 m
  • Unnamed375 m
  • Albert Crescent Park389 m
  • Saint Mary's Park481 m
  • Woodlands Memorial Garden563 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 15 East Royal Avenue245 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,920.00
Periodic payment — Principal & Interest (monthly)$2,218.86
Additional monthly expenses (strata, tax, utilities, etc.)$712.92
Total monthly cost$2,931.77
Interest paid over 5-yr term$98,568.46
Balance at end of term$309,357.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,140.49

Cash Needed at Closing

Minimum down payment$21,495
Estimated BC PTT$6,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,593

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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