Property Type: Condo / ApartmentOwnership: Strata

PH2 1205 FIFTH AVENUE

New Westminster, BC V3M1Y9

$599,000

2 bed2 bath2 parking938 sqftBuilt 2005
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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
$446/mo
Annual property tax
$2,784.24 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
2 — 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®
R3088615
Listed
February 18, 2026
Time on market
On the market for 195 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Woodhouse Realty · Data source: CREA DDF.

Description

Experience luxury living in this stunning 2-bedroom penthouse corner unit with 2 large Balcony in the heart of New Westminster. Featuring laminate flooring, an open-concept layout, and in-suite washer and dryer, this home is designed for modern comfort. Enjoy breathtaking Fraser River and city views with abundant natural light throughout. Located in one of newest and most central developments Area, you´re just steps from SkyTrain, shopping centers, grocery stores, liquor store, parks, waterfront walkways, and Quayside Park. Walk to everything and enjoy unmatched urban convenience. Priced to sell, this is a rare opportunity for refined, luxury-style living in a prime location. Open House Aug 9th 2pm-4pm (id:63159)

Values & Trends

This listing

$639/sqft

Building average

No other active listings in this building

New Westminster average

$671/sqft

376 active listing(s)

Parking: 2 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

41

7/9 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-12513 m
Lord Kelvin ElementaryElementary519 m
Royal City Alternate ProgramSecondary885 m
Lord Tweedsmuir ElementaryElementary941 m
Fraser River MiddleMiddle956 m
Power Alternate Secondary SchoolSecondary994 m
Our Lady of Mercy(Independent)Elementary1.0 km
St. Thomas More Collegiate(Independent)Secondary1.2 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 @ 5th Ave44 m
Southbound 12 St @ 5th Ave75 m
Southbound 12 St @ 6th Ave128 m
Eastbound 6th Ave @ 12 St181 m
Westbound 6th Ave @ 12 St181 m

Nearby Places

Restaurants (5+)

  • Don Chepe's · 1122 Fifth Avenue77 m
  • Sichuan Yummy Food · 441 Twelfth Street81 m
  • Banchan Su · 1122 Fifth Avenue84 m
  • Indian Courtyard Restaurant · 609 Twelfth Street231 m
  • Shiok Canteen299 m

Cafes (4)

  • Sago To Go · 813 Twelfth Street653 m
  • Connections Café671 m
  • Happy Mom's Cafe · 821 Twelfth Street675 m
  • Starbucks788 m

Grocery (2)

  • Gospa's Delightful Food · 718 Twelfth Street492 m
  • Save-On-Foods787 m

Parks (3)

  • Riverside Adventure Park323 m
  • Cornwall Park460 m
  • Moody Park643 m

Shopping (1)

  • Walmart768 m

Gyms (2)

  • Anytime Fitness722 m
  • 4Seven BJJ · 131 Eleventh Street776 m

Banks & ATMs (1)

  • Community Savings Credit Union577 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$725.02
Total monthly cost$3,816.66
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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