NEW

406 48 Richmond St, New Westminster, BC

$759,000 Est. Mortgage /mo

MLS® R3094143 · Gatehouse Place

2 Beds
1 Baths
1092 sqft
695 $ /sqft
538.3 $ Maint. fee
1992 built
$759,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Architectural penthouse w/ 20ft vaulted ceilings & dramatic double-height living. Rare loft-style home lives like a townhouse, with exceptional volume, natural light, and design forward finishes. 2-bed home offers 1092 sqft of interior living space w/ approx. 144 sqft of open volume above the living room. Gas fireplace, CB2 designer lighting, & kitchen with labradorite stone countertops, solid oak cabinetry, & brass details. Enjoy 183 sqft of outdoor space w/ north & south-facing balconies w/ Fraser River & garden views. Spacious primary includes custom walk-in closet w/ floor to ceiling storage & full bath w/ separate tub & shower. Rainscreened building w/ upgrades completed. Steps to Glenbrook Ravine Park, SkyTrain, Royal Columbian Hospital, & shopping. OPEN HOUSE: Feb 28 & Mar 1, 2-4pm.

General Info

Price $759,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1092
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3094143
Building Name Gatehouse Place
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Postal Code V3L 5P4
Price per Sqft $695
Gross Taxes $2,936.97
Ownership Type Freehold Strata
Maintenance Fee $538.3
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes, Yes With Restrictions
Rental Restrictions -
Zoning RM-2A
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage, Vaulted Ceiling(s)
Locker 1
View -
View Description -
Units In Development 30
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal, Torch-On

Property Timeline

Status Date Price
R3094143 / Active 02-27-2026 $759,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'4 x 15'4 ft
Main Level Dining Room 11'5 x 11'5 ft
Main Level Kitchen 8'0 x 8'0 ft
Main Level Primary Bedroom 12'10 x 12'10 ft
Above Level Bedroom 14'0 x 14'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: Oakwyn Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
Richard McBride Elementary School
Average
1.03 km
6.1/10
Middle
École Glenbrook Middle School
1.2 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Urban Academy
Above Average
1.33 km
8.9/10
Elementary, Secondary
Urban Academy
Above Average
1.33 km
8.9/10

Closest Transit

Bus Stop
Southbound Richmond St @ Miner St
0.09 km
Skytrain
Skytrain @ Sapperton Stn
0.87 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Below Average
9.3%
Owner Occupied
Average
62.7%
Employment Rate
Below Average
52.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Possible

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $245
Maintenance fee 0
Financing 80% of the $759,000 asking price over 30 years at 4% results in approximately $3,682/month in total estimated carrying costs, $245 property tax, $538 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $2,814/month in rental income, leaving a -$916/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $759,000
New Westminster Loading...
Fraserview NW Loading...
9 comparable Apartment/Condos are currently active in Fraserview NW, with a median asking price of $669,817. This property is listed 13.3% above the local average and 11.8% above the New Westminster average.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 406 48 Richmond Street, New Westminster, BC?
The closest top-rated schools are Richard McBride Elementary School and École Glenbrook Middle School.
Is 406 48 Richmond Street, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 406 48 Richmond Street, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,554.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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