406 48 Richmond St, New Westminster BC - Apartment/Condo for Sale - MLS# R3123051

$699,000
Est. Mortgage $3,092/mo
Gatehouse Place
2 Beds
1 Baths
1092 sqft
640 $ /sqft
538.3 $ Maint. fee
1992 built
$699,000
Est. $3,092/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 406 48 Richmond Street

TOWNHOUSE-STYLE PENTHOUSE LOFT w/ soaring 20-ft ceilings in quiet Fraserview. Renovated w/ hardwood floors, stone counters, oak cabinets, brass finishes & chandelier. Expansive windows flood home w/ natural light. Ideal WFH loft w/ mtn views from desk. Morning coffee & sunrise river views from north patio over gardens. Open living/dining w/ vaulted ceilings + south rooftop for sunsets. Bedroom w/ custom wood trims & floor-to-ceiling custom walk-in. Garage, locker & attic storage. Rainscreened building near SkyTrain, Queen’s Park, hospital, shops & restaurants. Second bedroom is den/loft space.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Guest Suite, Storage, Vaulted Ceiling(s)
Fireplace 1
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Metal, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $699,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1092
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal
Building Name Gatehouse Place
Ownership Type Freehold Strata
Maintenance Fee $538.3
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
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
Units In Development 30

Lot & Land

MLS® # R3123051
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Postal Code V3L 5P4
Gross Taxes $2,936.97
Zoning RM-2A

Property Timeline

Status Date Price
R3123051 / Active 05-12-2026 $699,000
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 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.

Map & Neighbourhood

Public Schools

Elementary
Richard McBride Elementary School
1.03 km
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
1.33 km
Elementary, Secondary
Urban Academy
1.33 km

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 406 48 Richmond Street

Mortgage Calculator for 406 48 Richmond Street

/month
Principal & Interest
Property Taxes $245
Maintenance fee 538.3
Based on a 30-year fixed at 4% interest with 20% down ($139,800), the estimated monthly payment for this listing is $3,453/month — $2,670 principal & interest, $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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,663/month, this property runs a $847/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraserview NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $699,000
New Westminster Loading...
Fraserview NW Loading...

Based on 17 comparable active apartments/condos in Fraserview NW, the average asking price is $637,433. This listing is priced 9.7% above the neighbourhood 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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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