Home New Westminster, BC Quay Riversky 2 1005 988 Quayside Drive

1005 988 Quayside Dr, New Westminster, BC – Condo, Sold

1005 988 Quayside Drive, New Westminster, British Columbia V3M 0L5

Verified Account Required $●●●,●●●

Listing updated: Oct 22, 2026 at 01:24am

EstateBlock checked: Oct 22, 2026 at 05:45pm

2 Beds

1 Baths

736 sqft

706 $ /sqft

515.51 $ Maint. fee

2019 built

Closed

Photo

About the building: Riversky 2

988 Quayside Drive, Quay, New Westminster

Riversky 2 building details

Building

Built: 2019
Homes: 234 in 28 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS5412
Managed by: First Service Residential
Parking: Visitor Parking, Garage: Underground, Garage Underbuilding
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Riversky 2

For sale: 10
Median ask: $564K
Median $/sqft: $823
Days on market: 71
Sold, past year: 8

This home

$706/sqft, 14.2% below the building median of $823.

Structural warranty runs to 2029 under BC's 2-5-10 new-home warranty.

Homes for sale at Riversky 2, New Westminster Recent sold listings in Riversky 2, New Westminster

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary,Secondary
Compass Christian New West: Average 0.7 km 6.4/10
Secondary
Purpose Independent Secondary School: Average 0.3 km 4/10

Closest Transit

Bus Stop
New Westminster Station @ Unloading Only: 0.14 km
Skytrain
Skytrain @ New Westminster Stn: 0.21 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 32.7%
No Certificate/Degree: Below Average 8.2%
Owner Occupied: Average 65.2%
Employment Rate: Below Average 41.9%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $526,139

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How QUAY compares

This property

57 DOM

Average

Quay avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

1005 988 Quayside Drive has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.2% below comparable active properties in Quay, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 15% and an area average of 50 days on market — conditions are balanced. With only 374 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3M 0L5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0L5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS. Nearest station: New Westminster Sapperton Park, New Westminster (~3.3 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (61 nearby)

Bunches & blooms · 129 m · Florist
New westminster station · 143 m · Post Office
Mon chéri salon and spa · 144 m · Hairdresser

Restaurants (54 nearby)

The boathouse · 20 m · Restaurant
Las shilas mexican street food vancouver · 25 m · Restaurant
Longtail kitchen · 122 m · Restaurant

Cafes (22 nearby)

Craft cafe · 29 m · Cafe
Ninja bubble tea · 153 m · Cafe
Starbucks · 168 m · Cafe

Groceries (17 nearby)

Paddlewheeler liquor store · 93 m · Beverages
Pamola bakery · 139 m · Bakery
Cake it easy · 153 m · Bakery

Healthcare (4 nearby)

Shoppers drug mart · 149 m · Healthcare
Imperial pharmacy · 207 m · Healthcare
Pharmasave · 321 m · Healthcare

Transit (3 nearby)

Skytrain @ new westminster stn station · 206 m · Transit
Skytrain @ columbia stn station · 786 m · Transit
Bus stop northbound 12 st @ 3rd ave · 979 m · Transit

Parks & Recreation (1 nearby)

Play area · 150 m · Playground

Schools NearBy

22 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 302 m
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 443 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 603 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 631 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 697 m
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 813 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 934 m
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.78 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.95 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.13 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.17 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.18 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.27 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.30 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.35 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	N/A	Distance 2.39 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.40 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.48 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.48 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.49 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.76 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.95 KM

Pre-computed routes from 1005 988 Quayside Dr, New Westminster, BC

1005 988 Quayside Dr, New Westminster, BC New Westminster 0.2 km

34 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
34 min
Metrotown, Burnaby via New Westminster → Metrotown
16 min
SFU Burnaby via New Westminster → Production Way
14 min
Richmond Centre via New Westminster → Brighouse
59 min
YVR Airport via New Westminster → YVR-Airport
60 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
21 min
Metrotown, Burnaby via Lougheed Hwy
9 min
SFU Burnaby via Gaglardi Way
7 min
Richmond Centre via No. 3 Rd
20 min
YVR Airport via Bridgeport / Sea Island
23 min

Calculate your commute

1005 988 Quayside Dr, New Westminster, BC is ideally located for commuters. The property is 0.2 km from New Westminster, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is New Westminster Station @ Unloading Only (0.14 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 1005 988 Quayside Drive

Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1005 988 Quayside Drive

/month

Principal & Interest

Property Taxes $227

Maintenance fee 515.51

Financing 80% of the $519,900 asking price over 30 years at 4% results in approximately $2,729/month in total estimated carrying costs, $227 property tax, $516 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.

Investment Cashflow Calculator

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $1,932/month in rental income, leaving a -$847/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1005 988 Quayside Drive, New Westminster

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.