Home New Westminster, BC Queensborough Portage 103 262 Salter Street

103 262 Salter St, New Westminster BC V3M 0J6 – Condo for Sale – MLS® R3162635

103 262 Salter Street, New Westminster, British Columbia V3M 0J6

New Westminster Condos for Sale

64 days on the market

$466,000

Est. monthly cost $2,386/mo

Updated with MLS® - Nov 11, 2026 at 10:30am

Portage

1 Beds

1 Baths

646 sqft

721 $ /sqft

309.56 $ Maint. fee

2015 built

Photos

Welcome to Portage by Aragon, a stylish waterfront community in Port Royal. This unique ground-floor 1-bedroom home features soaring 10' ceilings, an open-concept layout, reclaimed brick feature wall, cozy fireplace and direct access to an oversized private patio—perfect for entertaining, relaxing or coming and going without using the main lobby. The chef-inspired kitchen offers a gas range, built-in oven, Bosch espresso machine, generous cabinetry and a large island. Enjoy a spa-like bathroom with heated floors, plus thoughtful upgrades including floating cabinetry with accent lighting. Steps to the waterfront Riverwalk and Q to Q Ferry connecting you to New Westminster Quay and SkyTrain. Building amenities include a well-equipped gym. Includes 1 parking and 1 locker. OPENHOUSE 9/26 2-4PM

Building 26 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$466,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	646
Year Built	2015
Age Of Building	11
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	0
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Name	Portage
Ownership Type	Freehold Strata
Maintenance Fee	$309.56
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	111

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven, Range Top
Interior Features	Elevator
Fireplace	1
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3162635
Area	New Westminster
Neighbourhood	Queensborough
City	New Westminster
Postal Code	V3M 0J6
Gross Taxes	$2,374.02
Zoning	CD-51

Property Timeline

Status	Date	Price
R3162635 / Active	09-08-2026	$466,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'7 x 11'7 ft
Main Level	Kitchen	12'4 x 12'4 ft
Main Level	Primary Bedroom	10'3 x 10'3 ft
Main Level	Laundry	2'10 x 2'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: eXp Realty

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.

About the building: Portage

262 Salter Street, Queensborough, New Westminster

Portage building details

Building

Built: 2015
Homes: 111 in 4 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: EPS2586
Managed by: Tribe Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: WaterSnow removalSewerRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Portage

For sale: 5
Median ask: $505K
Median $/sqft: $727
Days on market: 41
Sold, past year: 7

This home

$721/sqft, in line with the building median of $727.

Homes for sale at Portage, New Westminster Recent sold listings in Portage, New Westminster

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

Map, sell speed & climate

SkyTrain 1.55 km · New Westminster Secondary School 6.7/10 · 2.75 km · crime average · sell-speed score 59/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (2 nearby)

Rozzini's · 404 m · Restaurant
Epic grill silogs · 688 m · Restaurant

Shopping (1 nearby)

Sue's hair salon · 978 m · Hairdresser

Transit (1 nearby)

Bus stop westbound ewen ave @ wood st · 976 m · Transit

Public Schools

Secondary
New Westminster Secondary School: Average 2.75 km 6.7/10
Middle
Queensborough Middle School: 1.02 km
Elementary
Queen Elizabeth Elementary School: Average 1.41 km 6.5/10

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

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 1.33 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 1.33 km 10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave: 0.4 km
Skytrain
Skytrain @ New Westminster Stn: 1.55 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28%
No Certificate/Degree: Average 14.6%
Owner Occupied: Above Average 82.9%
Employment Rate: Above Average 66.9%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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: Unlikely

Sell Speed & Competition

59 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $508,517

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.55 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How QUEENSBOROUGH compares

This property

64 DOM

Slower than area

Queensborough avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

103 262 Salter Street has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.4% below comparable active properties in Queensborough, 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 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 0J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0J6, 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 A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~4.1 km). Annual avg AQHI 2.1 — 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.

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info In Catchment	N/A	Distance 1.02 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 1.24 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.33 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info In Catchment	6.5 / 10	Distance 1.41 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 1.59 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.66 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.72 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.00 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.00 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 2.10 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.13 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.21 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.39 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.43 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info In Catchment	6.7 / 10	Distance 2.75 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.79 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.84 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.94 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.97 KM

Pre-computed routes from 103 262 Salter St, New Westminster, BC

103 262 Salter St, New Westminster, BC New Westminster 1.6 km

51 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
51 min
Metrotown, Burnaby via New Westminster → Metrotown
33 min
SFU Burnaby via New Westminster → Production Way
31 min
Richmond Centre via New Westminster → Brighouse
76 min
YVR Airport via New Westminster → YVR-Airport
77 min

By car (off-peak)

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

Calculate your commute

103 262 Salter St, New Westminster, BC is ideally located for commuters. The property is 1.6 km from New Westminster, with a 51 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.4 km). Walk Score Transit rating: Some Transit (33/100).

Walkability & Transit Near 103 262 Salter Street

Almost All Errands Require a Car 24

Walk Score - Almost All Errands Require a Car

Almost all errands require a car

Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,386/month · rent estimate $1,919/month · owning nets $39/month less than renting · cash flow if rented −$617/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 103 262 Salter Street

$2,386 /month

Principal & Interest $1,878

Property Taxes $198

Maintenance fee $310

The estimated monthly cost of 103 262 Salter Street, New Westminster is $2,386: $1,878 principal and interest with 20% down over 30 years at 4.45%, plus $198 property tax and $310 strata 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

−$617 /month

Mortgage Payment $1,878

Monthly Cash Flow −$617

Break Even Down Payment 47%

Cap Rate -1.6%

Cash on Cash -7.9%

If 103 262 Salter Street, New Westminster were rented at $1,919 a month with 5% vacancy, it would fall $617 a month short of the mortgage and carrying costs; about 47% down would break even.

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

Estateblock Rent Estimate for 103 262 Salter Street, New Westminster

$1,919 / month

Rent $1,919

Own $2,386

Principal: $604/mo Interest, tax, insurance, fees: $1,782/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$506/mo (year 1) → ~$1,176/mo (year 20) → ~$1,754/mo (year 29).

Net cost to own at year 5 ~$1,782/mo About $137/mo less than renting

EstateBlock estimates 103 262 Salter Street, New Westminster would rent for about $1,919 a month.

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.

Rent vs own: 103 262 Salter Street

Rent vs own

Owning nets $39/mo less than renting

With 20% down ($93,200) at 4.45%: $1,880/mo net cost to own in year 1 vs $1,919/mo rent

Principal paid off by year 5 $33,221

Principal paid off by year 10 $74,704

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 103 262 Salter Street, New Westminster nets about $39 a month less than renting it in year 1, with $33,221 of principal paid off by year 5 and $74,704 by year 10.