108 45 Fourth St, New Westminster BC - Apartment/Condo for Sale - MLS# R3122633

117 days on the market
$349,000
Est. Mortgage $1,544/mo
Listing updated:
EstateBlock checked:
Dorchester House
1 Beds
1 Baths
690 sqft
506 $ /sqft
430 $ Maint. fee
1978 built
117 days on the market
$349,000
Est. $1,544/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 108 45 Fourth Street

Incredible opportunity! This oversized one-bedroom offers a rare mix of space and scenery. Conveniently located steps from Columbia SkyTrain and a short walk to Pier Park, River Market, and the Boardwalk. The functional layout features a massive bedroom and two versatile flex/storage rooms, and breathtaking Fraser River views to enjoy from your private balcony and bedroom! Recent updates include a gorgeous renovated bathroom, newer dishwasher, vinyl floors, and crisp white paint... the perfect blank canvas! The building also features updated roof (2015), and updated exterior paint. Whether you're a first-time buyer or savvy investor, this transit-oriented gem delivers incredible value. Experience the best of Downtown New West living, book your tour today!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed, Vinyl
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Water Views of Fraser River
Structures Multi Family, Residential Attached

Building Details

Price $349,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 690
Year Built 1978
Age Of Building 48
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Hot Water, Management, Snow Removal
Building Name Dorchester House
Ownership Type Freehold Strata
Maintenance Fee $430
Community Features Shopping Nearby
Amenities Nearby Trash, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Units In Development 40

Lot & Land

Lot Size Depth Feet
MLS® # R3122633
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5H7
Gross Taxes $1,932.8
Zoning RM-6A

Property Timeline

Status Date Price
R3122633 / Active 05-12-2026 $349,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Foyer 7'0 x 7'0 ft
Main Level Living Room 18'8 x 18'8 ft
Main Level Kitchen 7'4 x 7'4 ft
Main Level Pantry 3'8 x 3'8 ft
Main Level Eating Area 8'0 x 8'0 ft
Main Level Bedroom 15'1 x 15'1 ft
Main Level Storage 3'7 x 3'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

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

Private Schools

Elementary,Secondary
Compass Christian New West
Average 0.38 km 6.4/10
Elementary,Secondary
Compass Christian New West
Average 0.38 km 6.4/10

Closest Transit

Bus Stop
Columbia Station @ Bay 3
0.05 km
Skytrain
Skytrain @ Columbia Stn
0.06 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 28.2%
No Certificate/Degree
Below Average 9.8%
Owner Occupied
Above Average 80%
Employment Rate
Below Average 39.1%

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
Unlikely

Sell Speed & Competition

58 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $373,779
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.06 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN NW compares
This property
117 DOM
Slower than area
Downtown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market

108 45 Fourth Street has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.1% below comparable active properties in Downtown NW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 13.9% and an area average of 30 days on market — conditions are balanced. With only 397 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 V3L 5H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5H7, 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 (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.5 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 (62 nearby)

  • Anim hair & beauty studio · 85 m · Beauty Shop
  • Beach house tanning · 96 m · Beauty Shop
  • Guardian · 142 m · Pharmacy

Restaurants (54 nearby)

  • Subway · 109 m · Fast Food
  • Taverna greka · 133 m · Restaurant
  • Eats at the pier · 199 m · Fast Food

Cafes (22 nearby)

  • Chatime · 257 m · Cafe
  • Cocoaro · 258 m · Cafe
  • Coasters coffee · 260 m · Cafe

Groceries (19 nearby)

  • The met liquor store · 107 m · Beverages
  • Circle k · 122 m · Convenience
  • Bc liquor store · 174 m · Beverages

Healthcare (4 nearby)

  • Guardian · 142 m · Healthcare
  • Shoppers drug mart · 698 m · Healthcare
  • Imperial pharmacy · 827 m · Healthcare

Transit (3 nearby)

  • Skytrain @ columbia stn station · 58 m · Transit
  • Skytrain @ new westminster stn station · 655 m · Transit
  • Bus stop northbound 2nd st @ 4th ave · 999 m · Transit

Parks & Recreation (1 nearby)

  • Play area · 758 m · Playground

Schools NearBy

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

377 m

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

401 m

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

544 m

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

761 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

881 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

1.07 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

1.41 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

1.44 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.54 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.57 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.89 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

2.02 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

2.03 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.19 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.35 KM

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.40 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.44 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.57 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.57 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.74 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.78 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.87 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

3.5 / 10

Distance

2.95 KM

Pre-computed routes from 108 45 Fourth St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Columbia → Waterfront
    34 min
  • Metrotown, Burnaby via Columbia → Metrotown
    16 min
  • SFU Burnaby via Columbia → Production Way
    14 min
  • Richmond Centre via Columbia → Brighouse
    59 min
  • YVR Airport via Columbia → 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
    6 min
  • Richmond Centre via No. 3 Rd
    21 min
  • YVR Airport via Bridgeport / Sea Island
    24 min

Calculate your commute

108 45 Fourth St, New Westminster, BC is ideally located for commuters. The property is 0.1 km from Columbia, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Columbia Station @ Bay 3 (0.05 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 108 45 Fourth Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 108 45 Fourth Street

/month
Principal & Interest
Property Taxes $161
Maintenance fee 430
With a 20% down payment, buyers can expect an estimated $1,924/month in total housing costs on this $349,000 property — $1,333 mortgage payment, $161 property tax, $430 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%
Cap Rate
Cash on Cash
Based on $1,741/month estimated rent and $1,964/month in total housing costs, this property has a -$223/month cashflow. Break-even down payment: approximately 34%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 108 45 Fourth Street, New Westminster

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $349,000
New Westminster Loading...
Downtown NW Loading...

Based on 12 comparable active apartments/condos in Downtown NW, the average asking price is $375,733. This listing is priced 7.1% below 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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 108 45 Fourth Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

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