Home New Westminster, BC Quay The Rialto 121 3 Rialto Court

121 3 Rialto Court, New Westminster BC - Apartment/Condo for Sale - MLS# R3172665

Name: Open House: 121 3 Rialto Court, MLS#R3172665
Start: 2026-10-10T13:00:00-07:00
End: 2026-10-10T15:00:00-07:00
Location: 121 3 Rialto Court, New Westminster, BC

2 days on the market

$639,000

Est. Mortgage $2,827/mo

Listing updated: Oct 5, 2026 at 05:27pm

EstateBlock checked: Oct 7, 2026 at 01:25am

The Rialto

2 Beds

2 Baths

1008 sqft

634 $ /sqft

564.23 $ Maint. fee

1992 built

NEW OPEN HOUSE

2 days on the market

$639,000

Est. $2,827/mo with 20% down

Listing updated: Oct 5, 2026 at 05:27pm

EstateBlock checked: Oct 7, 2026 at 01:25am

Photos

Exterior Front Photo of 121 3 Rialto Court, New Westminster, BC

Exterior Rear Photo of 121 3 Rialto Court, New Westminster, BC

Living Room Photo of 121 3 Rialto Court, New Westminster, BC

Family Room Photo of 121 3 Rialto Court, New Westminster, BC

Dining Area Photo of 121 3 Rialto Court, New Westminster, BC

Kitchen Photo of 121 3 Rialto Court, New Westminster, BC

Kitchen Island Photo of 121 3 Rialto Court, New Westminster, BC

Pantry Photo of 121 3 Rialto Court, New Westminster, BC

Breakfast Nook Photo of 121 3 Rialto Court, New Westminster, BC

Primary Bedroom Photo of 121 3 Rialto Court, New Westminster, BC

Primary Bathroom Photo of 121 3 Rialto Court, New Westminster, BC

Walk-In Closet Photo of 121 3 Rialto Court, New Westminster, BC

Bedroom 2 Photo of 121 3 Rialto Court, New Westminster, BC

Bedroom 3 Photo of 121 3 Rialto Court, New Westminster, BC

Bedroom 4 Photo of 121 3 Rialto Court, New Westminster, BC

Guest Bathroom Photo of 121 3 Rialto Court, New Westminster, BC

Powder Room Photo of 121 3 Rialto Court, New Westminster, BC

Office / Den Photo of 121 3 Rialto Court, New Westminster, BC

Loft / Bonus Room Photo of 121 3 Rialto Court, New Westminster, BC

Basement Recreation Room Photo of 121 3 Rialto Court, New Westminster, BC

Laundry Room Photo of 121 3 Rialto Court, New Westminster, BC

Mudroom Photo of 121 3 Rialto Court, New Westminster, BC

Entry Foyer Photo of 121 3 Rialto Court, New Westminster, BC

Hallway Photo of 121 3 Rialto Court, New Westminster, BC

Fully renovated and move-in ready, this ground-level corner home offers a rare opportunity to enjoy waterfront living in the heart of the New Westminster Quay. Featuring a functional 2 bed, 2 bath layout, this home blends modern comfort with a peaceful natural setting. Step out onto your private patio with direct access to the tranquil lagoon, where the gentle sounds of the water create a serene escape from the everyday. Just steps from the iconic Quay boardwalk, waterfront parks, cafes, restaurants and everyday amenities. Conveniently located near transit and SkyTrain for an easy commute. Includes 1 parking stall and 1 storage locker. Experience the best of Quay living, where urban convenience meets a peaceful waterfront retreat.

Open houses

10 Oct, 2026 (01:00 PM to 03:00 PM)

11 Oct, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator, Storage, Pantry
Fireplace	1
Heating Type	Baseboard, Hot Water
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	LAGOON, COURTYARD
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$639,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1008
Year Built	1992
Age Of Building	34
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Name	The Rialto
Ownership Type	Freehold Strata
Maintenance Fee	$564.23
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, 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, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	109

Lot & Land

MLS^® #	R3172665
Area	New Westminster
Neighbourhood	Quay
City	New Westminster
Postal Code	V3M 6P2
Gross Taxes	$3,177.84
Zoning	RMW-2A

Property Timeline

Status	Date	Price
R3172665 / Active	10-05-2026	$639,000

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	11'3 x 11'3 ft
Main Level	Bedroom	7'11 x 7'11 ft
Main Level	Kitchen	12'1 x 12'1 ft
Main Level	Dining Room	11'7 x 11'7 ft
Main Level	Living Room	11'7 x 11'7 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Grand Central 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: The Rialto

3 Rialto Court, Quay, New Westminster

The Rialto building details

Building

Built: 1992
Homes: 109
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS283
Managed by: Dwell Property Management
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at The Rialto

For sale: 2
Median ask: $654K
Median $/sqft: $614
Days on market: 61
Sold, past year: 3

This home

$634/sqft, 3.3% above the building median of $614.

Homes for sale at The Rialto, New Westminster Recent sold listings in The Rialto, New Westminster

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

Map & Neighbourhood

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 0.39 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 0.39 km 10/10

Closest Transit

Bus Stop
Northbound Renaissance Square @ Quayside Dr: 0.14 km
Skytrain
Skytrain @ New Westminster Stn: 1.03 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: 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

57 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $674,145

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.03 km from station

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

2 DOM

Very fast

Quay avg

50 DOM

Average

New Westminster avg

50 DOM

Slower market

121 3 Rialto Court has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.5% 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 6P2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 6P2, 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 (~3.8 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

Restaurants (31 nearby)

Dan's diner · 481 m · Restaurant
Rozzini's · 561 m · Restaurant
Boston pizza · 596 m · Restaurant

Shopping (20 nearby)

Peonies fine flowers · 485 m · Florist
Big box outlet · 667 m · Clothes
New west cleaners · 671 m · Laundry

Cafes (8 nearby)

Living tree foods · 576 m · Cafe
Starbucks · 693 m · Cafe
Serious coffee · 808 m · Cafe

Groceries (7 nearby)

Steel & oak tasting room · 287 m · Beverages
Bc liquor · 531 m · Beverages
Arnies grocery · 716 m · Convenience

Healthcare (2 nearby)

Pharmasave · 689 m · Healthcare
Imperial pharmacy · 842 m · Healthcare

Parks & Recreation (1 nearby)

Play area · 935 m · Playground

Transit (1 nearby)

Bus stop northbound 8th st @ 3rd ave · 998 m · Transit

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 388 m
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 565 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 801 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 943 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.13 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.29 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.31 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 1.38 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.40 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	N/A	Distance 1.74 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.81 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.90 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.92 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.03 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.07 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.12 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 2.14 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.16 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.46 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.58 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.75 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.91 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.96 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.99 KM

Pre-computed routes from 121 3 Rialto Court, New Westminster, BC

121 3 Rialto Court, New Westminster, BC New Westminster 1.0 km

44 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
44 min
Metrotown, Burnaby via New Westminster → Metrotown
26 min
SFU Burnaby via New Westminster → Production Way
24 min
Richmond Centre via New Westminster → Brighouse
69 min
YVR Airport via New Westminster → YVR-Airport
70 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
7 min
Richmond Centre via No. 3 Rd
19 min
YVR Airport via Bridgeport / Sea Island
22 min

Calculate your commute

121 3 Rialto Court, New Westminster, BC is ideally located for commuters. The property is 1.0 km from New Westminster, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Renaissance Square @ Quayside Dr (0.14 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 121 3 Rialto Court

Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 121 3 Rialto Court

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $265

Maintenance fee 564.23

With a 20% down payment, buyers can expect an estimated $3,270/month in total housing costs on this $639,000 property — $2,441 mortgage payment, $265 property tax, $564 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

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,313/month estimated rent and $3,322/month in total housing costs, this property has a -$1,009/month cashflow. Break-even down payment: approximately 54%.

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

Estateblock Rent Estimate for 121 3 Rialto Court, 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.