Home New Westminster, BC Quay Riversky 2 1803 988 Quayside Drive

1803 988 Quayside Dr, New Westminster BC V3M 0L5 – Condo for Sale – MLS® R3166635

1803 988 Quayside Drive, New Westminster, British Columbia V3M 0L5

New Westminster Condos for Sale

55 days on the market

$448,800

Est. monthly cost $2,364/mo

Updated with MLS® - Nov 8, 2026 at 05:30am

1 Beds

1 Baths

524 sqft

856 $ /sqft

371.47 $ Maint. fee

2019 built

Photos

Eighteen floors above the Fraser at Riversky 2 by Bosa Properties, this one bedroom home wakes to light on the water. The Quay boardwalk is ten seconds from the lobby. New Westminster SkyTrain is a five minute walk: about 25 minutes to downtown Vancouver, 12 to Metrotown, 10 to Surrey City Centre. Three supermarkets and the Columbia Street restaurant district sit within a five minute stroll, so dinner never needs a car. Downstairs, a concierge, fitness centre and lounge. One parking stall and one storage locker included. The river at your feet, the city within reach. Open House Sept 26&27 12pm - 1:15pm

Building 25 fields Inside & out 13 fields Lot & land 8 fields

Building Details

Price	$448,800
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	524
Year Built	2019
Age Of Building	7
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	33
Building Amenities	Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$371.47
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Rear Access, Concrete, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	234

Interior Features

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

Exterior Features

Exterior Features	Garden, Balcony
View Description	Water, City
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3166635
Area	New Westminster
Neighbourhood	Quay
City	New Westminster
Postal Code	V3M 0L5
Gross Taxes	$2,203.82
Zoning	CD

Property Timeline

Status	Date	Price
R3166635 / Active	09-14-2026	$448,800

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'4 x 10'4 ft
Main Level	Kitchen	10'3 x 10'3 ft
Main Level	Bedroom	10'11 x 10'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3

Listed by: Real Broker

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: 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: 9
Median ask: $599K
Median $/sqft: $827
Days on market: 61
Sold, past year: 9

This home

$856/sqft, 3.5% above the building median of $827.

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.

Map, sell speed & climate

SkyTrain 0.21 km · crime average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (61 nearby)

Bunches & blooms · 130 m · Florist
New westminster station · 143 m · Post Office
Mon chéri salon and spa · 144 m · Hairdresser

Restaurants (54 nearby)

The boathouse · 21 m · Restaurant
Las shilas mexican street food vancouver · 25 m · Restaurant
Longtail kitchen · 123 m · Restaurant

Cafes (22 nearby)

Craft cafe · 28 m · Cafe
Ninja bubble tea · 154 m · Cafe
Starbucks · 168 m · Cafe

Groceries (17 nearby)

Paddlewheeler liquor store · 93 m · Beverages
Pamola bakery · 140 m · Bakery
Cake it easy · 153 m · Bakery

Healthcare (4 nearby)

Shoppers drug mart · 149 m · Healthcare
Imperial pharmacy · 207 m · Healthcare
Pharmasave · 320 m · Healthcare

Transit (3 nearby)

Skytrain @ new westminster stn station · 207 m · Transit
Skytrain @ columbia stn station · 787 m · Transit
Bus stop northbound 12 st @ 3rd ave · 979 m · Transit

Parks & Recreation (1 nearby)

Play area · 150 m · Playground

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

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $438,992

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

55 DOM

Average

Quay avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

1803 988 Quayside Drive has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.2% above comparable active properties in Quay. 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 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.

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 632 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 698 m
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 814 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 933 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 2.19 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.26 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 2.36 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 1803 988 Quayside Dr, New Westminster, BC

1803 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

1803 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 1803 988 Quayside Drive

Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,364/month · rent estimate $1,849/month · owning catches up with renting by year 4 · cash flow if rented −$659/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 1803 988 Quayside Drive

$2,364 /month

Principal & Interest $1,809

Property Taxes $184

Maintenance fee $371

The estimated monthly cost of 1803 988 Quayside Drive, New Westminster is $2,364: $1,809 principal and interest with 20% down over 30 years at 4.45%, plus $184 property tax and $371 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

−$659 /month

Mortgage Payment $1,809

Monthly Cash Flow −$659

Break Even Down Payment 50%

Cap Rate -1.8%

Cash on Cash -8.8%

If 1803 988 Quayside Drive, New Westminster were rented at $1,849 a month with 5% vacancy, it would fall $659 a month short of the mortgage and carrying costs; about 50% 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 1803 988 Quayside Drive, New Westminster

$1,849 / month

Rent $1,849

Own $2,364

Principal: $582/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: ~$487/mo (year 1) → ~$1,132/mo (year 20) → ~$1,689/mo (year 29).

Net cost to own at year 5 ~$1,782/mo About $67/mo less than renting

EstateBlock estimates 1803 988 Quayside Drive, New Westminster would rent for about $1,849 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: 1803 988 Quayside Drive

Rent vs own

Owning catches up by year 4

With 20% down ($89,760) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $31,995

Principal paid off by year 10 $71,947

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.

Renting 1803 988 Quayside Drive, New Westminster is cheaper at first, but owning catches up by year 4, with $31,995 of principal paid off by year 5 and $71,947 by year 10.