1906 988 Quayside Dr, New Westminster BC V3M 0L5 – Condo for Sale – MLS® R3154112

1906 988 Quayside Drive, New Westminster, British Columbia V3M 0L5

93 days on the market
$495,000
Est. monthly cost $2,581/mo
Updated with MLS® -
1 Beds
1 Baths
554 sqft
894 $ /sqft
394.22 $ Maint. fee
2019 built
93 days on the market
$495,000
Est. $2,581/mo with 20% down
Updated with MLS® -

Property Details for 1906 988 Quayside Drive

Waterfront living at RiverSky II by BOSA! High on the 19th floor, this mint-condition, NE-facing 1-bedroom home boasts bright morning light and stunning, expansive views of the Fraser River and city skyline. Relax on your huge balcony and soak in the mesmerizing river scenery! Features smart BOSA Space™ innovations: an expandable dinette seating 8 and sliding TV millwork with a hidden guest Murphy bed. Open chef's kitchen with a gas range & integrated appliances. Enjoy resort amenities: concierge, gym, yoga studio & fireside lounge. Prime location within easy walking distance to the river, boardwalk, Quay & SkyTrain. Includes 1 parking & 1 locker.

Building Details

Price $495,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 554
Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $394.22
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Interior Features

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

Exterior Features

Exterior Features Garden, Playground, Balcony
View Description water view
Roof Other
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3154112
Area New Westminster
Neighbourhood Quay
City New Westminster
Postal Code V3M 0L5
Gross Taxes $2,299.83
Zoning CD

Property Timeline

Status Date Price
R3154112 / Active 08-10-2026 $495,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'3 x 12'3 ft
Main Level Kitchen 12'4 x 12'4 ft
Main Level Bedroom 12'10 x 12'10 ft
Main Level Foyer 5'8 x 5'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Sutton Group - Vancouver First 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: 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
$812
Days on market
64
Sold, past year
9
This home

$894/sqft, 10.1% above the building median of $812.

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

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 46/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (61 nearby)

  • Mon chéri salon and spa · 118 m · Hairdresser
  • New westminster station · 154 m · Post Office
  • Shoppers drug mart · 161 m · Pharmacy

Restaurants (54 nearby)

  • Las shilas mexican street food vancouver · 43 m · Restaurant
  • The boathouse · 66 m · Restaurant
  • Chicko chicken · 133 m · Fast Food

Cafes (23 nearby)

  • Craft cafe · 46 m · Cafe
  • Gong cha · 141 m · Cafe
  • Serious coffee · 151 m · Cafe

Groceries (17 nearby)

  • Paddlewheeler liquor store · 131 m · Beverages
  • Ins market · 144 m · Convenience
  • Cake it easy · 153 m · Bakery

Healthcare (4 nearby)

  • Shoppers drug mart · 161 m · Healthcare
  • Imperial pharmacy · 175 m · Healthcare
  • Pharmasave · 277 m · Healthcare

Transit (3 nearby)

  • Skytrain @ new westminster stn station · 214 m · Transit
  • Skytrain @ columbia stn station · 812 m · Transit
  • Bus stop southbound 6th st @ 3rd ave · 968 m · Transit

Parks & Recreation (1 nearby)

  • Play area · 137 m · Playground

Private Schools

Elementary,Secondary
Compass Christian New West
Average 0.7 km 6.4/10
Secondary
Purpose Independent Secondary School
Average 0.32 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

46 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $438,447
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
93 DOM
Slower than area
Quay avg
50 DOM
Average
New Westminster avg
50 DOM
Faster market

1906 988 Quayside Drive has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.9% 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

318 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

—
4.8 / 10

Distance

398 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

—
N/A

Distance

573 m

Fraser River Middle

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

610 m

Compass Christian New West

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

702 m

Al-Hidayah School

Independent

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

817 m

John Knox Christian - Secondary Campus

Independent

Grades Served

—

Catchment Info

—
9.2 / 10

Distance

889 m

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

1.74 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.9 / 10

Distance

1.94 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

—
6.7 / 10

Distance

2.10 KM

Sigma

Public

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.14 KM

Ecole Glenbrook Middle School

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

2.18 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.26 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

2.29 KM

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

—
N/A

Distance

2.36 KM

New Westminster Online Schools

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.37 KM

New Westminster Continuing Education

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.38 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.44 KM

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.46 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.5 / 10

Distance

2.50 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

—
6.5 / 10

Distance

2.73 KM

F W Howay Elementary

Public

Grades Served

—

Catchment Info

—
7.8 / 10

Distance

2.94 KM

Pre-computed routes from 1906 988 Quayside Dr, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    35 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    17 min
  • SFU Burnaby via New Westminster → Production Way
    15 min
  • Richmond Centre via New Westminster → Brighouse
    60 min
  • YVR Airport via New Westminster → YVR-Airport
    61 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

1906 988 Quayside Dr, New Westminster, BC is ideally located for commuters. The property is 0.2 km from New Westminster, with a 35 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 1906 988 Quayside Drive

Walk Score Badge
Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,581/month · rent estimate $2,039/month · owning catches up with renting by year 2 · cash flow if rented −$701/month

Mortgage Calculator for 1906 988 Quayside Drive

30-year fixed
$2,581 /month
Principal & Interest $1,995
Property Taxes $192
Maintenance fee $394

The estimated monthly cost of 1906 988 Quayside Drive, New Westminster is $2,581: $1,995 principal and interest with 20% down over 30 years at 4.45%, plus $192 property tax and $394 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

−$701 /month
Mortgage Payment $1,995
Monthly Cash Flow −$701
Break Even Down Payment 49%
Cap Rate -1.7%
Cash on Cash -8.5%

If 1906 988 Quayside Drive, New Westminster were rented at $2,039 a month with 5% vacancy, it would fall $701 a month short of the mortgage and carrying costs; about 49% 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 1906 988 Quayside Drive, New Westminster

$2,039 / month
Rent $2,039
Own $2,581
Principal: $642/mo Interest, tax, insurance, fees: $1,939/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$537/mo (year 1) → ~$1,249/mo (year 20) → ~$1,863/mo (year 29).

Net cost to own at year 5 ~$1,939/mo About $100/mo less than renting

EstateBlock estimates 1906 988 Quayside Drive, New Westminster would rent for about $2,039 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: 1906 988 Quayside Drive

Rent vs own

Owning catches up by year 2

With 20% down ($99,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $35,289
Principal paid off by year 10 $79,353

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 1906 988 Quayside Drive, New Westminster is cheaper at first, but owning catches up by year 2, with $35,289 of principal paid off by year 5 and $79,353 by year 10.

Price vs Neighbourhood Average — Quay, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $495,000
New Westminster Loading...
Quay Loading...

Based on 23 comparable active apartments/condos in Quay, the average asking price is $438,447. This listing is priced 12.9% above 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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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 1906 988 Quayside Drive

Walk Score Badge
Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

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