Home New Westminster, BC Fraserview NW The Grove 207 240 Francis Way

207 240 Francis Way, New Westminster BC - Apartment/Condo for Sale - MLS# R3098407

180 days on the market

$459,000

Est. Mortgage $2,031/mo

Listing updated: Jul 27, 2026 at 10:15am

EstateBlock checked: Sep 6, 2026 at 03:45am

The Grove

1 Beds

1 Baths

680 sqft

675 $ /sqft

439.9 $ Maint. fee

2012 built

8.0% price reduction

180 days on the market

$459,000

$499,000

Est. $2,031/mo with 20% down

Listing updated: Jul 27, 2026 at 10:15am

EstateBlock checked: Sep 6, 2026 at 03:45am

Photos

Exterior Front Photo of 207 240 Francis Way, New Westminster, BC

Exterior Rear Photo of 207 240 Francis Way, New Westminster, BC

Living Room Photo of 207 240 Francis Way, New Westminster, BC

Family Room Photo of 207 240 Francis Way, New Westminster, BC

Dining Area Photo of 207 240 Francis Way, New Westminster, BC

Kitchen Photo of 207 240 Francis Way, New Westminster, BC

Kitchen Island Photo of 207 240 Francis Way, New Westminster, BC

Pantry Photo of 207 240 Francis Way, New Westminster, BC

Breakfast Nook Photo of 207 240 Francis Way, New Westminster, BC

Primary Bedroom Photo of 207 240 Francis Way, New Westminster, BC

Located in the highly desirable Victoria Hill community, this 1 bed 1 bath unit in The Grove is in excellent condition and features a spacious, practical layout with a large bedroom and well-sized walk-in closet. A functional kitchen with SS appliances and granite countertops makes cooking easy. The unit overlooks some greenery with a generous sized balcony providing a peaceful retreat. In addition to access to the community's Boiler House Amenity Centre, residents are just minutes from Queen's Park, Glenbrook Ravine Park, the nearby aquatic and community centre, and local shopping. With easy access to major routes and just minutes from Columbia SkyTrain Station, this home offers stress-free commuting and city living. The unit comes with 1 parking and ready to move in.

Interior Features

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

Exterior Features

Exterior Features	Garden, Balcony
Roof	Asphalt
Structures	Multi Family, Residential Attached

Building Details

Price	$459,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	680
Year Built	2012
Age Of Building	14
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name	The Grove
Ownership Type	Freehold Strata
Maintenance Fee	$439.9
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Yes With Restrictions
Rental Suites	None

Lot & Land

MLS^® #	R3098407
Area	New Westminster
Neighbourhood	Fraserview NW
City	New Westminster
Postal Code	V3L 0E5
Gross Taxes	$2,304.2
Zoning	RM-5A

Property Timeline

Status	Date	Price
R3098407 / Active	03-10-2026	$459,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'8 x 14'8 ft
Main Level	Dining Room	8'9 x 8'9 ft
Main Level	Kitchen	8'11 x 8'11 ft
Main Level	Bedroom	12'5 x 12'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Sutton Group - 1st West Realty & Sutton Group - 1st West 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.

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School: Average 1.25 km 4/10
Elementary,Secondary
Compass Christian New West: Average 1.34 km 6.4/10

Closest Transit

Bus Stop
Northbound Ross Dr @ 200 Block: 0.1 km
Skytrain
Skytrain @ Columbia Stn: 1.21 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 33.6%
No Certificate/Degree: Below Average 9.3%
Owner Occupied: Average 62.7%
Employment Rate: Below Average 52.2%

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: Possible

Sell Speed & Competition

59 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $449,820

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.21 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 FRASERVIEW NW compares

This property

180 DOM

Slower than area

Fraserview NW avg

30 DOM

Average

New Westminster avg

30 DOM

Faster market

207 240 Francis Way has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2% above comparable active properties in Fraserview NW. 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 0E5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 0E5, 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 (~1.4 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 (2 nearby)

L'onore pizza · 99 m · Restaurant
Victoria sushi · 160 m · Restaurant

Groceries (1 nearby)

Victoria hill market · 147 m · Convenience

Cafes (1 nearby)

Mira caffe · 105 m · Cafe

Transit (1 nearby)

Bus stop northbound 2nd st @ 5th ave · 995 m · Transit

Schools NearBy

25 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 382 m
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 983 m
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.14 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 1.25 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 1.32 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.34 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.59 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.68 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.68 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 1.82 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.04 KM
Urban Academy Junior	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.05 KM
Urban Academy Senior	Independent	Grades Served —	Catchment Info —	8.8 / 10	Distance 2.05 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.06 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.10 KM
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.11 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 2.12 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.14 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.18 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.27 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 2.30 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.34 KM
St.Michaels School	Independent	Grades Served K-7	Catchment Info —	0	Distance 2.38 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.59 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.84 KM

Pre-computed routes from 207 240 Francis Way, New Westminster, BC

207 240 Francis Way, New Westminster, BC Columbia 1.2 km

48 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Columbia → Waterfront
48 min
Metrotown, Burnaby via Columbia → Metrotown
30 min
SFU Burnaby via Columbia → Production Way
28 min
Richmond Centre via Columbia → Brighouse
73 min
YVR Airport via Columbia → YVR-Airport
74 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
5 min
Richmond Centre via No. 3 Rd
22 min
YVR Airport via Bridgeport / Sea Island
25 min

Calculate your commute

207 240 Francis Way, New Westminster, BC is ideally located for commuters. The property is 1.2 km from Columbia, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Ross Dr @ 200 Block (0.1 km). Walk Score Transit rating: Good Transit (58/100).

Walkability & Transit Near 207 240 Francis Way

Car-Dependent 58

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 53

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 207 240 Francis Way

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $192

Maintenance fee 439.9

Based on a 30-year fixed at 4% interest with 20% down ($91,800), the estimated monthly payment for this listing is $2,385/month — $1,753 principal & interest, $192 property tax, $440 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: Jul 27, 2026

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

At an estimated rental income of $1,796/month, this property runs a $641/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.

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

Estateblock Rent Estimate for 207 240 Francis Way, New Westminster

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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.