Home New Westminster, BC Queensborough Portage 208 262 Salter Street

208 262 Salter St, New Westminster BC V3M 0J6 – Condo for Sale – MLS® R3168193

208 262 Salter Street, New Westminster, British Columbia V3M 0J6

New Westminster Condos for Sale

50 days on the market

$639,900

Est. monthly cost $3,342/mo

Updated with MLS® - Nov 11, 2026 at 03:45pm

2 Beds

2 Baths

931 sqft

687 $ /sqft

501.66 $ Maint. fee

2016 built

OPEN HOUSE

Photos

This is the unit you've been waiting for! Portage by Aragon on Salter St. THE perfect 2 bedroom Quensborough unit! Modern, stylish finishes with unbeatable layout (see floor plan) in this quintessential Salter St. building. Each bedroom comes with double sided closets, & stunning 5 piece and 4 piece ensuites. Tons of high quality built in storage throughout. Large, open, & well equipped kitchen (built in Bosch coffee machine), plenty of space for your dining room, big living room with fireplace, & balcony with ideal quiet courtyard view. Gym on first floor, 1 parking/1 storage, steps away from 2.5KM waterfront walk & ferry to the Quay. You will not find a more lovingly kept, stylish/functional unit (great value like new but no GST). Don't miss this one!!

Open houses

14 Nov, 2026 (02:00 PM to 04:00 PM)

Building 23 fields Inside & out 13 fields Lot & land 8 fields

Building Details

Price	$639,900
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	931
Year Built	2016
Age Of Building	10
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$501.66
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, 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
Total Parking Spaces	1
Strata Restrictions	No Restrictions

Interior Features

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

Exterior Features

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

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3168193
Area	New Westminster
Neighbourhood	Queensborough
City	New Westminster
Postal Code	V3M 0J6
Gross Taxes	$3,128.99
Zoning	CD-51

Property Timeline

Status	Date	Price
R3168193 / Active	09-22-2026	$639,900

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Living Room	11'5 x 11'5 ft
Main Level	Dining Room	11'10 x 11'10 ft
Main Level	Kitchen	12'9 x 12'9 ft
Main Level	Foyer	9'8 x 9'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	Yes	#4

Listed by: McCarthy Properties Ltd.

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: Portage

262 Salter Street, Queensborough, New Westminster

Portage building details

Building

Built: 2015
Homes: 111 in 4 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: EPS2586
Managed by: Tribe Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: WaterSnow removalSewerRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Portage

For sale: 5
Median ask: $505K
Median $/sqft: $727
Days on market: 41
Sold, past year: 7

This home

$687/sqft, 5.5% below the building median of $727.

Homes for sale at Portage, New Westminster Recent sold listings in Portage, New Westminster

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

Map, sell speed & climate

SkyTrain 1.55 km · New Westminster Secondary School 6.7/10 · 2.75 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

Restaurants (2 nearby)

Rozzini's · 404 m · Restaurant
Epic grill silogs · 688 m · Restaurant

Shopping (1 nearby)

Sue's hair salon · 978 m · Hairdresser

Transit (1 nearby)

Bus stop westbound ewen ave @ wood st · 976 m · Transit

Public Schools

Secondary
New Westminster Secondary School: Average 2.75 km 6.7/10
Middle
Queensborough Middle School: 1.03 km
Elementary
Queen Elizabeth Elementary School: Average 1.41 km 6.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 1.33 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 1.33 km 10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave: 0.4 km
Skytrain
Skytrain @ New Westminster Stn: 1.55 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28%
No Certificate/Degree: Average 14.6%
Owner Occupied: Above Average 82.9%
Employment Rate: Above Average 66.9%

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

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $631,555

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.55 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How QUEENSBOROUGH compares

This property

50 DOM

Average

Queensborough avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

208 262 Salter Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.3% above comparable active properties in Queensborough. 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 0J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0J6, 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 A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~4.1 km). Annual avg AQHI 2.1 — 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

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info In Catchment	N/A	Distance 1.03 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 1.23 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.33 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info In Catchment	6.5 / 10	Distance 1.41 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 1.59 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.66 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.72 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.99 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.00 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 2.09 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.13 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.21 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.39 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.43 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info In Catchment	6.7 / 10	Distance 2.75 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.79 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.84 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.94 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.97 KM

Pre-computed routes from 208 262 Salter St, New Westminster, BC

208 262 Salter St, New Westminster, BC New Westminster 1.6 km

51 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
51 min
Metrotown, Burnaby via New Westminster → Metrotown
33 min
SFU Burnaby via New Westminster → Production Way
31 min
Richmond Centre via New Westminster → Brighouse
76 min
YVR Airport via New Westminster → YVR-Airport
77 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
8 min
Richmond Centre via No. 3 Rd
19 min
YVR Airport via Bridgeport / Sea Island
22 min

Calculate your commute

208 262 Salter St, New Westminster, BC is ideally located for commuters. The property is 1.6 km from New Westminster, with a 51 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.4 km). Walk Score Transit rating: Some Transit (33/100).

Walkability & Transit Near 208 262 Salter Street

Almost All Errands Require a Car 24

Walk Score - Almost All Errands Require a Car

Almost all errands require a car

Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,342/month · rent estimate $2,438/month · owning catches up with renting by year 13 · cash flow if rented −$1,078/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 208 262 Salter Street

$3,342 /month

Principal & Interest $2,579

Property Taxes $261

Maintenance fee $502

The estimated monthly cost of 208 262 Salter Street, New Westminster is $3,342: $2,579 principal and interest with 20% down over 30 years at 4.45%, plus $261 property tax and $502 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

−$1,078 /month

Mortgage Payment $2,579

Monthly Cash Flow −$1,078

Break Even Down Payment 54%

Cap Rate -2.0%

Cash on Cash -10.1%

If 208 262 Salter Street, New Westminster were rented at $2,438 a month with 5% vacancy, it would fall $1,078 a month short of the mortgage and carrying costs; about 54% 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 208 262 Salter Street, New Westminster

$2,438 / month

Rent $2,438

Own $3,342

Principal: $829/mo Interest, tax, insurance, fees: $2,513/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$694/mo (year 1) → ~$1,615/mo (year 20) → ~$2,408/mo (year 29).

Net cost to own at year 5 ~$2,513/mo About $75/mo more than renting

EstateBlock estimates 208 262 Salter Street, New Westminster would rent for about $2,438 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: 208 262 Salter Street

Rent vs own

Owning catches up by year 13

With 20% down ($127,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $45,619

Principal paid off by year 10 $102,582

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 208 262 Salter Street, New Westminster is cheaper at first, but owning catches up by year 13, with $45,619 of principal paid off by year 5 and $102,582 by year 10.