Home New Westminster, BC Fraserview NW Gatehouse Place 402 60 Richmond Street

402 60 Richmond St, New Westminster BC - Apartment/Condo for Sale - MLS# R3139116

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Listing updated: Sep 26, 2026 at 01:04am

EstateBlock checked: Oct 7, 2026 at 04:45am

Gatehouse Place

1 Beds

1 Baths

860 sqft

592 $ /sqft

442.97 $ Maint. fee

1993 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Sep 26, 2026 at 01:04am

EstateBlock checked: Oct 7, 2026 at 04:45am

Photo

About the building: Gatehouse Place

68 Richmond Street, Fraserview NW, New Westminster

Gatehouse Place building details

Building

Built: 1992
Homes: 125
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS284
Managed by: Quay Pacific
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Gatehouse Place

For sale: 5
Median ask: $519K
Median $/sqft: $585
Days on market: 48
Sold, past year: 7

This home

$592/sqft, 1.2% above the building median of $585.

Homes for sale at Gatehouse Place, New Westminster Recent sold listings in Gatehouse Place, New Westminster

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

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School: Average 1.59 km 4/10
Elementary,Secondary
Compass Christian New West: Average 1.68 km 6.4/10

Closest Transit

Bus Stop
Southbound Richmond St @ Miner St: 0.1 km
Skytrain
Skytrain @ Sapperton Stn: 0.94 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

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $517,539

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.94 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

66 DOM

Slower than area

Fraserview NW avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

402 60 Richmond Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.7% below comparable active properties in Fraserview NW, 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 V3L 5R7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5R7, 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 (~1.1 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 (6 nearby)

L'onore pizza · 366 m · Restaurant
Victoria sushi · 479 m · Restaurant
Quesada · 788 m · Fast Food

Groceries (3 nearby)

Victoria hill market · 470 m · Convenience
Save-on-foods · 802 m · Supermarket
Bak'd cookies · 891 m · Bakery

Shopping (3 nearby)

Shoppers drug mart · 868 m · Pharmacy
Royal city · 874 m · Post Office
Pure integrative pharmacy · 957 m · Pharmacy

Cafes (3 nearby)

Mira caffe · 348 m · Cafe
Take five cafe · 769 m · Cafe
Corner cafe · 906 m · Cafe

Healthcare (2 nearby)

Shoppers drug mart · 868 m · Healthcare
Pure integrative pharmacy · 957 m · Healthcare

Transit (2 nearby)

Skytrain @ sapperton stn station · 935 m · Transit
Bus stop northbound cumberland st @ e 7th ave · 998 m · Transit

Schools NearBy

26 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 109 m
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.08 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 1.08 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.32 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.52 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 1.59 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.68 KM
Urban Academy Junior	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.71 KM
Urban Academy Senior	Independent	Grades Served —	Catchment Info —	8.8 / 10	Distance 1.71 KM
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 1.79 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 1.95 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.01 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 2.02 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.05 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.09 KM
St.Michaels School	Independent	Grades Served K-7	Catchment Info —	N/A	Distance 2.10 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 2.15 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.29 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.30 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.38 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 2.46 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.60 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 2.63 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.78 KM
Alderson Elementary	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 2.88 KM
Our Lady of Fatima	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.95 KM

Pre-computed routes from 402 60 Richmond St, New Westminster, BC

402 60 Richmond St, New Westminster, BC Sapperton 0.9 km

45 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Sapperton → Waterfront
45 min
Metrotown, Burnaby via Sapperton → Metrotown
27 min
SFU Burnaby via Sapperton → Production Way
21 min
Richmond Centre via Sapperton → Brighouse
70 min
YVR Airport via Sapperton → YVR-Airport
71 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

402 60 Richmond St, New Westminster, BC is ideally located for commuters. The property is 0.9 km from Sapperton, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Richmond St @ Miner St (0.1 km). Walk Score Transit rating: Good Transit (67/100).

Walkability & Transit Near 402 60 Richmond Street

Car-Dependent 59

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 67

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 55

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 402 60 Richmond Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $215

Maintenance fee 442.97

Financing 80% of the $508,888 asking price over 30 years at 4% results in approximately $2,602/month in total estimated carrying costs, $215 property tax, $443 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

This listing generates an estimated $1,891/month in rental income, leaving a -$761/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.

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

Estateblock Rent Estimate for 402 60 Richmond Street, 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.