404 260 Salter St, New Westminster BC - Apartment/Condo for Sale - MLS# R3062948

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Listing updated:
EstateBlock checked:
Portage
2 Beds
2 Baths
1093 sqft
755 $ /sqft
556.45 $ Maint. fee
2015 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Queen Elizabeth Elementary School
Average 1.43 km 6.1/10
Middle
Queensborough Middle School
1.05 km
Secondary
New Westminster Secondary School
2.74 km

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

Private Schools

Elementary, Secondary
Urban Academy
Above Average 2.39 km 8.9/10
Secondary
Purpose Independent Secondary School
1.64 km

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

52 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $798,998
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
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
114 DOM
Slower than area
Queensborough avg
50 DOM
Average
New Westminster avg
50 DOM
Faster market

404 260 Salter Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.1% 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 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.

Nearby Restaurants, Cafes & Shops

Mortgage Calculator for 404 260 Salter Street

/month
Principal & Interest
Property Taxes $296
Maintenance fee 556.45
A 20% down payment of $164,980 on this $824,900 listing yields an estimated mortgage of $3,151/month (30-year fixed, 4%). Total estimated housing cost: $4,003/month, $296 property tax, $556 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,905/month in estimated rental income against $4,055/month in mortgage payments, the monthly cashflow is -$1,150/month. A 50% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 404 260 Salter 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.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home
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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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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