Home New Westminster, BC Downtown NW Westminster Towers 405 55 Tenth Street

405 55 Tenth St, New Westminster BC V3M 6R5 – Condo for Sale – MLS® R3136275

405 55 Tenth Street, New Westminster, British Columbia V3M 6R5

New Westminster Condos for Sale

150 days on the market

$379,000

Est. monthly cost $2,004/mo

Updated with MLS® - Nov 12, 2026 at 06:45pm

Westminster Towers

1 Beds

1 Baths

598 sqft

634 $ /sqft

321 $ Maint. fee

1993 built

Photos

Priced sharply in the heart of Downtown New West, this 1 bedroom corner home offers exceptional value for first-time buyers, investors, and renovators. Offering nearly 600 sq. ft. of living space, the open floor plan and large windows make this home feel bright and spacious. A great opportunity to build equity and add your own personal touches over time. Pet lovers will appreciate this pet-friendly building with NO size restrictions for dogs, making it easy to bring your furry companion(s) along. Currently tenanted, this home is conveniently located just steps from transit, Columbia Street, The Quay, Douglas College, Save-On-Foods, cafés, Pier Park, restaurants, and more- there's no need for a car. Well-managed building with low maintenance fees.

Building 24 fields Inside & out 11 fields Lot & land 8 fields

Building Details

Price	$379,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	598
Year Built	1993
Age Of Building	33
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name	Westminster Towers
Ownership Type	Freehold Strata
Maintenance Fee	$321
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Heating Type	Baseboard
# of Kitchens	1
Flooring	Laminate, Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3136275
Area	New Westminster
Neighbourhood	Downtown NW
City	New Westminster
Postal Code	V3M 6R5
Gross Taxes	$1,870.41
Zoning	C-4

Property Timeline

Status	Date	Price
R3136275 / Active	06-15-2026	$379,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	7'6 x 7'6 ft
Main Level	Kitchen	7'6 x 7'6 ft
Main Level	Living Room	15'6 x 15'6 ft
Main Level	Primary Bedroom	13'2 x 13'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Oakwyn Realty 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: Westminster Towers

828 Agnes Street, Downtown NW, New Westminster

Westminster Towers building details

Building

Built: 1993
Homes: 298
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS729
Managed by: First Service Residential
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Westminster Towers

For sale: 6
Median ask: $527K
Median $/sqft: $672
Days on market: 89
Sold, past year: 2

This home

$634/sqft, 5.7% below the building median of $672.

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

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

Map, sell speed & climate

SkyTrain 0.23 km · crime average · sell-speed score 54/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (66 nearby)

April nail spa · 28 m · Beauty Shop
Imperial pharmacy · 41 m · Pharmacy
Bmo · 58 m · Bank

Restaurants (56 nearby)

The tannenbaum restaurant · 48 m · Restaurant
Burger heaven · 57 m · Restaurant
Chungchun · 68 m · Fast Food

Cafes (23 nearby)

Serious coffee · 46 m · Cafe
Gong cha · 55 m · Cafe
Starbucks · 112 m · Cafe

Groceries (19 nearby)

Best season produce · 35 m · Greengrocer
Ins market · 50 m · Convenience
Cake it easy · 179 m · Bakery

Healthcare (4 nearby)

Imperial pharmacy · 41 m · Healthcare
Pharmasave · 113 m · Healthcare
Shoppers drug mart · 218 m · Healthcare

Transit (3 nearby)

Skytrain @ new westminster stn station · 230 m · Transit
Skytrain @ columbia stn station · 830 m · Transit
Bus stop northbound 12 st @ 4th ave · 949 m · Transit

Parks & Recreation (1 nearby)

Play area · 135 m · Playground

Private Schools

Elementary,Secondary
Compass Christian New West: Average 0.63 km 6.4/10
Secondary
Purpose Independent Secondary School: Average 0.33 km 4/10

Closest Transit

Bus Stop
Eastbound Carnarvon St @ Quayside Dr: 0.04 km
Skytrain
Skytrain @ New Westminster Stn: 0.23 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: Possible
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

54 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $377,333

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN NW compares

This property

150 DOM

Slower than area

Downtown NW avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

405 55 Tenth Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.4% above comparable active properties in Downtown NW. 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 6R5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 6R5, 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

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 242 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 334 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 390 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 447 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 631 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 716 m
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 736 m
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.55 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.81 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.92 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.96 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.07 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.09 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.20 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.26 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.27 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.33 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	N/A	Distance 2.35 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.46 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.68 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.71 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.81 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.85 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.88 KM

Pre-computed routes from 405 55 Tenth St, New Westminster, BC

405 55 Tenth St, New Westminster, BC New Westminster 0.2 km

35 min

Downtown Vancouver Waterfront Station

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
20 min
Metrotown, Burnaby via Lougheed Hwy
8 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

405 55 Tenth St, 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 Eastbound Carnarvon St @ Quayside Dr (0.04 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 405 55 Tenth Street

Walker's Paradise 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat Bikeable 46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,004/month · rent estimate $1,561/month · owning catches up with renting by year 5 · cash flow if rented −$565/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 405 55 Tenth Street

$2,004 /month

Principal & Interest $1,527

Property Taxes $156

Maintenance fee $321

The estimated monthly cost of 405 55 Tenth Street, New Westminster is $2,004: $1,527 principal and interest with 20% down over 30 years at 4.45%, plus $156 property tax and $321 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

−$565 /month

Mortgage Payment $1,527

Monthly Cash Flow −$565

Break Even Down Payment 50%

Cap Rate -1.8%

Cash on Cash -8.9%

If 405 55 Tenth Street, New Westminster were rented at $1,561 a month with 5% vacancy, it would fall $565 a month short of the mortgage and carrying costs; about 50% 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 405 55 Tenth Street, New Westminster

$1,561 / month

Rent $1,561

Own $2,004

Principal: $491/mo Interest, tax, insurance, fees: $1,513/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$411/mo (year 1) → ~$956/mo (year 20) → ~$1,426/mo (year 29).

Net cost to own at year 5 ~$1,513/mo About $48/mo less than renting

EstateBlock estimates 405 55 Tenth Street, New Westminster would rent for about $1,561 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: 405 55 Tenth Street

Rent vs own

Owning catches up by year 5

With 20% down ($75,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $27,019

Principal paid off by year 10 $60,757

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 405 55 Tenth Street, New Westminster is cheaper at first, but owning catches up by year 5, with $27,019 of principal paid off by year 5 and $60,757 by year 10.