414 262 Salter St, New Westminster BC - Apartment/Condo for Sale - MLS# R3115365

133 days on the market
$849,999
Est. Mortgage $3,760/mo
Listing updated:
EstateBlock checked:
Portage By Aragon
3 Beds
3 Baths
1494 sqft
569 $ /sqft
725.93 $ Maint. fee
2016 built
5.5% price reduction
133 days on the market
$849,999
$899,900
Est. $3,760/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 414 262 Salter Street

5.5% price reduction

LIVE STRATA-FEE FREE FOR A YEAR! Enjoy 12 months of strata fees covered by the seller - a fantastic opportunity for buyers! Stunning 3 bed, 3 bath loft-style home across two levels. The open-concept kitchen is designed to impress, featuring high-end appliances, including a built-in coffee maker, and seamlessly connecting to the spacious living and dining areas - perfect for both everyday living and entertaining. The main level includes two bedrooms, 2 full bath including a primary suite with a 5-piece ensuite and NuHeat flooring. Upstairs, the versatile loft opens to a private rooftop patio. Includes ample storage, a separate locker, and two underground parking stalls. Ideally located in Queensborough near shops, Costco, restaurants, transit, and amenities. Come see it for yourself!

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description River
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $849,999
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1494
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 2
Building Amenities Bike Room, Exercise Centre, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Name Portage By Aragon
Ownership Type Freehold Strata
Maintenance Fee $725.93
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double, Guest
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 111

Lot & Land

MLS® # R3115365
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 0J6
Gross Taxes $4,189.44
Zoning CD-51

Property Timeline

Status Date Price
R3115365 / Active 04-23-2026 $849,999
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Kitchen 11'9 x 11'9 ft
Main Level Living Room 9'10 x 9'10 ft
Main Level Dining Room 8'3 x 8'3 ft
Main Level Primary Bedroom 16'1 x 16'1 ft
Main Level Bedroom 13'1 x 13'1 ft
Above Level Bedroom 15'1 x 15'1 ft
Above Level Loft 7'7 x 7'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #3
Above Level No #3

Listed by: The Agency White Rock & The Agency White Rock & The Agency White Rock

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

Public Schools

Secondary
New Westminster Secondary School
Average 2.75 km 6.7/10
Middle
Queensborough Middle School
1.02 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

71 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $1,000,449
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
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
133 DOM
Slower than area
Queensborough avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market

414 262 Salter Street has a sell-speed score of 71/100, placing it in the "Expected to sell within weeks" band. The listing is priced 17.7% below comparable active properties in Queensborough, which is a strong competitive signal. 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 likely to sell within a few weeks.

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 (BC ENV 2024). 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.

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

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
0

Distance

1.02 KM

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

1.24 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

0

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

2.00 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

2.10 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 414 262 Salter St, New Westminster, BC

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

414 262 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 414 262 Salter Street

Walk Score Badge
Car-Dependent 25

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 414 262 Salter Street

/month
Principal & Interest
Property Taxes $349
Maintenance fee 725.93
A 20% down payment of $170,000 on this $849,999 listing yields an estimated mortgage of $3,246/month (30-year fixed, 4%). Total estimated housing cost: $4,321/month, $349 property tax, $726 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 $2,993/month in estimated rental income against $4,374/month in mortgage payments, the monthly cashflow is -$1,380/month. A 55% 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 414 262 Salter Street, New Westminster

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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 $849,999
New Westminster Loading...
Queensborough Loading...

Based on 3 comparable active apartments/condos in Queensborough, the average asking price is $1,032,667. This listing is priced 17.7% below the neighbourhood average. This property is flagged as a Hot Deal (5.5% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

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

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Walkability & Transit Near 414 262 Salter Street

Walk Score Badge
Car-Dependent 25

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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