425 3 Rialto Court, New Westminster BC - Apartment/Condo for Sale - MLS# R3154495

27 days on the market
$599,000
Est. Mortgage $2,650/mo
Listing updated:
EstateBlock checked:
Murano Lofts
2 Beds
2 Baths
1159 sqft
517 $ /sqft
638.98 $ Maint. fee
1992 built
27 days on the market
$599,000
Est. $2,650/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 425 3 Rialto Court

Live by the water at the New Westminster Quay! This bright and spacious 2 bed, 2 bath home offers over 1,100 sq ft of comfortable living. With 2 PARKING STALLS (Much needed at the Quay!). The kitchen features stainless steel appliances and a large pantry, perfect for extra storage. Enjoy a functional layout with generous closet space throughout and the convenience of in-suite laundry. Relax on your private balcony overlooking the peaceful courtyard with serene lagoon views. A perfect blend of space, storage, and waterfront lifestyle!

Interior Features

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

Exterior Features

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

Building Details

Price $599,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1159
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Name Murano Lofts
Ownership Type Freehold Strata
Maintenance Fee $638.98
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Lot & Land

MLS® # R3154495
Area New Westminster
Neighbourhood Quay
City New Westminster
Postal Code V3M 6P2
Gross Taxes $3,015.53
Zoning RMW-2A

Property Timeline

Status Date Price
R3154495 / Active 08-10-2026 $599,000
to view full Property History (4 earlier records)
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 11'10 x 11'10 ft
Main Level Bedroom 8'3 x 8'3 ft
Main Level Living Room 14'9 x 14'9 ft
Main Level Dining Room 14'9 x 14'9 ft
Main Level Kitchen 11'10 x 11'10 ft
Main Level Foyer 4'2 x 4'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Stonehaus Realty Corp.

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

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 0.39 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 0.39 km 10/10

Closest Transit

Bus Stop
Northbound Renaissance Square @ Quayside Dr
0.14 km
Skytrain
Skytrain @ New Westminster Stn
1.03 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
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

62 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $676,870
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.03 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How QUAY compares
This property
27 DOM
Average
Quay avg
30 DOM
Average
New Westminster avg
30 DOM
Slower market

425 3 Rialto Court has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13% below comparable active properties in Quay, 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 may take several weeks to attract serious offers.

Climate Risk for V3M 6P2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 6P2, 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 (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~3.8 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 (31 nearby)

  • Dan's diner · 481 m · Restaurant
  • Rozzini's · 561 m · Restaurant
  • Boston pizza · 596 m · Restaurant

Shopping (20 nearby)

  • Peonies fine flowers · 485 m · Florist
  • Big box outlet · 667 m · Clothes
  • New west cleaners · 671 m · Laundry

Cafes (8 nearby)

  • Living tree foods · 576 m · Cafe
  • Starbucks · 693 m · Cafe
  • Serious coffee · 809 m · Cafe

Groceries (7 nearby)

  • Steel & oak tasting room · 287 m · Beverages
  • Bc liquor · 531 m · Beverages
  • Arnies grocery · 716 m · Convenience

Healthcare (2 nearby)

  • Pharmasave · 689 m · Healthcare
  • Imperial pharmacy · 842 m · Healthcare

Parks & Recreation (1 nearby)

  • Play area · 935 m · Playground

Transit (1 nearby)

  • Bus stop northbound 8th st @ 3rd ave · 998 m · Transit

Schools NearBy

24 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

389 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

565 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

801 m

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

943 m

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

1.13 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.29 KM

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

1.31 KM

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

1.38 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.40 KM

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

0

Distance

1.74 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.81 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.90 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

1.92 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.03 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

6.5 / 10

Distance

2.06 KM

Connaught Heights Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

2.12 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

2.15 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.16 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.46 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.58 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.75 KM

Our Lady of Mercy

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

2.91 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

2.96 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

3.5 / 10

Distance

2.99 KM

Pre-computed routes from 425 3 Rialto Court, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    44 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    26 min
  • SFU Burnaby via New Westminster → Production Way
    24 min
  • Richmond Centre via New Westminster → Brighouse
    69 min
  • YVR Airport via New Westminster → YVR-Airport
    70 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
    19 min
  • YVR Airport via Bridgeport / Sea Island
    22 min

Calculate your commute

425 3 Rialto Court, New Westminster, BC is ideally located for commuters. The property is 1.0 km from New Westminster, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Renaissance Square @ Quayside Dr (0.14 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 425 3 Rialto Court

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 425 3 Rialto Court

/month
Principal & Interest
Property Taxes $251
Maintenance fee 638.98
A 20% down payment of $119,800 on this $599,000 listing yields an estimated mortgage of $2,288/month (30-year fixed, 4%). Total estimated housing cost: $3,178/month, $251 property tax, $639 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 $2,227/month in estimated rental income against $3,237/month in mortgage payments, the monthly cashflow is -$1,010/month. A 56% 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 425 3 Rialto Court, 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 — Quay, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $599,000
New Westminster Loading...
Quay Loading...

Based on 9 comparable active apartments/condos in Quay, the average asking price is $688,511. This listing is priced 13% below the neighbourhood average.

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 425 3 Rialto Court

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

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