58 488 Furness St, New Westminster BC V3M 0M1 – Townhouse for Sale – MLS® R3166681

58 488 Furness Street, New Westminster, British Columbia V3M 0M1

52 days on the market
$799,000
Est. monthly cost $3,857/mo
Updated with MLS® -
2 Beds
3 Baths
1208 sqft
661 $ /sqft
297.91 $ Maint. fee
2023 built
52 days on the market
$799,000
Est. $3,857/mo with 20% down
Updated with MLS® -

Property Details for 58 488 Furness Street

EXCEPTIONAL VALUE UNDER $800,000! Discover this sun-filled CORNER townhome in the historic heart of Queensborough, just steps from the Fraser River waterfront and scenic riverside trails. Featuring 2 spacious bedrooms, a private 2-car garage, soaring vaulted ceilings in the primary bedroom and windows on three sides, this home is filled with natural light. Enjoy inviting indoor living and outdoor space perfect for entertaining. On-site daycare adds effortless family convenience. Costco, Walmart, shops and dining are minutes away, with vibrant Downtown New Westminster just across the river. A rare opportunity to own a stylish riverside home with space to live, grow and entertain!

Building Details

Price $799,000
Total Bedrooms 2
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1208
Year Built 2023
Age Of Building 3
Building Type Townhouse
Unit Style Corner unit
Property Type Residential
Architecture Style 3 Storey
Stories 3
Building Amenities Maintenance Grounds, Management, Sewer, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $297.91
Amenities Nearby Maintenance Grounds, Management, Sewer, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Septic Tank, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Rear Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None

Interior Features

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

Exterior Features

Exterior Features Playground, Balcony
View Description city view
Roof Asphalt
Structures Residential Attached

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3166681
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 0M1
Gross Taxes $4,071.62
Zoning CD-42

Property Timeline

Status Date Price
R3166681 / Active 09-17-2026 $799,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'2 x 14'2 ft
Main Level Dining Room 10'9 x 10'9 ft
Main Level Kitchen 8'8 x 8'8 ft
Above Level Primary Bedroom 11'10 x 11'10 ft
Above Level Bedroom 8'10 x 8'10 ft
Below Storage 3'0 x 3'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2

Listed by: Multiple 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: Portside

488 Furness Street, Queensborough, New Westminster

Portside building details

Building

Built
2023
Homes
170 in 3 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS6825
Managed by
Rancho
Parking
Grge/Double Tandem, Garage: Double
Lockers
Limited
Strata fee covers
Snow removalSewerManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Portside

For sale
5
Median ask
$900K
Median $/sqft
$661
Days on market
45
Sold, past year
4
This home

$661/sqft, in line with the building median of $661.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2028, structural to 2033.

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

Map, sell speed & climate

SkyTrain 1.41 km · New Westminster Secondary School 6.7/10 · 2.27 km · crime average · sell-speed score 43/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (2 nearby)

  • Rozzini's · 227 m · Restaurant
  • Epic grill silogs · 686 m · Restaurant

Groceries (1 nearby)

  • Steel & oak tasting room · 770 m · Beverages

Transit (1 nearby)

  • Bus stop eastbound quayside dr @ reliance court · 998 m · Transit

Public Schools

Secondary
New Westminster Secondary School
Average 2.27 km 6.7/10
Middle
Queensborough Middle School
1.18 km
Elementary
Queen Elizabeth Elementary School
Average 1.51 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 0.93 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 0.93 km 10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave
0.27 km
Skytrain
Skytrain @ 22Nd St Stn
1.41 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
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

43 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $783,833
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
52 DOM
Average
Queensborough avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

58 488 Furness Street has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 1.9% above comparable active properties in Queensborough. The local market is currently a Buyer's Market with a sales-to-active ratio of 8.1% and an area average of 51 days on market — buyers have more leverage. With 62 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3M 0M1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0M1, 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. Nearest station: North Delta, Delta (~4.6 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.

Schools NearBy

22 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

934 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

—
4.8 / 10

Distance

1.05 KM

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

In Catchment
N/A

Distance

1.18 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

—
N/A

Distance

1.34 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.44 KM

Fraser River Middle

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

1.49 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

In Catchment
6.5 / 10

Distance

1.51 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

—
4.0 / 10

Distance

1.59 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

1.71 KM

Compass Christian New West

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

1.83 KM

Al-Hidayah School

Independent

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

1.91 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.95 KM

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.24 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
6.7 / 10

Distance

2.27 KM

Sigma

Public

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.37 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.42 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.49 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.60 KM

New Westminster Continuing Education

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.63 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

2.65 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.9 / 10

Distance

2.70 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.5 / 10

Distance

2.91 KM

Pre-computed routes from 58 488 Furness St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    45 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    27 min
  • SFU Burnaby via 22nd Street → Production Way
    33 min
  • Richmond Centre via 22nd Street → Brighouse
    70 min
  • YVR Airport via 22nd Street → YVR-Airport
    71 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
    18 min
  • YVR Airport via Bridgeport / Sea Island
    22 min

Calculate your commute

58 488 Furness St, New Westminster, BC is ideally located for commuters. The property is 1.4 km from 22nd Street, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.27 km). Walk Score Transit rating: Good Transit (57/100).

Walkability & Transit Near 58 488 Furness Street

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Good Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Bikeable 55

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $3,857/month · rent estimate $2,962/month · owning catches up with renting by year 3 · cash flow if rented −$1,093/month

Mortgage Calculator for 58 488 Furness Street

30-year fixed
$3,857 /month
Principal & Interest $3,220
Property Taxes $339
Maintenance fee $298

The estimated monthly cost of 58 488 Furness Street, New Westminster is $3,857: $3,220 principal and interest with 20% down over 30 years at 4.45%, plus $339 property tax and $298 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

−$1,093 /month
Mortgage Payment $3,220
Monthly Cash Flow −$1,093
Break Even Down Payment 48%
Cap Rate -1.6%
Cash on Cash -8.2%

If 58 488 Furness Street, New Westminster were rented at $2,962 a month with 5% vacancy, it would fall $1,093 a month short of the mortgage and carrying costs; about 48% 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 58 488 Furness Street, New Westminster

$2,962 / month
Rent $2,962
Own $3,857
Principal: $1,036/mo Interest, tax, insurance, fees: $2,821/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$867/mo (year 1) → ~$2,016/mo (year 20) → ~$3,007/mo (year 29).

Net cost to own at year 5 ~$2,821/mo About $141/mo less than renting

EstateBlock estimates 58 488 Furness Street, New Westminster would rent for about $2,962 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: 58 488 Furness Street

Rent vs own

Owning catches up by year 3

With 20% down ($159,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $56,961
Principal paid off by year 10 $128,088

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 58 488 Furness Street, New Westminster is cheaper at first, but owning catches up by year 3, with $56,961 of principal paid off by year 5 and $128,088 by year 10.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $799,000
New Westminster Loading...
Queensborough Loading...

Based on 2 comparable active townhouses in Queensborough, the average asking price is $783,833. This listing is priced 1.9% above 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 Greater Vancouver REALTORS® 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 58 488 Furness Street

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Good Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Bikeable 55

Bike Score - Bikeable

Some bike infrastructure

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