Home New westminster, BC Quay Murano Lofts 602 7 Rialto Court

602 7 Rialto Court, New Westminster BC - Apartment/Condo for Sale - MLS# R3011035

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Listing updated: Jul 25, 2025 at 02:03am

EstateBlock checked: Sep 27, 2026 at 11:45pm

Murano Lofts

2 Beds

2 Baths

799 sqft

812 $ /sqft

416.78 $ Maint. fee

2005 built

Closed

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This property sold for

$●●●,●●●

Listing updated: Jul 25, 2025 at 02:03am

EstateBlock checked: Sep 27, 2026 at 11:45pm

Photo

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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
École Qayqayt Elementary: Above Average 1.74 km 7.2/10
Middle
Fraser River Middle School: 0.82 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 1.67 km 8.9/10
Secondary
Purpose Independent Secondary School: 1.1 km

Closest Transit

Bus Stop
Northbound Renaissance Square @ Quayside Dr: 0.12 km
Skytrain
Skytrain @ New Westminster Stn: 1.01 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: 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

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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 QUAY compares

This property

51 DOM

Average

Quay avg

50 DOM

Average

New westminster avg

50 DOM

Faster market

602 7 Rialto Court has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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.

Climate Risk for V3M 7A8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 7A8, 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 (36 nearby)

Dan's diner · 434 m · Restaurant
Boston pizza · 577 m · Restaurant
Dedutch · 610 m · Restaurant

Shopping (25 nearby)

Peonies fine flowers · 441 m · Florist
Big box outlet · 639 m · Clothes
New west cleaners · 641 m · Laundry

Cafes (10 nearby)

Living tree foods · 543 m · Cafe
Starbucks · 675 m · Cafe
Serious coffee · 792 m · Cafe

Groceries (9 nearby)

Steel & oak tasting room · 220 m · Beverages
Bc liquor · 510 m · Beverages
Arnies grocery · 645 m · Convenience

Healthcare (3 nearby)

Pharmasave · 667 m · Healthcare
Imperial pharmacy · 820 m · Healthcare
Shoppers drug mart · 997 m · Healthcare

Parks & Recreation (1 nearby)

Play area · 915 m · Playground

Transit (1 nearby)

Bus stop new westminster station @ bay 3 · 996 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 313 m
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 540 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 747 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 889 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.10 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.22 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.26 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 1.33 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.38 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.74 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	0	Distance 1.81 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.83 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.85 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.96 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 2.07 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.09 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.12 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.13 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.39 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.57 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.80 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 2.90 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.92 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.93 KM

Pre-computed routes from 602 7 Rialto Court, New Westminster, BC

602 7 Rialto Court, New Westminster, BC New Westminster 1.0 km

44 min

Downtown Vancouver Waterfront Station

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

602 7 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 (0.12 km).

Mortgage Calculator for 602 7 Rialto Court

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $225

Maintenance fee 416.78

A 20% down payment of $129,800 on this $649,000 listing yields an estimated mortgage of $2,479/month (30-year fixed, 4%). Total estimated housing cost: $3,121/month, $225 property tax, $417 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: Jul 25, 2025

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $2,349/month in estimated rental income against $3,174/month in mortgage payments, the monthly cashflow is -$824/month. A 47% 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 602 7 Rialto Court, 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.