Home New Westminster, BC Quay Riversky 2 TH2 988 Quayside Drive

TH2 988 Quayside Dr, New Westminster BC V3M 0L5 – Townhouse for Sale – MLS® R3175766

TH2 988 Quayside Drive, New Westminster, British Columbia V3M 0L5

New Westminster Townhouses for Sale

25 days on the market

$898,000

Est. monthly cost $5,029/mo

Updated with MLS® - Nov 8, 2026 at 08:45am

Riversky 2

3 Beds

3 Baths

1440 sqft

624 $ /sqft

1015.87 $ Maint. fee

2019 built

Photos

Exceptional value in this 3 Bedroom, 3 Bathroom, 2 Level Executive Townhome. With 1441 SqFt of living space and 2 spacious patios, you'll be just steps to the board walk, the river market, and pier park. Built by Bosa and completed in 2018, this concrete home is well appointed with marble countertops, an integrated appliance package, spa-like ensuite, HRV and lots of storage! Functional floorplan with spacious bedrooms and open concept living. Building has a great gym, clubhouse and concierge. Price includes two side by side parking and a locker. Come see for yourself!! ** Open House Sat Oct 24 2-330

Building 24 fields Inside & out 10 fields Lot & land 8 fields

Building Details

Price	$898,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	1440
Year Built	2019
Age Of Building	7
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Caretaker, Gas, Hot Water, Management, Other, Recreation Facilities, Sewer, Water
Building Name	Riversky 2
Ownership Type	Freehold Strata
Maintenance Fee	$1,015.87
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Gas, Hot Water, Management, Other, Recreation Facilities, Sewer, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Community, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Community
Parking Type	Underground
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Interior Features

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

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3175766
Area	New Westminster
Neighbourhood	Quay
City	New Westminster
Postal Code	V3M 0L5
Gross Taxes	$4,726.03
Zoning	CD-1

Property Timeline

Status	Date	Price
R3175766 / Active	10-14-2026	$898,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15' x 15' ft
Main Level	Dining Room	11'7 x 11'7 ft
Main Level	Kitchen	10'6 x 10'6 ft
Main Level	Bedroom	11'5 x 11'5 ft
Main Level	Storage	7'8 x 7'8 ft
Main Level	Foyer	6'5 x 6'5 ft
Above Level	Bedroom	11'5 x 11'5 ft
Above Level	Primary Bedroom	15'9 x 15'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Above Level	Yes	#5

Listed by: Sutton Group-West Coast Realty

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: Riversky 2

988 Quayside Drive, Quay, New Westminster

Riversky 2 building details

Building

Built: 2019
Homes: 234 in 28 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS5412
Managed by: First Service Residential
Parking: Visitor Parking, Garage: Underground, Garage Underbuilding
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Riversky 2

For sale: 9
Median ask: $599K
Median $/sqft: $827
Days on market: 61
Sold, past year: 9

This home

$624/sqft, 24.5% below the building median of $827.

Structural warranty runs to 2029 under BC's 2-5-10 new-home warranty.

Homes for sale at Riversky 2, New Westminster Recent sold listings in Riversky 2, New Westminster

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

Map, sell speed & climate

SkyTrain 0.21 km · crime average · sell-speed score 42/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (61 nearby)

Bunches & blooms · 130 m · Florist
New westminster station · 143 m · Post Office
Mon chéri salon and spa · 144 m · Hairdresser

Restaurants (54 nearby)

The boathouse · 21 m · Restaurant
Las shilas mexican street food vancouver · 25 m · Restaurant
Longtail kitchen · 123 m · Restaurant

Cafes (22 nearby)

Craft cafe · 28 m · Cafe
Ninja bubble tea · 154 m · Cafe
Starbucks · 168 m · Cafe

Groceries (17 nearby)

Paddlewheeler liquor store · 93 m · Beverages
Pamola bakery · 140 m · Bakery
Cake it easy · 153 m · Bakery

Healthcare (4 nearby)

Shoppers drug mart · 149 m · Healthcare
Imperial pharmacy · 207 m · Healthcare
Pharmasave · 320 m · Healthcare

Transit (3 nearby)

Skytrain @ new westminster stn station · 207 m · Transit
Skytrain @ columbia stn station · 787 m · Transit
Bus stop northbound 12 st @ 3rd ave · 979 m · Transit

Parks & Recreation (1 nearby)

Play area · 150 m · Playground

Private Schools

Elementary,Secondary
Compass Christian New West: Average 0.7 km 6.4/10
Secondary
Purpose Independent Secondary School: Average 0.3 km 4/10

Closest Transit

Bus Stop
New Westminster Station @ Unloading Only: 0.14 km
Skytrain
Skytrain @ New Westminster Stn: 0.21 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

42 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $870,039

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 QUAY compares

This property

25 DOM

Very fast

Quay avg

51 DOM

Average

New Westminster avg

51 DOM

Slower market

TH2 988 Quayside Drive has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 3.2% above comparable active properties in Quay. 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 0L5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0L5, 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

22 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 302 m
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 443 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 603 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 632 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 698 m
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 814 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 933 m
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.78 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.95 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.13 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.17 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.19 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.26 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.30 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.36 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	N/A	Distance 2.39 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.40 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.48 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.48 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.49 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.76 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.95 KM

Pre-computed routes from TH2 988 Quayside Dr, New Westminster, BC

TH2 988 Quayside Dr, New Westminster, BC New Westminster 0.2 km

34 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
34 min
Metrotown, Burnaby via New Westminster → Metrotown
16 min
SFU Burnaby via New Westminster → Production Way
14 min
Richmond Centre via New Westminster → Brighouse
59 min
YVR Airport via New Westminster → YVR-Airport
60 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
21 min
Metrotown, Burnaby via Lougheed Hwy
9 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

TH2 988 Quayside Dr, New Westminster, BC is ideally located for commuters. The property is 0.2 km from New Westminster, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is New Westminster Station @ Unloading Only (0.14 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near TH2 988 Quayside Drive

Walker's Paradise 96

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

Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $5,029/month · rent estimate $3,329/month · owning catches up with renting by year 24 · cash flow if rented −$1,922/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for TH2 988 Quayside Drive

$5,029 /month

Principal & Interest $3,619

Property Taxes $394

Maintenance fee $1,016

The estimated monthly cost of TH2 988 Quayside Drive, New Westminster is $5,029: $3,619 principal and interest with 20% down over 30 years at 4.45%, plus $394 property tax and $1,016 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

−$1,922 /month

Mortgage Payment $3,619

Monthly Cash Flow −$1,922

Break Even Down Payment 63%

Cap Rate -2.6%

Cash on Cash -12.8%

If TH2 988 Quayside Drive, New Westminster were rented at $3,329 a month with 5% vacancy, it would fall $1,922 a month short of the mortgage and carrying costs; about 63% 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 TH2 988 Quayside Drive, New Westminster

$3,329 / month

Rent $3,329

Own $5,029

Principal: $1,164/mo Interest, tax, insurance, fees: $3,865/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$974/mo (year 1) → ~$2,266/mo (year 20) → ~$3,379/mo (year 29).

Net cost to own at year 5 ~$3,865/mo About $536/mo more than renting

EstateBlock estimates TH2 988 Quayside Drive, New Westminster would rent for about $3,329 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: TH2 988 Quayside Drive

Rent vs own

Owning catches up by year 24

With 20% down ($179,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $64,019

Principal paid off by year 10 $143,958

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 TH2 988 Quayside Drive, New Westminster is cheaper at first, but owning catches up by year 24, with $64,019 of principal paid off by year 5 and $143,958 by year 10.