1005 988 Quayside Dr, New Westminster BC - Apartment/Condo for Sale - MLS# R3132054

$549,900
Est. Mortgage $2,433/mo
2 Beds
1 Baths
736 sqft
747 $ /sqft
500.74 $ Maint. fee
2019 built
$549,900
Est. $2,433/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 1005 988 Quayside Drive

Riversky 2 by Bosa. This 2 beds, 1 bath 736 sq ft condo is functionally designed. Open layout kitchen with a gas stove, premium slide-out fan, soft close cabinet doors, built-in microwave, quartz countertops, integrated refrigerator with bottom freezer and integrated dishwasher. Full-time concierge, fully equipped gym, yoga room, BBQ area & recreation room. Steps to Sky Train, restaurants, shopping, grocery stores, coffee shops and Esplanade boardwalk and the Quay. Fantastic location. 1 parking and 1 storage locker.

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description CITY, WATER
Structures Multi Family, Residential Attached

Building Details

Price $549,900
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 736
Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Concierge, Trash, Gas, Hot Water, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $500.74
Amenities Nearby Exercise Centre, Concierge, Trash, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Lot & Land

Lot Size Depth Feet
MLS® # R3132054
Area New Westminster
Neighbourhood Quay
City New Westminster
Postal Code V3M 0L5
Gross Taxes $2,727.5
Zoning CD

Property Timeline

Status Date Price
R3132054 / Active 06-02-2026 $549,900
R3099528 / Terminated 03-13-2026 $559,000
R2920953 / Terminated 09-04-2024 $659,000
Rooms
Floor Type Dimensions
Main Level Living Room 10'5 x 10'5 ft
Main Level Kitchen 8'3 x 8'3 ft
Main Level Dining Room 9'0 x 9'0 ft
Main Level Primary Bedroom 11'0 x 11'0 ft
Main Level Bedroom 11'0 x 11'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Sutton Group-West Coast Realty (Langley)

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
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

68 / 100
Overall sell-speed score
Likely within weeks
B
Price competition grade
Avg comparable: $563,977
Seller's
Market conditions
Seller's market — high demand area
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
37 DOM
Very fast
Quay avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

1005 988 Quayside Drive has a sell-speed score of 68/100, placing it in the "Expected to sell within weeks" band. The listing is priced 2.6% below comparable active properties in Quay, which is a strong competitive signal. The local market is currently a Seller's Market with a sales-to-active ratio of 21.4% and an area average of 51 days on market — buyers are active. With only 252 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 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 (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~3.3 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1005 988 Quayside Drive

Pre-computed routes from 1005 988 Quayside Dr, New Westminster, BC

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

1005 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 1005 988 Quayside Drive

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1005 988 Quayside Drive

/month
Principal & Interest
Property Taxes $227
Maintenance fee 500.74
A 20% down payment of $109,980 on this $549,900 listing yields an estimated mortgage of $2,100/month (30-year fixed, 4%). Total estimated housing cost: $2,828/month, $227 property tax, $501 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 $2,044/month in estimated rental income against $2,882/month in mortgage payments, the monthly cashflow is -$837/month. A 52% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Quay, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $549,900
New Westminster Loading...
Quay Loading...

Based on 4 comparable active apartments/condos in Quay, the average asking price is $549,483. This listing is priced 0.1% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1005 988 Quayside Drive

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

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