108 45 Fourth St, New Westminster BC - Apartment/Condo for Sale - MLS# R3122633

$349,000
Est. Mortgage $1,544/mo
Dorchester House
1 Beds
1 Baths
690 sqft
506 $ /sqft
430 $ Maint. fee
1978 built
$349,000
Est. $1,544/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

Photos

Property Details for 108 45 Fourth Street

Incredible opportunity! This oversized one-bedroom offers a rare mix of space and scenery. Conveniently located steps from Columbia SkyTrain and a short walk to Pier Park, River Market, and the Boardwalk. The functional layout features a massive bedroom and two versatile flex/storage rooms, and breathtaking Fraser River views to enjoy from your private balcony and bedroom! Recent updates include a gorgeous renovated bathroom, newer dishwasher, vinyl floors, and crisp white paint... the perfect blank canvas! The building also features updated roof (2015), and updated exterior paint. Whether you're a first-time buyer or savvy investor, this transit-oriented gem delivers incredible value. Experience the best of Downtown New West living, book your tour today!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed, Vinyl
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Water Views of Fraser River
Structures Multi Family, Residential Attached

Building Details

Price $349,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 690
Year Built 1978
Age Of Building 48
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Hot Water, Management, Snow Removal
Building Name Dorchester House
Ownership Type Freehold Strata
Maintenance Fee $430
Community Features Shopping Nearby
Amenities Nearby Trash, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Units In Development 40

Lot & Land

Lot Size Depth Feet
MLS® # R3122633
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5H7
Gross Taxes $1,932.8
Zoning RM-6A

Property Timeline

Status Date Price
R3122633 / Active 05-12-2026 $349,000
R3109299 / Terminated 04-09-2026 $388,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'0 x 7'0 ft
Main Level Living Room 18'8 x 18'8 ft
Main Level Kitchen 7'4 x 7'4 ft
Main Level Pantry 3'8 x 3'8 ft
Main Level Eating Area 8'0 x 8'0 ft
Main Level Bedroom 15'1 x 15'1 ft
Main Level Storage 3'7 x 3'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

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
0.38 km
6.4/10
Elementary,Secondary
Compass Christian New West
Average
0.38 km
6.4/10

Closest Transit

Bus Stop
Columbia Station @ Bay 3
0.05 km
Skytrain
Skytrain @ Columbia Stn
0.06 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
28.2%
No Certificate/Degree
Below Average
9.8%
Owner Occupied
Above Average
80%
Employment Rate
Below Average
39.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

66 / 100
Overall sell-speed score
Likely within weeks
B
Price competition grade
Avg comparable: $350,012
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.06 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN NW compares
This property
59 DOM
Average
Downtown NW avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

108 45 Fourth Street has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 0.3% below comparable active properties in Downtown NW, 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 V3L 5H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5H7, 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 (~2.5 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 108 45 Fourth Street

Pre-computed routes from 108 45 Fourth St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Columbia → Waterfront
    34 min
  • Metrotown, Burnaby via Columbia → Metrotown
    16 min
  • SFU Burnaby via Columbia → Production Way
    14 min
  • Richmond Centre via Columbia → Brighouse
    59 min
  • YVR Airport via Columbia → 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
    6 min
  • Richmond Centre via No. 3 Rd
    21 min
  • YVR Airport via Bridgeport / Sea Island
    24 min

Calculate your commute

108 45 Fourth St, New Westminster, BC is ideally located for commuters. The property is 0.1 km from Columbia, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Columbia Station @ Bay 3 (0.05 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 108 45 Fourth Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 108 45 Fourth Street

/month
Principal & Interest
Property Taxes $161
Maintenance fee 430
With a 20% down payment, buyers can expect an estimated $1,924/month in total housing costs on this $349,000 property — $1,333 mortgage payment, $161 property tax, $430 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
Based on $1,741/month estimated rent and $1,964/month in total housing costs, this property has a -$223/month cashflow. Break-even down payment: approximately 34%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $349,000
New Westminster Loading...
Downtown NW Loading...

Based on 11 comparable active apartments/condos in Downtown NW, the average asking price is $363,222. This listing is priced 3.9% 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

Listing Agent & Brokerage

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $3,032
0 of 38 missions

Sign up on Estateblock.com

$152 / 5.00%

Sign up on EstateBlock.com

$61 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 108 45 Fourth Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

Similar Condos for Sale in Downtown NW

Recently Sold Homes Near 108 45 Fourth Street