112 262 Salter St, New Westminster BC - Apartment/Condo for Sale - MLS# R3117447

$799,900
Est. Mortgage $3,539/mo
Portage
3 Beds
2 Baths
1166 sqft
686 $ /sqft
596.2 $ Maint. fee
2016 built
5.8% price reduction
$799,900
$849,000
Est. $3,539/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 112 262 Salter Street

5.8% price reduction

Stunning GROUND LEVEL Residence, 3 Bedrooms and 2 bathrooms, SW CORNER HOME, surrounded by lush landscape offering Privacy and Zen. Perfect for downsizers! LARGE windows stream in natural south exposed light, living space spanning 1166 SQFT of expansive, functional and flowing one level living with TWO PATIOS, 9'10 ceilings, Kitchen is bright, contemporary lighting & high end appliances, GAS range, double door fridge and Quartz island, WALK OUT to your covered patio, perfect for BBQ's. Primary is quiet, 5 piece, double sink ensuite & organized closets. Kohler finish, designer lighting, 2nd PATIO for relaxing, enjoy River walks, community, nature, solid build by Aragon. 2 PARKING, 1 STORAGE 2 PETS. Located in the heart of Port Royal, Queensborough, mins to downtown and YVR. 4 EV hook ups.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Vaulted Ceiling(s)
Fireplace 1
Heating Type Baseboard, Electric
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Private Yard
View Description River in winter/Greenscape
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $799,900
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1166
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 1
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Portage
Ownership Type Freehold Strata
Maintenance Fee $596.2
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access, Asphalt
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Units In Development 111

Lot & Land

MLS® # R3117447
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 0J6
Gross Taxes $3,451.93
Zoning CD-51

Property Timeline

Status Date Price
R3117447 / Active 04-29-2026 $799,900
Rooms
Floor Type Dimensions
Main Level Living Room 11'4 x 11'4 ft
Main Level Kitchen 13'5 x 13'5 ft
Main Level Dining Room 13'3 x 13'3 ft
Main Level Primary Bedroom 11'4 x 11'4 ft
Main Level Bedroom 12'11 x 12'11 ft
Main Level Bedroom 10'7 x 10'7 ft
Main Level Walk-In Closet 6'9 x 6'9 ft
Main Level Laundry 7'7 x 7'7 ft
Main Level Foyer 7'1 x 7'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #5

Listed by: Real Broker B.C. 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.

Map & Neighbourhood

Public Schools

Secondary
New Westminster Secondary School
Average
2.74 km
6.7/10
Middle
Queensborough Middle School
1.05 km
Elementary
Queen Elizabeth Elementary School
Average
1.43 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
1.31 km
10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
1.31 km
10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave
0.39 km
Skytrain
Skytrain @ New Westminster Stn
1.53 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
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

72 / 100
Overall sell-speed score
Likely within weeks
Price competition grade
No comparable data
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.53 km from station
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
71 DOM
Slower than area
Queensborough avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

112 262 Salter Street has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is has limited comparable pricing data available. 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 0J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0J6, 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 (BC ENV 2024). Nearest station: North Delta, Delta (~4.1 km). Annual avg AQHI 2.1 — 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 112 262 Salter Street

Pre-computed routes from 112 262 Salter St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    50 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    32 min
  • SFU Burnaby via New Westminster → Production Way
    30 min
  • Richmond Centre via New Westminster → Brighouse
    75 min
  • YVR Airport via New Westminster → YVR-Airport
    76 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
    19 min
  • YVR Airport via Bridgeport / Sea Island
    22 min

Calculate your commute

112 262 Salter St, New Westminster, BC is ideally located for commuters. The property is 1.5 km from New Westminster, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.39 km). Walk Score Transit rating: Some Transit (33/100).

Walkability & Transit Near 112 262 Salter Street

Walk Score Badge
Car-Dependent 25

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 112 262 Salter Street

/month
Principal & Interest
Property Taxes $288
Maintenance fee 596.2
Based on a 30-year fixed at 4% interest with 20% down ($159,980), the estimated monthly payment for this listing is $3,939/month — $3,055 principal & interest, $288 property tax, $596 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
At an estimated rental income of $2,818/month, this property runs a $1,172/month shortfall after mortgage and carrying costs. Break-even requires approximately 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $799,900
New Westminster Loading...
Queensborough Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in New Westminster, similar apartments/condos average $776,983 across 7 active listings — this listing is 2.9% above the New Westminster average. This property is flagged as a Hot Deal (5.8% price reduction) based on its competitive pricing and market demand.

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 112 262 Salter Street

Walk Score Badge
Car-Dependent 25

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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