1206 1250 Quayside Dr, New Westminster BC - Apartment/Condo for Sale - MLS# R3095558

$750,000
Est. Mortgage $3,318/mo
Promenade
2 Beds
2 Baths
1399 sqft
536 $ /sqft
731.28 $ Maint. fee
1988 built
6.1% price reduction, 62.53% cheaper than comparables
$750,000
$799,000
Est. $3,318/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 1206 1250 Quayside Drive

6.1% price reduction 62.53% cheaper than comparables

Waterfront living with sweeping river and city views from north to south. This spacious 2 bedroom + extra large den corner suite offers a large living room and a dining area perfect for hosting. The large den/office could easily be a 3rd bedroom or opened up for additional family space! Both bathrooms have been freshly renovated, and the home features stainless steel appliances, granite countertops, in-suite laundry, and a covered balcony with stunning river views you can enjoy year-round. Very well-maintained building, rain-screened with updated roof, piping, boiler, and elevators. Amenities include an indoor pool, hot tub, sauna, and gym. Walk straight out to the riverfront boardwalk & park, and enjoy being steps to SkyTrain & shops. Call for appointment.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Electric
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description SWEEPING RIVER & CITY
Roof Metal, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $750,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1399
Year Built 1988
Age Of Building 38
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Sauna/Steam Room, Maintenance Grounds, Hot Water, Management, Snow Removal, Geothermal
Building Name Promenade
Ownership Type Freehold Strata
Maintenance Fee $731.28
Community Features Shopping Nearby
Amenities Nearby Recreation Facilities, Sauna/Steam Room, Maintenance Grounds, Hot Water, Management, Snow Removal, Geothermal
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed
Pet Restrictions No
Units In Development 104

Lot & Land

MLS® # R3095558
Area New Westminster
Neighbourhood Quay
City New Westminster
Postal Code V3M 6E2
Gross Taxes $3,473.74
Zoning MF

Property Timeline

Status Date Price
R3095558 / Active 03-03-2026 $750,000
Rooms
Floor Type Dimensions
Main Level Foyer 5'0 x 5'0 ft
Main Level Dining Room 12'5 x 12'5 ft
Main Level Living Room 16'1 x 16'1 ft
Main Level Den 12'6 x 12'6 ft
Main Level Kitchen 17'4 x 17'4 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Primary Bedroom 12'2 x 12'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4

Listed by: Oakwyn Realty 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

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
0.54 km
10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
0.54 km
10/10

Closest Transit

Bus Stop
Westbound Quayside Dr @ 1200 Block
0.12 km
Skytrain
Skytrain @ New Westminster Stn
0.75 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

90 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $1,218,975
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
128 DOM
Slower than area
Quay avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

1206 1250 Quayside Drive has a sell-speed score of 90/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 62.5% 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 attract offers within 1–3 weeks.

Climate Risk for V3M 6E2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 6E2, 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 (~3.7 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 1206 1250 Quayside Drive

Pre-computed routes from 1206 1250 Quayside Dr, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    41 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    23 min
  • SFU Burnaby via New Westminster → Production Way
    21 min
  • Richmond Centre via New Westminster → Brighouse
    66 min
  • YVR Airport via New Westminster → YVR-Airport
    67 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
    23 min

Calculate your commute

1206 1250 Quayside Dr, New Westminster, BC is ideally located for commuters. The property is 0.7 km from New Westminster, with a 41 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Quayside Dr @ 1200 Block (0.12 km). Walk Score Transit rating: Excellent Transit (78/100).

Walkability & Transit Near 1206 1250 Quayside Drive

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1206 1250 Quayside Drive

/month
Principal & Interest
Property Taxes $289
Maintenance fee 731.28
Based on a 30-year fixed at 4% interest with 20% down ($150,000), the estimated monthly payment for this listing is $3,884/month — $2,864 principal & interest, $289 property tax, $731 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 $2,715/month, this property runs a $1,230/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.
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 $750,000
New Westminster Loading...
Quay Loading...

Based on 19 comparable active apartments/condos in Quay, the average asking price is $740,794. This listing is priced 1.2% above the neighbourhood average. This property is flagged as a Hot Deal (6.1% price reduction, 62.53% cheaper than comparables) 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 1206 1250 Quayside Drive

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

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