207 78 Richmond St, New Westminster BC - Apartment/Condo for Sale - MLS# R3112618

$629,000
Est. Mortgage $2,783/mo
Governor's Court
2 Beds
2 Baths
1166 sqft
539 $ /sqft
589.3 $ Maint. fee
1994 built
$629,000
Est. $2,783/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 207 78 Richmond Street

Welcome to Governors Court in the heart of Fraserview. This well maintained community offers mature gardens with a private setting yet is just minutes to transit, shopping, the award winning new pool and recreational facility, local favorites like The Grey Fox Restaurant. This sought after building offers lots of visitor parking, car wash bay, guest suite and secure underground parking with storage, there's even a workshop! You will feel right at home in this very tastefully updated 1,166 sq. ft, 2 bedroom, 2 bathroom ground level suite with crown mouldings, gas fireplace and a covered patio. Large room sizes perfect for house-sized furniture. One pet is welcome and there are no age restrictions. Rentals are allowed with restrictions.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Guest Suite, Storage
Fireplace 1
Heating Type Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden
View Description Partial river view and gardens
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $629,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1166
Year Built 1994
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water
Building Name Governor's Court
Ownership Type Freehold Strata
Maintenance Fee $589.3
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public
Parking Type Garage Under Building, Front Access, Rear 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
Units In Development 125

Lot & Land

MLS® # R3112618
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Postal Code V3L 5T2
Gross Taxes $2,797.32
Zoning RM 2-A

Property Timeline

Status Date Price
R3112618 / Active 04-15-2026 $629,000
Rooms
Floor Type Dimensions
Main Level Foyer 4'10 x 4'10 ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Living Room 13'2 x 13'2 ft
Main Level Bedroom 16' x 16' ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Laundry 9'10 x 9'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4

Listed by: Oakwyn Realty Northwest

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
Urban Academy Junior
Above Average
1.57 km
9/10
Elementary,Secondary
Urban Academy Senior
Above Average
1.57 km
8.6/10

Closest Transit

Bus Stop
Southbound Richmond St @ Seymour Court
0.09 km
Skytrain
Skytrain @ Sapperton Stn
0.83 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Below Average
9.3%
Owner Occupied
Average
62.7%
Employment Rate
Below Average
52.2%

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
Possible

Sell Speed & Competition

66 / 100
Overall sell-speed score
Likely within weeks
B
Price competition grade
Avg comparable: $629,000
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.83 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 FRASERVIEW NW compares
This property
85 DOM
Slower than area
Fraserview NW avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

207 78 Richmond Street has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced in line with comparable active properties in Fraserview NW. 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 5T2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5T2, 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 (~0.9 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 207 78 Richmond Street

Pre-computed routes from 207 78 Richmond St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    44 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    26 min
  • SFU Burnaby via Sapperton → Production Way
    20 min
  • Richmond Centre via Sapperton → Brighouse
    69 min
  • YVR Airport via Sapperton → YVR-Airport
    70 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
    5 min
  • Richmond Centre via No. 3 Rd
    22 min
  • YVR Airport via Bridgeport / Sea Island
    25 min

Calculate your commute

207 78 Richmond St, New Westminster, BC is ideally located for commuters. The property is 0.8 km from Sapperton, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Richmond St @ Seymour Court (0.09 km). Walk Score Transit rating: Good Transit (69/100).

Walkability & Transit Near 207 78 Richmond Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 69

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 207 78 Richmond Street

/month
Principal & Interest
Property Taxes $233
Maintenance fee 589.3
Based on a 30-year fixed at 4% interest with 20% down ($125,800), the estimated monthly payment for this listing is $3,224/month — $2,402 principal & interest, $233 property tax, $589 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 $2,277/month, this property runs a $998/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraserview NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $629,000
New Westminster Loading...
Fraserview NW Loading...

Based on 14 comparable active apartments/condos in Fraserview NW, the average asking price is $636,625. This listing is priced 1.2% 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

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Walkability & Transit Near 207 78 Richmond Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 69

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

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