306 240 Salter St, New Westminster BC - Apartment/Condo for Sale - MLS# R3119296

$670,000
Est. Mortgage $2,964/mo
2 Beds
2 Baths
1100 sqft
609 $ /sqft
508.86 $ Maint. fee
2009 built
$670,000
$695,000
Est. $2,964/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 306 240 Salter Street

Waterfront living at The Regatta! Spacious 2 bed, 2 bath condo with water views of the Fraser River. Over 1,000 sqft with overheight ceilings, exposed brick & fir floors. Bedrooms on opposite ends, each with walk-in closet & ensuite. Kitchen features S/S appliances, gas range, island, and newer dishwasher. Includes 2 parking + in-suite storage.

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description FRASER RIVER
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $670,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1100
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $508.86
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Cistern
Parking Type Underground, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 51

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3119296
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 0C1
Gross Taxes $3,216.27
Zoning RMW-2A

Property Timeline

Status Date Price
R3119296 / Active 05-04-2026 $670,000
R3051467 / Terminated 09-23-2025 $715,000
R3001244 / Expired 05-12-2025 $729,999
R2976408 / Terminated 03-11-2025 $740,000
Rooms
Floor Type Dimensions
Main Level Living Room 12' x 12' ft
Main Level Dining Room 9'5 x 9'5 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Primary Bedroom 12'2 x 12'2 ft
Main Level Bedroom 11'3 x 11'3 ft
Main Level Walk-In Closet 8'5 x 8'5 ft
Main Level Walk-In Closet 9'6 x 9'6 ft
Main Level Storage 9'6 x 9'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4

Listed by: One Percent Realty Ltd. & One Percent 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

Public Schools

Secondary
New Westminster Secondary School
Average
2.6 km
6.7/10
Middle
Queensborough Middle School
1.25 km
Elementary
Queen Elizabeth Elementary School
Average
1.63 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
1.15 km
10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average
1.15 km
10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave
0.3 km
Skytrain
Skytrain @ New Westminster Stn
1.32 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

66 / 100
Overall sell-speed score
Likely within weeks
B
Price competition grade
Avg comparable: $670,000
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.32 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
66 DOM
Slower than area
Queensborough avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

306 240 Salter 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 Queensborough. 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 0C1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0C1, 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 (~4.2 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 306 240 Salter Street

Pre-computed routes from 306 240 Salter St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    48 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    30 min
  • SFU Burnaby via New Westminster → Production Way
    28 min
  • Richmond Centre via New Westminster → Brighouse
    73 min
  • YVR Airport via New Westminster → YVR-Airport
    74 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

306 240 Salter St, New Westminster, BC is ideally located for commuters. The property is 1.3 km from New Westminster, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.3 km). Walk Score Transit rating: Good Transit (58/100).

Walkability & Transit Near 306 240 Salter Street

Walk Score Badge
Car-Dependent 28

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 306 240 Salter Street

/month
Principal & Interest
Property Taxes $268
Maintenance fee 508.86
Based on a 30-year fixed at 4% interest with 20% down ($134,000), the estimated monthly payment for this listing is $3,336/month — $2,559 principal & interest, $268 property tax, $509 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 $2,425/month, this property runs a $966/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 $670,000
New Westminster Loading...
Queensborough Loading...

Based on 4 comparable active apartments/condos in Queensborough, the average asking price is $678,000. 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 306 240 Salter Street

Walk Score Badge
Car-Dependent 28

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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