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TOWNHOUSE-STYLE PENTHOUSE LOFT w/ soaring 20-ft ceilings in quiet Fraserview. Renovated w/ hardwood floors, stone counters, oak cabinets, brass finishes & chandelier. Expansive windows flood home w/ natural light. Ideal WFH loft w/ mtn views from desk. Morning coffee & sunrise river views from north patio over gardens. Cozy evenings in front of gas fireplace (saves on heating costs too!). Open living/dining w/ vaulted ceilings + south rooftop for sunsets. Bedroom w/ custom wood trims & floor-to-ceiling custom walk-in. Garage, locker & attic storage. Rainscreened building near SkyTrain, Queen’s Park, hospital, shops & restaurants. Second bedroom is den/loft space.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Guest Suite, Storage, Vaulted Ceiling(s) |
| Fireplace | 1 |
| Heating Type | Electric, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Hardwood |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Metal, Torch-On |
| Structures | Multi Family, Residential Attached |
| Price | $674,900 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1092 |
| Year Built | 1992 |
| Age Of Building | 34 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Loft/Warehouse Conv. |
| Stories | 1 |
| Building Amenities | Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal |
| Building Name | Gatehouse Place |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $538.3 |
| Amenities Nearby | Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, RV Parking, Snow Removal |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Front Access, Garage Door Opener |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed,Pets Allowed w/Rest. |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes, Yes With Restrictions |
| Units In Development | 30 |
| MLS® # | R3123051 |
|---|---|
| Area | New Westminster |
| Neighbourhood | Fraserview NW |
| City | New Westminster |
| Postal Code | V3L 5P4 |
| Gross Taxes | $2,936.97 |
| Zoning | RM-2A |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'4 x 15'4 ft |
| Main Level | Dining Room | 11'5 x 11'5 ft |
| Main Level | Kitchen | 8'0 x 8'0 ft |
| Main Level | Bedroom | 12'10 x 12'10 ft |
| Above Level | Bedroom | 14'0 x 14'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
406 48 Richmond Street has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.8% above 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 may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5P4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~1 km). Annual avg AQHI 0 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
406 48 Richmond St, New Westminster, BC is ideally located for commuters. The property is 0.9 km from Sapperton, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Richmond St @ Miner St (0.09 km). Walk Score Transit rating: Good Transit (68/100).
Based on 14 comparable active apartments/condos in Fraserview NW, the average asking price is $636,625. This listing is priced 6% above the neighbourhood average.
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