408 340 Ginger Dr, New Westminster BC - Apartment/Condo for Sale - MLS# R3116937

$355,000
Est. Mortgage $1,571/mo
Fraser Mews
1 Beds
1 Baths
659 sqft
539 $ /sqft
306.74 $ Maint. fee
1987 built
$355,000
$370,000
Est. $1,571/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 408 340 Ginger Drive

Renovated, bright and comfortable corner suite with 2 balconies, 8 ft ceilings, secure parking, pets and rentals allowed. Situated in the Fraserview area of New West, just moments from Queens Park and Glenbrook Ravine Park, aquatic and community centre, transit, schools and more. Updated kitchen with breakfast bar, newer flooring throughout, and updated bathroom. This is a bright renovated corner unit with great exposure (no buildings nearby), that's not to be missed. Call to book a private viewing.

Interior Features

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

Exterior Features

Exterior Features Garden, Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $355,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 659
Year Built 1987
Age Of Building 39
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Management
Building Name Fraser Mews
Ownership Type Freehold Strata
Maintenance Fee $306.74
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Rentals Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK

Lot & Land

Lot Size Depth Feet
MLS® # R3116937
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Postal Code V3L 5L7
Gross Taxes 0
Zoning RM-2

Property Timeline

Status Date Price
R3116937 / Active 04-27-2026 $355,000
R3086439 / Terminated 02-03-2026 $380,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'11 x 13'11 ft
Main Level Kitchen 14'0 x 14'0 ft
Main Level Bedroom 14'9 x 14'9 ft
Main Level Foyer 12'3 x 12'3 ft
Main Level Patio 12'4 x 12'4 ft
Main Level Patio 11'9 x 11'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Heller Murch Realty & Heller Murch Realty

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
Al-Hidayah School
Average
1.24 km
4/10
Elementary,Secondary
Compass Christian New West
Average
1.35 km
6.4/10

Closest Transit

Bus Stop
Westbound Queens Park Care Centre @ Blackberry Dr
0.23 km
Skytrain
Skytrain @ Sapperton Stn
1.36 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

70 / 100
Overall sell-speed score
Likely within weeks
B+
Price competition grade
Avg comparable: $379,992
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.36 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
73 DOM
Slower than area
Fraserview NW avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

408 340 Ginger Drive has a sell-speed score of 70/100, placing it in the "Expected to sell within weeks" band. The listing is priced 7% below comparable active properties in Fraserview NW, 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 sell within a few weeks.

Climate Risk for V3L 5L7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5L7, 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 (~1.3 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 408 340 Ginger Drive

Pre-computed routes from 408 340 Ginger Dr, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    50 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    32 min
  • SFU Burnaby via Sapperton → Production Way
    26 min
  • Richmond Centre via Sapperton → Brighouse
    75 min
  • YVR Airport via Sapperton → YVR-Airport
    76 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    20 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    5 min
  • Richmond Centre via No. 3 Rd
    21 min
  • YVR Airport via Bridgeport / Sea Island
    24 min

Calculate your commute

408 340 Ginger Dr, New Westminster, BC is ideally located for commuters. The property is 1.4 km from Sapperton, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Queens Park Care Centre @ Blackberry Dr (0.23 km). Walk Score Transit rating: Good Transit (56/100).

Walkability & Transit Near 408 340 Ginger Drive

Walk Score Badge
Car-Dependent 67

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 408 340 Ginger Drive

/month
Principal & Interest
Property Taxes $0
Maintenance fee 306.74
Financing 80% of the $355,000 asking price over 30 years at 4% results in approximately $1,663/month in total estimated carrying costs, $307 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
This listing generates an estimated $1,389/month in rental income, leaving a -$315/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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 $355,000
New Westminster Loading...
Fraserview NW Loading...

Based on 4 comparable active apartments/condos in Fraserview NW, the average asking price is $364,333. This listing is priced 2.6% 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 408 340 Ginger Drive

Walk Score Badge
Car-Dependent 67

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

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