503 60 Richmond St, New Westminster BC - Apartment/Condo for Sale - MLS# R3138222

$569,000
Est. Mortgage $2,517/mo
Gatehouse Place
1 Beds
1 Baths
859 sqft
662 $ /sqft
437.82 $ Maint. fee
1992 built
$569,000
Est. $2,517/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 503 60 Richmond Street

Top-Floor living, Vaulted Ceilings, and your own private Rooftop Patio with River Views - this is the home you've been waiting for! Rarely available, this 850 sqft 1 Bed + Loft home combines character and functionality. The bright open-concept layout features a spacious bedroom with walk-in closet, new laminate flooring, fresh paint, and a versatile upper-level loft space perfect for an office or a guest bedroom. Enjoy a drink on the rooftop patio overlooking the river. Peace of mind comes with a proactive strata and major upgrades already completed, including rain-screening, piping and roof (2023). One parking and one storage locker included, rentals & pets welcome. Steps to transit, parks, schools, and the new Aquatics Centre. A home like this doesn't come along often — don't miss it!

Interior Features

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
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description RIVER VIEW FROM ROOF TOP
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $569,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 859
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Architecture Style Top Floor Unit
Stories 2
Building Amenities Maintenance Grounds, Gas, Management, Snow Removal, Water
Building Name Gatehouse Place
Ownership Type Freehold Strata
Maintenance Fee $437.82
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Gas, Management, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Lot & Land

MLS® # R3138222
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Postal Code V3L 5R7
Gross Taxes $2,435.11
Zoning RM-2A

Property Timeline

Status Date Price
R3138222 / Active 06-22-2026 $569,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'2 x 14'2 ft
Main Level Dining Room 9'10 x 9'10 ft
Main Level Kitchen 11'3 x 11'3 ft
Main Level Bedroom 11'8 x 11'8 ft
Above Level Loft 12'5 x 12'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Team 3000 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
Al-Hidayah School
Average
1.59 km
4/10
Elementary,Secondary
Compass Christian New West
Average
1.68 km
6.4/10

Closest Transit

Bus Stop
Southbound Richmond St @ Miner St
0.1 km
Skytrain
Skytrain @ Sapperton Stn
0.94 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

60 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $507,491
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.94 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
17 DOM
Very fast
Fraserview NW avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

503 60 Richmond Street has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.8% 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.

Climate Risk for V3L 5R7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5R7, 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 (~1.1 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 503 60 Richmond Street

Pre-computed routes from 503 60 Richmond St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Sapperton → Waterfront
    45 min
  • Metrotown, Burnaby via Sapperton → Metrotown
    27 min
  • SFU Burnaby via Sapperton → Production Way
    21 min
  • Richmond Centre via Sapperton → Brighouse
    70 min
  • YVR Airport via Sapperton → YVR-Airport
    71 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

503 60 Richmond St, New Westminster, BC is ideally located for commuters. The property is 0.9 km from Sapperton, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Richmond St @ Miner St (0.1 km). Walk Score Transit rating: Good Transit (67/100).

Walkability & Transit Near 503 60 Richmond Street

Walk Score Badge
Car-Dependent 59

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 503 60 Richmond Street

/month
Principal & Interest
Property Taxes $203
Maintenance fee 437.82
A 20% down payment of $113,800 on this $569,000 listing yields an estimated mortgage of $2,173/month (30-year fixed, 4%). Total estimated housing cost: $2,814/month, $203 property tax, $438 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
With $2,116/month in estimated rental income against $2,870/month in mortgage payments, the monthly cashflow is -$754/month. A 48% down payment would reach break-even.
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 $569,000
New Westminster Loading...
Fraserview NW Loading...

Based on 9 comparable active apartments/condos in Fraserview NW, the average asking price is $521,965. This listing is priced 9% above 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 503 60 Richmond Street

Walk Score Badge
Car-Dependent 59

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

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