REW is always here as a guide to offer you insight, no matter where you're at on your journey. Whether you're purchasing a resale or pre-sale property, refinancing, selling or renting, we're here to help guide you through the process.
As seen in...
New Westminster city council made headlines recently for being the first Metro Vancouver municipality to mandate that 10 per cent of new condos must have at least three bedrooms. That rule went into effect January 1. The mayor, who lives with his wife and three daughters in a condo, is intent on ensuring the city provides family-friendly housing. With the median selling price of a detached home in New West now approaching the million dollar mark, condos are becoming the affordable alternative for families as well as singles and couples.
While the city’s current listings are not awash with three-bedroom options, New West does have a higher percentage of larger condos than most Lower Mainland municipalities. Of the 160 active listings, 10 per cent feature enough rooms for mom and dad and a son and daughter. With no maintenance to concern yourself with, you may even find condo living means more time to spend together as a family.
New West’s historic waterfront has some new parks for family fun as well as quick access to SkyTrain. Two of the area’s 16 listings have three bedrooms and several more are over 1,000 square feet. The Riviera has the largest of the neighbourhood’s listed condos and is also the most expensive. This sub-penthouse is 1,559 square feet and can be your family abode for $648,000. Slightly smaller at 1,347 square feet is a three-bedroom home in Anchor Pointe that is on the market for $429,900. Both these properties were listed in January.
Cross the bridge and discover this great family neighbourhood with easy access to parks, playgrounds, a community centre and two elementary schools. Five of the 21 active condo listings have three bedrooms ranging in size from 1,118 square feet to 1,348. Prices for these homes start at $458,000 for a 10-year-old unit in Paddler’s Landing to $652,800 for either of two homes for sale in the three-year-old Glasshouse complex. There are also a couple of three-bedroom units available in the new Portage complex where you can be the first family to call the space home.