What Does $400,00 Buy You? (Part 3)

So far, we have examined Burnaby in Part 1 and the Tri-Cities in Part 2. Here, we will dive into what's possible in New Westminster in the series "What Does $400,000 Buy You?".

If you've missed the other posts in this series, please see them here:

Part 3

New Westminster

Once nicknamed the "Royal City," New Westminster is home to rich historical significance. As the first established city in British Columbia, New West was at one point the most populous city in the Lower Mainland. Fast forward to today and you have one of the most unique suburbs. Home to over 66,000 residents, this transit-friendly region offers some of the best affordability and lifestyles around. What is recognised as the starting point for many families, New West has options to own that can have you overlooking the Fraser River while remaining steps from the SkyTrain. Living in New West provides access to some of the largest parks in the Lower Mainland, quick and easy access to Queensborough Landing for shopping, and luxurious waterfront views. In New West, you'll find apartment buildings spanning 5 decades. This offers the unique potential to have larger floor plans in buildings of age, and modern features in newer buildings, all in the same area. Learn more about: New Westminster.

Here is what New Westminster has to offer:

Parkside living at Victoria Hill, this 10 year old immaculately maintained home provides ample indoor and outdoor living space. Place yourself within walking distance of the SkyTrain, Queen's Park, and the waterfront of the Fraser River. As well, you'll love the openness and abundance of natural light living on the top floor of your new building. Amenities in this sought after community include a guest suite, fitness centre, entertainment room, library, and a games room.

Water view...check! 2 beds and 2 full baths... check! 2 parking stalls...check! Updated...check! What more can you ask for in this price range? Still under warranty, this gorgeous 14th floor condo is move-in ready and will stun anyone who comes in. Situated in Downtown New Westminster, you can hop on the SkyTrain in minutes, buy groceries or see a movie at the 'Shops' at New West, or take a brief walk down to the New West Quay. All of this for under $400,000.

Imagine that! Nearly 1200 square feet sprawling over this one level condo facing the Fraser River. With the size of a townhouse at your disposal, you'll have no problem spreading out with the family. Set on a quieter street yet still minutes from Queen's Park, the waterfront, the Patullo Bridge, and Victoria Hill, you'll have it all at your doorstep. You'll also enjoy the warmth of an indoor fireplace, the convenience of in-suite laundry, and two balconies to breathe in the fresh air!

Another option buyers have to get into the market at a comfortable price point and one that enables more flexible payment schedules are pre-sales (see my previous post about pre-sales here). 

I appreciate you taking the time to read about the historic New Westminster. If you have any questions about these or any other properties, or wish to discuss other real estate opportunities, feel free to email me at adil@adilkhimani.com.

On the next post in the series "What Does $400,000 Buy You", we'll head over the Lions Gate Bridge and explore the North Shore regions of North Vancouver and West Vancouver.

All the best,