Home > All listings > 1001 8 Laguna Court

$569,000

^$30,000

1001 8 Laguna Court

Quay, New Westminster, BC, V3M 6M6

2 | 2 | 1 | 1,308 sq.ft. | Year Built: 1991 |

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Spacious 2 bed, 2 bath condo with 1308 sq ft and stunning river views-an excellent opportunity for investors or buyers looking to add value. This well laid out unit offers great potential with some updating. Located in a well managed building featuring top-tier amenities: pool, hot tub, sauna, gym, and library as well as a great community feel within the building. Just steps from Westminster Quay, transit, shops, restaurants, and a short drive to all levels of school. A prime location with strong rental demand and long-term upside. Don't miss this value packed property in the heart of New Westminster. Open House: Sun Nov 23 (1-3) or book a private showing. PRICED TO SELL!

Property Info

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MLS®: R3057305

Listing Courtesy of Oakwyn Realty Encore

Total Bedrooms 2

Total Bathrooms 2

Floor Space 1308 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $569,000

Unit Pricing $435/sq.ft.

Strata Fee $595.36

Tax Estimate $3,168/Year

Year Built 1991

Interior Features

Rooms

Main Primary Bedroom 15'4 * 11'11

Main Bedrooms 11'4 * 9'5

Main Living Room 18'2 * 12'7

Main Dining Room 12'1 * 9'9

Main Kitchen 10'8 * 9'6

Main Eating Area 9'2 * 7'10

Main Laundry 9'2 * 5'9

More Details

Storey 1

Floor Space Finished 1308.00 sq.ft.

Rules Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Roof XXXXXXX

Zoning RMW-3B

Floor Finish XXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Garage Under Building

Parking Cover 1

Parking Total 1

Fuel Heating Baseboard, Electric, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: New Westminster
Street Name: Laguna
City: New Westminster
State Or Province: BC
Postal Code: V3M 6M6
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Fireplaces Total: 1
Flooring: Tile, Vinyl, Carpet
Basement: Partial
Interior Features: Elevator

Exterior Features

Exterior Features: Balcony
Roof: Asphalt
Pool Features: Indoor

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1991
Building Area Total: 1308
Living Area: 1308

Lot Information

Lot Features: Central Location, Cul-De-Sac, Marina Nearby, Recreation Nearby
Parcel Number: 017443172

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OPEN HOUSES

2025-11-23 01:00 PM - 03:00 PM

School Catchments

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City Introduction

Overview of New Westminster, BC, Canada

Population

New Westminster is a historic city in the Greater Vancouver region of British Columbia, with a population of approximately 71,000 (2016). The population density is 4,543.4 people per square kilometer. New Westminster is a multicultural city, with about 34,275 residents belonging to visible minorities, including a significant Chinese community. The city's annual population growth rate is 7.6%, higher than the national average.

Economy

Key Industries: Transportation, healthcare, and port logistics. New Westminster's top employers include TransLink, Royal Columbia Hospital, and Port Metro Vancouver, providing stable job opportunities.
Commercial Centers: Columbia Street and Uptown are the main commercial areas, offering a variety of retail shops and dining options.
Educational Resources: New Westminster is home to Douglas College and the Justice Institute of British Columbia, contributing to a skilled workforce and innovation.

Living Features

Natural Environment: New Westminster boasts abundant natural landscapes, including Queen's Park and the Fraser River waterfront trails, ideal for outdoor activities.
Transportation: New Westminster is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: New Westminster's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.2 million CAD and condos around $600,000 CAD (2024).

Opportunities:

Stable rental market: New Westminster's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

New Westminster is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Downtown and Uptown, while properties near SkyTrain stations are attractive for investors.

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