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$1,230,000

51 245 Francis Way

Fraserview NW, New Westminster, BC, V3L 0A7

3 | 3 | 2 | 1,561 sq.ft. | Year Built: 2007 |

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GLENBROOKE – Welcome to Victoria Hill! This well-maintained 3-bedroom, 2.5-bath, 1,561 sq ft, 3-level townhome offers a bright, open-concept layout with 9 ft ceilings on the main floor. 2022/23 updates include: Upgraded powder room with bidet control, hot water tank & heat pump (indoor heads in all bedrooms & main floor) Updated kitchen appliances, sink, faucet, washer/dryer, lighting, electric fireplace & window treatments. Laminated flooring throughout. The primary suite features a spacious walk-in closet. Enjoy 3 balconies (one overlooking the park) plus a private patio. The oversized tandem garage (16' x 43'7") provides ample storage & workshop space. Resort-style amenities at The Boiler House: Movie theatre, Games room, gym Clubhouse available for rent. 2 Pets and Rentals allowed.

Property Info

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MLS®: R3022649

Listing Courtesy of RE/MAX Crest Realty

Total Bedrooms 3

Total Bathrooms 3

Floor Space 1561 sq.ft.

Title Type Freehold Strata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type Townhouse

Listed Price $1,230,000

Unit Pricing $788/sq.ft.

Strata Fee $441.87

Tax Estimate $4,609/Year

Year Built 2007

Interior Features

Rooms

Main Living Room 10'7 * 11'10

Main Dining Room 10'10 * 15'9

Main Kitchen 8'10 * 12'6

Main Family Room 10'1 * 10'3

Above Primary Bedroom 10' * 12'7

Above Walk-In Closet 9' * 5'1

Above Bedrooms 9' * 10'11

Above Bedrooms 8'10 * 11'8

Above Laundry 2'11 * 2'10

Below Foyer 4'11 * 4'11

More Details

Storey 2

Floor Space Finished 1561.00 sq.ft.

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

Roof XXXXXXX

Zoning RM-2A

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Tandem, Rear Access

Parking Cover 2

Parking Total 2

Fuel Heating Baseboard, Electric, Heat Pump

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: New Westminster
Street Name: Francis
City: New Westminster
State Or Province: BC
Postal Code: V3L 0A7
Property Type: Residential
Property Sub Type: Townhouse

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Laminate, Tile
Basement: Finished

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2007
Building Area Total: 1561
Living Area: 1561

Lot Information

Lot Features: Central Location, Recreation Nearby
Parcel Number: 027077136

Sold History

Selling

R3022649 Townhouse Jul 3, 2025 Listed $1,230,000

R2963465 Townhouse Feb 13, 2025 Removed $1,299,900

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OPEN HOUSES

2025-07-19 02:30 PM - 04:00 PM

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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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