Property Prices in New Westminster, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 8.18 |
| Mortgage as Percentage of Income: | 72.86% |
| Loan Affordability Index: | 1.37 |
| Price to Rent Ratio - City Centre: | 15.57 |
| Price to Rent Ratio - Outside of Centre: | 15.08 |
| Gross Rental Yield (City Centre): | 6.42% |
| Gross Rental Yield (Outside of Centre): | 6.63% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 2,208.33 C$ | |
| 1 Bedroom Apartment Outside of City Centre | 1,875.00 C$ | |
| 3 Bedroom Apartment in City Centre | 4,025.00 C$ | |
| 3 Bedroom Apartment Outside of City Centre | 3,725.00 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 700.99 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 600.00 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,278.13 C$ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.44 |
These data are based on 42 entries from 9 contributors over the past 18 months.
Last update: 19 June 2025
Sources and References
Nearby Cities:| Property Prices in Burnaby | 4.00 miles |
| Property Prices in Port Coquitlam, BC | 9.21 miles |
| Property Prices in Coquitlam | 9.78 miles |
| Property Prices in Vancouver | 11.02 miles |
| Property Prices in Richmond | 13.22 miles |
| Property Prices in Langley, BC | 15.93 miles |
| Property Prices in White Rock, BC | 19.44 miles |
| Property Prices in Aldergrove | 26.06 miles |
| Property Prices in Abbotsford | 33.70 miles |
| Property Prices in Gibsons, BC | 39.37 miles |
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