The condo market in New Westminster and Burnaby has been selective in 2026, but good condos are still selling.
This spring, James Garbutt and Denny Dumas of the Garbutt + Dumas Real Estate Team were involved in several condo sales across New Westminster and Burnaby, including homes in Uptown New Westminster, Victoria Hill, Fraserview, the Quay, Downtown New Westminster, Sullivan Heights, and Vancouver Heights.
Some sold quickly. One sold well over asking. Others took more time and negotiation. Together, they offer a useful look at what is happening in the current New Westminster and Burnaby condo market.
Buyers are still active, but they are being careful. The strongest results are coming from condos that are well-presented, well-priced, and offer features buyers value, such as views, outdoor space, larger layouts, parking, storage, renovations, and strong locations.
Spring 2026 Condo Sales Summary
This spring, James Garbutt and Denny Dumas were involved in:
- 7 condo sales
- 5 New Westminster condo sales
- 2 Burnaby condo sales
- 5 seller-represented condo sales
- 2 buyer-represented condo purchases
- 1 condo sold over asking
- Sale prices ranging from $392,500 to $965,000
- Property sizes ranging from 717 sf to 1,261 sf
The standout sale was 404 270 Francis Way in Victoria Hill, which sold for $965,000 after being listed at $899,900. That was $65,100 over asking after just 7 days on market.
404 270 Francis Way, Victoria Hill / Victoria Hill, New Westminster
Representation: James Garbutt and Denny Dumas represented the buyers
List Price: $899,900
Sold Price: $965,000
Sold Over Asking: $65,100
Days on Market: 7
Size: 1,181 sf
Bedrooms: 3
Bathrooms: 2
Neighbourhood: Victoria Hill / Fraserview
Building: The Grove at Victoria Hill
The home offered a rare combination of features: Fraser River and mountain views, 3 bedrooms, 2 bathrooms, a large rooftop deck, and 3 parking stalls.
This sale shows that special condos can still generate strong results when they offer something difficult to replace. In this case, the views, outdoor space, penthouse positioning, extra parking, and Victoria Hill/Fraserview location helped create a premium result.
1801 188 Agnes Street, Downtown New Westminster
Representation: James Garbutt and Denny Dumas were the listing agents and represented the sellers
List Price: $869,999
Sold Price: $830,000
Days on Market: 24
Size: 1,154 sf
Bedrooms: 2
Bathrooms: 2
Neighbourhood: Downtown New Westminster
This sub-penthouse corner unit at Elliot Street offered panoramic views of the Fraser River, city, mountains, and Mount Baker.
The home featured 10 ft ceilings, 2 bedrooms, 2 bathrooms, an open-concept living and dining area, and a large wraparound semi-covered patio of more than 300 sf.
Located near Albert Crescent Park, Columbia SkyTrain Station, restaurants, shops, and Pier Park, this sale highlights the continued appeal of view condos in Downtown New Westminster.
307 1240 Quayside Drive, New Westminster Quay
Representation: James Garbutt and Denny Dumas were the listing agents and represented the sellers
List Price: $729,000
Sold Price: $695,000
Days on Market: 14
Size: 1,261 sf
Bedrooms: 2
Bathrooms: 2
Neighbourhood: New Westminster Quay
Building: Tiffany Shores
This spacious corner unit at Tiffany Shores offered 2 bedrooms, 2 bathrooms, 1,261 sf of living space, 2 balconies, partial river and park views, 1 parking stall, and 2 storage lockers.
The Quay remains one of New Westminster’s most recognizable condo markets, especially for buyers looking for walkability, waterfront access, river views, and larger floor plans.
This sale shows that larger condos with functional layouts and outdoor space continue to attract buyers when priced properly.
209 580 Twelfth Street, Uptown New Westminster
Representation: James Garbutt and Denny Dumas were the listing agents and represented the sellers
List Price: $624,900
Sold Price: $610,000
Days on Market: 18
Size: 1,016 sf
Bedrooms: 2
Bathrooms: 2
Neighbourhood: Uptown New Westminster
Building: The Regency
This renovated 2 bedroom, 2 bathroom condo at The Regency offered 1,016 sf, 9 ft ceilings, an updated kitchen, renovated bathrooms, wide-plank laminate flooring, a gas fireplace, and a quiet-side location with a southwest balcony.
The location is central and convenient, close to parks, schools, groceries, restaurants, cafes, Steel & Oak Brewing, SkyTrain, and Douglas College.
This sale is a good example of what continues to work in the New Westminster condo market: a practical floor plan, two full bathrooms, tasteful updates, good presentation, and a central location.
317 225 Francis Way, Victoria Hill / Victoria Hill, New Westminster
Representation: James Garbutt and Denny Dumas were the listing agents and represented the sellers
List Price: $599,000
Sold Price: $585,000
Days on Market: 15
Size: 927 sf
Bedrooms: 2
Bathrooms: 2
Neighbourhood: Victoria Hill / Fraserview
Building: The Whittaker at Victoria Hill
This bright 2 bedroom, 2 bathroom condo at The Whittaker offered 927 sf, 9 ft ceilings, an open-concept layout, granite counters, stainless steel appliances, a covered south-facing balcony, and access to the Boiler House amenities.
Victoria Hill and Fraserview continue to appeal to buyers looking for a quieter residential feel, green space, Queen’s Park access, and a more community-oriented setting while still being close to transit and Downtown New Westminster.
503 4289 Hastings Street, Vancouver Heights, Burnaby
Representation: James Garbutt and Denny Dumas represented the buyers
List Price: $999,999
Sold Price: $958,800
Days on Market: 7
Size: 1,016 sf
Bedrooms: 2
Bathrooms: 2
Neighbourhood: Vancouver Heights, Burnaby
Building: Modena
This top-floor 2 bedroom, 2 bathroom and den condo at Modena offered 1,016 sf, mountain views, 2 oversized covered balconies, heat pump air conditioning, and a prime Vancouver Heights location.
The building is a boutique low-rise with only a limited number of residential homes, giving it a different feel than a typical high-rise condo.
This sale shows that Burnaby buyers are still responding to strong locations, views, outdoor space, air conditioning, and boutique building appeal.
1601 9280 Salish Court, Sullivan Heights, Burnaby
Representation: James Garbutt and Denny Dumas were the listing agents and represented the sellers
List Price: $398,000
Sold Price: $392,500
Days on Market: 7
Size: 717 sf
Bedrooms: 1
Bathrooms: 1
Neighbourhood: Sullivan Heights, Burnaby
Building: Edgewood Place
This southeast corner unit at Edgewood Place offered 717 sf, 1 bedroom, 1 bathroom, partial city views, a covered balcony, 1 parking stall, and 1 storage locker.
The building is a concrete high-rise close to Lougheed Mall, SkyTrain, parks, restaurants, the bus loop, SFU, Highway 1, and Burnaby Lake.
This sale is a good example of entry-level Burnaby condo demand. Buyers are still active for well-priced condos near transit and major amenities, especially when the home offers concrete construction, parking, storage, and a central location.
What These Spring 2026 Condo Sales Tell Us
The New Westminster and Burnaby condo markets are active, but selective.
Buyers are not chasing every listing. They are comparing closely and looking for value. The strongest results are coming from homes that are priced properly and offer something buyers can clearly understand.
A few themes stood out.
Special condos can still sell over asking
The clearest example was 404 270 Francis Way, which sold for $65,100 over asking.
That result is important because it shows buyers will still compete for the right condo. This was not a standard unit. It had penthouse positioning, 3 bedrooms, a large rooftop deck, river and mountain views, and 3 parking stalls.
In a selective market, unique homes can still outperform when they offer rare features and are positioned properly.
Larger floor plans are still attractive
Several of the New Westminster condos were over 1,000 sf, including 307 1240 Quayside Drive, 209 580 Twelfth Street, 404 270 Francis Way, and 1801 188 Agnes Street.
Buyers continue to value usable space, especially when the layout works well and the home includes outdoor space, parking, and storage.
Renovated and well-presented homes have an advantage
The renovated condo at 209 580 Twelfth Street is a good example. Updated kitchens, bathrooms, flooring, and overall presentation help buyers feel more confident.
In today’s market, presentation matters.
Views and outdoor space remain important
The sales at 404 270 Francis Way, 1801 188 Agnes Street, 307 1240 Quayside Drive, and 503 4289 Hastings Street all show how much buyers value views, natural light, balconies, patios, and outdoor space.
Pricing correctly is critical
Some condos sold quickly. Others required negotiation.
For condo sellers in New Westminster and Burnaby, the right pricing strategy depends on recent comparable sales, active competition, building condition, floor level, exposure, view, parking, storage, strata history, and buyer demand.
New Westminster Condo Market Takeaway
New Westminster remains one of the most diverse condo markets in Greater Vancouver.
Buyers can choose from waterfront condos at the Quay, concrete towers in Downtown New Westminster, established condo communities in Victoria Hill and Fraserview, central homes in Uptown, and a wide range of older and newer strata buildings.
The most successful condo sales are the ones that are positioned clearly against their competition.
For sellers, that means understanding the building, the neighbourhood, recent sales, and what similar condos are currently listed for.
For buyers, it means comparing more than just price per square foot. Layout, strata history, building condition, parking, storage, views, exposure, and resale value all matter.
Burnaby Condo Market Takeaway
The Burnaby condo sales in this group show a similar pattern.
Good condos are selling, but buyers are selective. In Vancouver Heights, the Modena sale showed demand for boutique buildings, larger layouts, views, outdoor space, and walkable neighbourhoods. In Sullivan Heights, the Edgewood Place sale showed demand for more affordable concrete condos near Lougheed, SkyTrain, and major transit connections.
Burnaby remains a strong condo market, but sellers still need to be realistic on price and presentation.
Thinking About Selling a Condo in New Westminster or Burnaby?
If you are thinking about selling a condo in New Westminster or Burnaby, the most important step is understanding your specific building and your direct competition.
A condo at the Quay will not sell the same way as a condo in Victoria Hill. A Downtown New Westminster view condo will not perform the same way as an Uptown wood-frame condo. A Vancouver Heights boutique condo will have a different buyer pool than a Sullivan Heights high-rise near Lougheed.
James Garbutt and Denny Dumas of the Garbutt + Dumas Real Estate Team can help you review recent sales, compare active listings, understand your building, and decide on the right pricing and marketing strategy.
If you are curious what your New Westminster or Burnaby condo may be worth in today’s market, contact Garbutt + Dumas anytime.
James Garbutt & Denny Dumas
Garbutt + Dumas Real Estate Team
Oakwyn Realty
New Westminster and Burnaby Realtors