1001-1011 FIFTH AVE, New Westminster BC V3M 1Y4, New Westminster, BC

$7,650,000
Est. Mortgage /mo

MLS® R2937223

$7,650,000
$8,100,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Stories
lot 22774 sqft
0 sqft
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Street view
Schools
Crime
Commute
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Property details

5.6% price reduce

Land Assembly steps from Moody Park. More than ½ an acre (~23,000 square feet) with potential for RGO (Residential Ground Oriented Infill) per OCP. Currently zoned RS-1. Within 400m of a FTN (Frequent Transit Network). FSR negotiable. Amazing central New West location at “The Brow of the Hill”, steps to Moody Park, shopping and transit. Great possibilities await in this fabulous neighbourhood. Opportunity to use preliminary plans and work with architect familiar with the property. Buyers to do their own due diligence with the City of New Westminster for all matters relating to the subject homes. Please do not walk on property.

General Info

Price $7,650,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 22774.6
Lot Size Depth Feet
Lot Size Frontage 198.04
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R2937223
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Gross Taxes $27,593
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Public, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Public

Parking

Parking Type Front Access, Side Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price
Active - $7,650,000

Listed by: RE/MAX Real Estate Services & RE/MAX Real Estate Services

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Lord Kelvin Elementary School
Average
0.45 km
Rating 5.2/10
Middle
Fraser River Middle School
0.75 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Our Lady of Mercy School
1.06 km
Rating 10/10
Secondary
Vancouver International College
0.58 km
No Rating

Closest Transit

Translink
Westbound 6th Ave @ 10 St
0.19 km

1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 is serviced by Lord Kelvin Elementary School. The property with listing MLS® R2937223 is located 0.45 km from the school. Lord Kelvin Elementary School has a rating of Rating 5.2/10.

The closest Elementary independent school to this home for sale located at 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 is Our Lady of Mercy School with School's rating Rating 10/10, located 1.06 km from this home.

The closest to this address 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 Secondary independent school is Vancouver International College with School's rating No Rating, located 0.58 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 volation disturbances in this neighbourhood. The overall crime rate near the address - 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate next to the listing MLS® R2937223 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 134.4. There were 111 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -5.34%

Property crimes in the neighbourhood close to real estate listing for sale 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 are Average. Property misconduct rating adjacent to MLS® R2937223 is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -11.79%

There were 1,143 violent lawbreaking disorders in 2020. 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Westbound 6th Ave @ 10 St in 0.19 km away from this listing with - MLS® R2937223.

26.1% of people with university certificate/degree live in this neighbourhood adjacent to the 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 which is Above Average in comparison with other BC neighbourhoods. 13.6% of population in this neighbourhood that is near the Listing MLS® R2937223 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is $48474 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2937223 is $30674 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 58.9% which is Average.

Unemployment rate in the area around Real Estate Listing # R2937223 is 5.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 Uptown NW where population change between 2011 and 2016 was 2.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is 7617.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2937223 is 56.1% and it is Average. % of Married or living common law is around 47.9% and it is Low.

Average age of the population close to the 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 is 41.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is $755478 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4. $1505 owners spent in average for the dwelling. Tenants are paying $983 in this district close to MLS® R2937223 and it is Average comparing to other cities.

70.5% of Population in this district near the 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is 8.6%, it is Average, % of English speakers only is 89.2% and Average. % of Neither English nor French speakers close to home for sale 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC is 2.2% and it is Above Average comparing to other BC cities.

33.7% of all population in the area around this property with the address 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4, New Westminster, BC using Public Transport which is High, 59.7% of using population are using Cars around MLS® R2937223, which is Low. 0.9% of people using Bicycles around the 1001-1011 FIFTH AVENUE, New Westminster BC V3M 1Y4 and it is Average. 4.8% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $7,650,000
New Westminster No comparables
Uptown NW No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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