119 550 Royal Ave, New Westminster, BC | MLS^® R3086522 Property Details

852 square feet PLUS 333 square feet of patio space perched up on the hill (not ground floor) with a quiet, sunny Southeast exposure. Move-in ready with large, functional spaces. Updated flooring, kitchen, bathroom. And in-suite laundry added with strata permission. Rainscreened building with extensive exterior renovations (circa 2005) including all siding, windows, doors, railings, balconies, patios. Re-piped 2005, elevator 2015 and an upcoming new roof that’s just been paid for. Convenient Downtown New West location, an easy walk to Skytrain and local shops. Pet friendly: 2 cats or 1 dog (maximum 35 lbs). Open House Sat Feb 7 1:30-3:00

General Info

Price $535,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 852

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1980

Age Of Building 46

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3086522

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,306.64

Ownership Type Freehold Strata

Maintenance Fee $368.77

Community Features Shopping Nearby

Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water

Heating & Cooling

Fireplace 0

Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

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

Rental Restrictions 100

Zoning C-4

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Wall/Wall/Mixed

Foundation Concrete Perimeter

View Description -

Units In Development 55

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'5 x 19'5 ft
Main Level	Dining Room	8'1 x 8'1 ft
Main Level	Kitchen	7'8 x 7'8 ft
Main Level	Primary Bedroom	13'0 x 13'0 ft
Main Level	Bedroom	11'3 x 11'3 ft

Listed by: RE/MAX All Points Realty

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

École Qayqayt Elementary

Above Average

0.42 km

7.2/10

Middle

Fraser River Middle School

0.52 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary

Urban Academy

0.37 km

8.9/10

Excellent

Elementary, Secondary

Urban Academy

0.37 km

8.9/10

Excellent

Closest Transit

Bus Stop

Northbound 6th St @ Royal Ave

0.08 km

Skytrain

Skytrain @ Columbia Stn

0.33 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 119 550 Royal Avenue, a stunning property located in the heart of Downtown NW, New Westminster, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this fantastic home.

Education

When it comes to schools, families love this area because of the excellent École Qayqat Elementary, which is just a 0.42 km walk from our property with the listing MLS^® R3086522. This highly-rated elementary school boasts a 7.2/10 rating, making it a top choice for parents. If you're looking for an independent school option, Urban Academy is just 0.37 km away, with an impressive 8.9/10 rating.

Safety

Let's talk about safety. According to Statistics Canada's 2020 report, the neighbourhood surrounding 119 550 Royal Avenue, New Westminster, BC has an average crime rate of 6,761.11 incidents per 100,000 population, which is comparable to other Canadian cities. While there were 5,584 disturbances in the area, the year-over-year change in the total crime rate is a positive -10.42%. Specifically, the drug crime rate is below average, with a rating of 134.4, and the property crime rate is average, with a rating of 3,807.97. Violent lawbreaking disorders are also relatively low, with an average rate of 1,383.94.

Demographics

This neighbourhood is a vibrant and diverse community, with 37.7% of residents holding a university certificate or degree, which is high compared to other BC neighbourhoods. However, 5.8% of the population has no certificate or degree, which is low compared to the average in BC. The median household income is $63,502, which is average compared to the British Columbia average. Meanwhile, the median personal income is $40,092, which is above average. A significant 80% of households in this census subdivision have a mortgage, which is high.

Transit

Convenience is key, and 119 550 Royal Avenue, New Westminster, BC is perfectly situated for commuters. The Northbound 6th St @ Royal Ave bus station is just 0.08 km away, making it easy to get around the city.

Lifestyle Amenities

This property offers easy access to a range of lifestyle amenities, including parks, beaches, trails, dog parks, and shopping malls. The average value of dwellings in this neighbourhood is $345,210, which is average compared to other areas in British Columbia.

Real Estate Context

In terms of real estate, the average owner payment is above average in this area, with homeowners spending an average of $1,396 per month. Tenants, on the other hand, pay an average of $1,201 per month, which is also above average. A significant 37.7% of the population in this district are renters, which is above average compared to other BC cities and areas.

Unemployment Rate

The unemployment rate in this area is 5.4%, which is low compared to other province neighbourhoods.

Population Growth

This neighbourhood has experienced significant growth, with a population change of 19.4% between 2011 and 2016, which is high compared to average growth rates in this region.

Amenities Galore

With a population density of 9,970.8 people per square kilometre, this community is bustling with activity. The average size of families in this area is 2.4, which is low compared to the whole region. However, the percentage of families with children is 36.5%, which is low. The average age of the population is 39.4, which is below average compared to other BC cities.

Your Dream Home Awaits

119 550 Royal Avenue, New Westminster, BC MLS^® R3086522 is the perfect opportunity to own a piece of this vibrant community. With its excellent schools, safe and diverse neighbourhood, and convenient transit options, this property has everything you need to call it home. Don't miss out on this chance to make your dreams a reality. Contact me today to schedule a viewing and make 119 550 Royal Avenue your dream home.