1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC

$3,832,140
Est. Mortgage /mo

MLS® R2769306

Closed

$3,490,195
Closed at 22 Oct 2024
Listing price: $3,832,140
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
0 Baths
2 Stories
lot 0 sqft
2008 sqft
1946 built
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Property details

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1923 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City's affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment.

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Property History

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Status Date Price
Sold 10-22-2024 $3,832,140

Listed by:

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 Tweedsmuir Elementary School
Average
0.56 km
Rating 6.5/10
Middle
Fraser River Middle School
2 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
Above Average
1.67 km
Rating 10/10
Secondary
St.Thomas More Collegiate
1.67 km
No Rating

Closest Transit

Translink
Westbound Marine Way @ 20 St
0.19 km

1927 MARINE WAY, New Westminster BC V3M 2E4 is serviced by Lord Tweedsmuir Elementary School. The property with listing MLS® R2769306 is located 0.56 km from the school. Lord Tweedsmuir Elementary School has a rating of Rating 6.5/10.

The closest Elementary independent school to this home for sale located at 1927 MARINE WAY, New Westminster BC V3M 2E4 is Our Lady of Mercy School with School's rating Rating 10/10, located 1.67 km from this home.

The closest to this address 1927 MARINE WAY, New Westminster BC V3M 2E4 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.67 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 - 1927 MARINE WAY, New Westminster BC V3M 2E4, 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® R2769306 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 1927 MARINE WAY, New Westminster BC V3M 2E4 are Average. Property misconduct rating adjacent to MLS® R2769306 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 Marine Way @ 20 St in 0.19 km away from this listing with - MLS® R2769306.

29.8% of people with university certificate/degree live in this neighbourhood adjacent to the 1927 MARINE WAY, New Westminster BC V3M 2E4 which is Above Average in comparison with other BC neighbourhoods. 12.1% of population in this neighbourhood that is near the Listing MLS® R2769306 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC is $90112 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2769306 is $37895 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.6% which is Average.

Unemployment rate in the area around Real Estate Listing # R2769306 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 1927 MARINE WAY, New Westminster BC V3M 2E4 West End NW where population change between 2011 and 2016 was 4.3%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC is 4304.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1927 MARINE WAY, New Westminster BC V3M 2E4 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2769306 is 67.7% and it is Above Average. % of Married or living common law is around 59.1% and it is Average.

Average age of the population close to the 1927 MARINE WAY, New Westminster BC V3M 2E4 is 39.5 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC is $1061615 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1927 MARINE WAY, New Westminster BC V3M 2E4. $1653 owners spent in average for the dwelling. Tenants are paying $1164 in this district close to MLS® R2769306 and it is Above Average comparing to other cities.

32.5% of Population in this district near the 1927 MARINE WAY, New Westminster BC V3M 2E4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC is 8.2%, it is Average, % of English speakers only is 89.3% and Average. % of French speakers adjacent to 1927 MARINE WAY, New Westminster BC V3M 2E4 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC is 2.5% and it is Above Average comparing to other BC cities.

25.7% of all population in the area around this property with the address 1927 MARINE WAY, New Westminster BC V3M 2E4, New westminster, BC using Public Transport which is High, 67.6% of using population are using Cars around MLS® R2769306, which is Low. 1.8% of people using Bicycles around the 1927 MARINE WAY, New Westminster BC V3M 2E4 and it is Above Average. 3.6% 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 $3,832,140
New westminster $2,056,489
West End NW $3,299,968
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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