201 550 Eighth St, New Westminster, BC | MLS^® R3069279 Property Details

20.24% cheaper than comparables

This large corner two-bedroom, one-bathroom home sits in Parkridge, a well-kept 1982 concrete building in Uptown New Westminster, right across from Moody Park and steps to Royal City Centre, Walmart, the library, and transit. The location is known for its walkability and everyday convenience. The building offers a proactive strata and this unit includes one parking stall. With its central setting and solid construction, Parkridge continues to be a reliable choice for spacious, comfortable condo living. Check out video highlighting this unit and its location!

General Info

Price $415,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1015

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1982

Age Of Building 43

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Stove, Microwave

Building Amenities Trash, Maintenance Grounds, Hot Water, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3069279

Area New Westminster

Neighbourhood Uptown NW

City New Westminster

Gross Taxes $2,230.01

Ownership Type Freehold Strata

Maintenance Fee $601.76

Amenities Nearby Trash, Maintenance Grounds, Hot Water, Water

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns

Pet Restrictions No

Rental Restrictions -

Zoning RM-4

Rental Suites -

Laundry In Unit

# of Kitchens 0

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'6 x 12'6 ft
Main Level	Dining Room	8'5 x 8'5 ft
Main Level	Bedroom	9'6 x 9'6 ft
Main Level	Primary Bedroom	10'2 x 10'2 ft
Main Level	Foyer	7'11 x 7'11 ft

Listed by: Macdonald 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

Lord Kelvin Elementary School

Average

0.46 km

5.2/10

Middle

Fraser River Middle School

0.86 km

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

Private Schools

Elementary

Our Lady of Mercy School

1 km

10/10

Excellent

Secondary

Vancouver International College

0.27 km

Closest Transit

Bus Stop

Westbound Sixth Ave @ Eighth St

0.05 km

Skytrain

Skytrain @ New Westminster Stn

1.34 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 201 550 Eighth Street, a charming residence in New Westminster, BC!

As you walk through the doors of this lovely property, you'll feel the warmth and character of the community surrounding it. Located in the heart of New Westminster, this home boasts an excellent location, making it perfect for families and professionals alike.

Education:

The school district is a top priority for many families, and I'm pleased to report that 201 550 Eighth Street is serviced by Lord Kelvin Elementary School, rated 5.2/10. This school is just a 0.46-kilometer stroll from your front door, making it an ideal choice for families with children. If you're looking for an alternative, Our Lady of Mercy School, rated 10/10, is just 1 kilrometer away. For secondary education, Vancouver International College, with no rating, is conveniently located 0.27 kilometers from your home.

Crime Rates:

According to the latest statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11 incidents per 100,000 population, which is typical for urban areas. However, I'd like to emphasize that the rate of drug-related crimes is below average, with a rating of 134.4 and 111 incidents in 2020, representing a -5.34% year-over-year change. It's reassuring to know that you'll enjoy a safe and secure living environment.

Demographics:

This community is diverse and dynamic, with a median household income of $48,474, which is lower than the British Columbia average. However, the median personal income is $30,674, also below average. Despite this, the unemployment rate is a low 5.3%, making it an attractive option for job seekers. The neighborhood has seen a population growth rate of 2.7% between 2011 and 2016, which is above average.

Transit:

Getting around is easy with several transportation options nearby. The Westbound Sixth Ave @ Eighth St bus station is just 0.05 kilometers away, providing convenient access to public transportation.

Lifestyle Amenities:

This neighborhood offers a great balance of urban conveniences and natural beauty. You'll find parks, beaches, and trails nearby, perfect for outdoor enthusiasts. The area is also home to a variety of restaurants, coffee shops, and shopping centers, making it easy to stay entertained and connected.

Real Estate Context:

The average value of dwellings in this neighborhood is $755,478, which is higher than the British Columbia average. The average owner payments are above average, with homeowners spending an average of $1,505 per month. Renters pay an average of $983 per month, which is average compared to other cities.

Community Facts:

This community is home to a diverse population, with 26.1% of residents holding a university certificate or degree, which is above average. However, 13.6% of the population has no certificate or degree, which is below average. The average family size is 2.7, which is below average. The average age of the population is 41.3, which is average.

Renters and Owners:

70.5% of the population in this neighborhood are renters, which is higher than the average in British Columbia. However, 58.9% of households have a mortgage, which is average.

Language and Transportation:

The majority of residents in this neighborhood speak English only, with 89.2% of the population identifying as English speakers. However, 2.2% of the population speaks neither English nor French, which is above average. The most common modes of transportation in this neighborhood are public transport (33.7%), cars (59.7%), and walking (4.8%).

Experience the Best of New Westminster:

When you live at 201 550 Eighth Street, you'll experience the best of New Westminster's vibrant community. From its excellent schools to its convenient location and natural beauty, this home offers the perfect blend of lifestyle and location.

MLS^® R3069279:

Don't miss this opportunity to own a piece of New Westminster's history. Contact me today to schedule a viewing and make 201 550 Eighth Street, MLS^® R3069279, your dream home.

Your Local Realtor:

As a seasoned realtor with over a decade of experience in British Columbia real estate, I'm dedicated to helping you find your perfect home. Let me guide you through the process and make your real estate dreams a reality.

201 550 Eighth Street, New Westminster, BC:

Experience the best of New Westminster living at 201 550 Eighth Street. Contact me today to schedule a viewing and make this beautiful home your own!