302 723 Twelfth St, New Westminster, BC | MLS^® R3061669 Property Details

6.8% price reduction

15.94% cheaper than comparables

Welcome to this cozy, self-managed building in the desirable Moody Park Neighbourhood of New Westminster. This one-bedroom, one-bathroom unit boasts a generous private patio offering private outdoor space. Ideally situated, the building is just moments from transit, schools, shopping, and recreational facilities. This is a fantastic opportunity to own an invest in a prime, central location. This unit needs some drywallwork and patining done and this is a strata rental building.

General Info

Price $345,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 676

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1995

Age Of Building 30

Building Type Apartment/Condo

Property Type Residential

Stories 1

Building Amenities Trash, Maintenance Grounds, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3061669

Area New Westminster

Neighbourhood Moody Park

City New Westminster

Gross Taxes $2,046.71

Ownership Type Freehold Strata

Maintenance Fee $338

Community Features Shopping Nearby

Amenities Nearby Trash, Maintenance Grounds, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces -

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Strata Restrictions Rentals Allowed

Rental Restrictions -

Zoning C-2A

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Elevator

View -

View Description -

Units In Development 20

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	0' x 0' ft
Main Level	Living Room	0' x 0' ft
Main Level	Kitchen	0' x 0' ft

Listed by: 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

0.21 km

5.2/10

Middle

Fraser River Middle School

1.33 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

0.56 km

10/10

Excellent

Secondary

St.Thomas More Collegiate

0.68 km

Closest Transit

Bus Stop

Southbound 12 St @ 8th Ave

0.06 km

Skytrain

Skytrain @ 22Nd St Stn

1.60 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 302 723 Twelfth Street, a beautiful property in the heart of New Westminster, BC, listed as MLS^® R3061669.

As we walk through this charming neighborhood, you'll notice the proximity to excellent schools, making it an ideal choice for families.

Lord Kelvin Elementary School

, rated 5.2/10, is conveniently located just 0.21 km from this property, offering students a solid foundation for their educational journey.

For those seeking a more traditional education,

Our Lady of Mercy School

, an Elementary independent school with an impressive rating of 10/10, is just 0.56 km away. This school provides a nurturing environment that fosters academic excellence.

At the secondary level,

St.Thomas More Collegiate

, a Secondary independent school, is located 0.68 km from this address. Although it doesn't have a rating, it's a great option for students seeking a unique educational experience.

Crime rates

in the area are a concern for many homebuyers. According to the latest statistics from Statistics Canada (2020), the overall crime rate near

302 723 Twelfth Street, New Westminster, BC

is 6,761.11, which is considered Average compared to other Canadian cities. The good news is that the crime rate has decreased by 10.42% year over year, making this neighborhood a relatively safe choice.

Let's take a closer look at the specific types of crimes in the area. The

drug crime rate

is Below Average, with a rating of 134.4 and 111 incidents in 2020. The year-over-year change in the ranking is -5.34%.

Property crimes

are Average, with a rating of 3,807.97 and 3,145 incidents in 2020. The year-over-year change in the ranking is -11.79%. Lastly, the

violent crime rate

is Average, with 1,143 incidents in 2020 and a ranking of 1,383.94.

Now, let's explore the neighborhood's

transit options

. The closest Bus station is

Southbound 12 St @ 8th Ave

, just 0.06 km away from this property with MLS^® R3061669.

In terms of demographics, this neighborhood is a great choice for students and professionals alike.

26.1%

of the population has a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand,

13.6%

of the population has no certificate or degree, which is Below Average compared to the average in BC.

Median Household Income

in the area is $48,474, which is Low compared to the British Columbia average.

Median personal income

is $30,674, which is Below Average compared to the BC average.

% of Households with a mortgage

is 58.9%, which is Average.

The

unemployment rate

in this area is 5.3%, which is Low compared to other province neighborhoods.

This neighborhood has experienced

above-average growth

, with a population change between 2011 and 2016 of 2.7%. The

population density

per square kilometer is 7,617.7, which is High.

Family dynamics

are also worth considering. The average family size in the area is 2.7, which is Below Average compared to the whole region.

% of families with children

is 56.1%, which is Average. On the other hand,

% of married or living common law

is 47.9%, which is Low.

Average age

of the population in the area is 41.3, which is Average compared to other BC cities.

In terms of

real estate

, the average value of dwellings in this neighborhood is $755,478, which is High compared to other areas in British Columbia.

Average owner payments

are Above Average in the area, with owners spending an average of $1,505 per month. Tenants, on the other hand, pay an average of $983 per month, which is Average compared to other cities.

% of renters

in the area is 70.5%, which is High compared to other BC cities and areas.

Lastly,

% of English and French speakers

in the area is 8.6%, which is Average.

% of English speakers only

is 89.2%, which is Average.

% of Neither English nor French speakers

is 2.2%, which is Above Average compared to other BC cities.

In terms of

transportation

33.7%

of the population uses Public Transport, which is High.

59.7%

of the population uses Cars, which is Low.

0.9%

of the population uses Bicy

302 723 Twelfth St, New Westminster, BC, MLS^® R3061669