306 48 Richmond St, New Westminster, BC, MLS® R3037151

$549,900
Est. Mortgage /mo

8.3% price reduction

$549,900
$599,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 447 Maint. Fee
879 sqft
1993 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

306 48 Richmond St, New Westminster, BC | MLS® R3037151 Property Details

8.3% price reduction

This spacious and spotless 1 bed 1 bath condo offers a bright, open floor plan and a generous deck showcasing STUNNING FRASER RIVER & MOUNTAIN VIEWS. Large windows flood the space with natural light, complementing the freshly painted interior. Enjoy stainless appliances including a microwave. Tile flooring in the kitchen and laminate flooring throughout the rest of the home. Close to Brewery District in the heart of Sapperton's restaurants, shopping, sky train and the hospital. Close to the new Canada Games Pool/Rec Centre & beautiful Queen's Park. The well-run and maintained building features a new roof, guest suite, secure parking, bike storage & storage locker. 1 parking spot. Pet & family friendly. Move-in ready and waiting for you!

General Info

Price $549,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 879
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1993
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3037151
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Gross Taxes $2,251.16
Ownership Type Freehold Strata
Maintenance Fee $447
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning STRATA
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description FRASER RIVER & MOUNTAIN
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
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Listed by: One Percent Realty Ltd.

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
Richard McBride Elementary School
Average
1.04 km
6.1/10
Middle
École Glenbrook Middle School
1.19 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
1.31 km
8.9/10
Excellent
Elementary, Secondary
Urban Academy
1.31 km
8.9/10
Excellent

Closest Transit

Bus Stop
Southbound Richmond St @ Miner St
0.09 km
Skytrain
Skytrain @ Sapperton Stn
0.89 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
Possible

Welcome to the vibrant community of New Westminster, located at 306 48 Richmond Street, a fantastic property listed as MLS® R3037151. As we walk through this charming neighborhood, I'll highlight the excellent schools, low crime rates, and desirable demographics that make this area a sought-after choice for families and individuals alike.

Schools

Let's start with the quality of education in the area. Richard McBride Elementary School, located just 1.04 km from the property with MLS® R3037151, has a rating of 6.1/10. This school is a great option for families, and nearby Urban Academy, an independent elementary and secondary school, boasts an impressive rating of 8.9/10, with students enjoying a short 1.31 km commute.

Crime Rate

Now, let's talk about safety. 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. The rate of drug-related crimes is below average, at 134.4, with a year-over-year decrease of 5.34%. Property crimes are also average, with a rating of 3,807.97, and a decrease of 11.79% over the past year. Violent crimes are relatively low, with an average rate of 1,383.94, and a decrease of 5.91% year over year.

Demographics

The demographics of this area are quite appealing. A high percentage of residents, 33.6%, hold a university certificate or degree, making it an excellent choice for professionals and students. On the other hand, only 9.3% of the population has no certificate or degree, which is lower than the average in BC. The median household income is $84,130, which is above average in British Columbia, while the median personal income is $43,799, also higher than the provincial average.

Transit

Convenience is key in this neighborhood. The Southbound Richmond St @ Miner St bus station is just 0.09 km away from MLS® R3037151, making public transportation easily accessible.

Lifestyle Amenities

This area offers an excellent quality of life, with plenty of parks, beaches, trails, and shopping centers nearby. Residents can enjoy the beautiful views of the Fraser River, visit the nearby Fraser River Discovery Centre, or explore the historic district of New Westminster.

Real Estate Context

In terms of real estate, the average dwelling value in this neighborhood is $669,254, which is higher than in many other areas of British Columbia. The average owner payments are also above average, with homeowners spending around $1,487 per month, while tenants pay $1,302, also above the average.

Community

This community is family-friendly, with 52.2% of families having children, and an average family size of 2.7, which is below average in the region. The population is relatively young, with an average age of 44.3, and a high percentage of English and French speakers, making it an excellent choice for those who value a diverse community.

Unemployment Rate

Unemployment rates in this area are low, at 6.5%, which is below average in the province. This makes it an attractive choice for those looking to start a new career or business.

Growth and Development

This neighborhood is experiencing steady growth, with a population increase of 9.5% between 2011 and 2016, which is higher than the average growth rate in the region. The population density is also high, at 4,442.1 people per square kilometer.

In conclusion, the property at 306 48 Richmond Street, New Westminster, BC, listed as MLS® R3037151, offers an excellent quality of life, with access to great schools, low crime rates, and desirable demographics. Whether you're a family or an individual, this neighborhood has something to offer everyone. Come and explore this vibrant community today!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $549,900
New Westminster $528,500
Fraserview NW $508,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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