501 500 Royal Ave, New Westminster, BC, MLS® R3069809

$545,000
Est. Mortgage /mo

$545,000
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
$ 290.75 Maint. Fee
590 sqft
2014 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

501 500 Royal Ave, New Westminster, BC | MLS® R3069809 Property Details

Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister.

General Info

Price $545,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 590
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3069809
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Gross Taxes $2,269.26
Ownership Type Freehold Strata
Maintenance Fee $290.75
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RM-6A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description River-Southeast
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

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
0.33 km
7.2/10
Middle
Fraser River Middle School
0.61 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
0.28 km
8.9/10
Excellent
Elementary, Secondary
Urban Academy
0.28 km
8.9/10
Excellent

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.15 km
Skytrain
Skytrain @ Columbia Stn
0.29 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 501 500 Royal Avenue, a Thriving Community in New Westminster, BC

As we step into the charming neighborhood of 501 500 Royal Avenue, you'll notice a vibrant community that's perfect for families, professionals, and individuals alike. This desirable property, listed as MLS® R3069809, offers an exceptional living experience in the heart of New Westminster, BC.

Exceptional Education Opportunities

The property is serviced by École Qayqayt Elementary, a highly-rated school with a rating of 7.2/10, located just 0.33 km away. Families love this area because of the excellent educational institutions, and we're proud to say that Urban Academy, an independent elementary and secondary school, is just 0.28 km away with a rating of 8.9/10.

A Safe and Secure Community

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 501 500 Royal Avenue, New Westminster, BC has an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. With a below-average rate of drug-related crimes and a stable property crime rate, you can enjoy peace of mind knowing that this community is a safe place to call home.

Thriving Demographics

The demographics of this neighborhood are impressive, with 37.7% of the population holding a university certificate or degree, making it one of the highest in British Columbia. Additionally, the median household income is $63,502, which is Average compared to the BC average. With a low unemployment rate of 5.4%, residents of this community are well-supported and connected.

Convenient and Accessible

The property is conveniently located near public transportation, with the Northbound Fourth St @ Agnes St bus station just 0.15 km away. Residents can easily commute to work, school, or explore the city's attractions.

Amenities and Lifestyle

This neighborhood offers a wide range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families in this area is 2.4, which is Low compared to the whole region. With 36.5% of families with children and 51.5% of married or living common-law couples, this community is perfect for growing families or couples looking for a sense of community.

Real Estate Context

The average value of dwellings in this neighborhood is $345,210, which is Average compared to other areas in British Columbia. With average owner payments of $1,396 and tenant payments of $1,201, this community offers a range of housing options to suit different budgets and lifestyles.

Make 501 500 Royal Avenue Your Home

As a trusted realtor with extensive knowledge of this community, I invite you to experience the charm and character of 501 500 Royal Avenue, New Westminster, BC. With its exceptional education opportunities, safe and secure environment, thriving demographics, convenient location, and wide range of amenities, this property is the perfect place to call home. Don't miss out on this incredible opportunity - contact me today to schedule a viewing of MLS® R3069809.

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 $545,000
New Westminster $519,121
Downtown NW $487,830
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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