502 320 Royal Ave, New Westminster, BC | MLS^® R3080253 Property Details

Bright, south-facing corner 2-bedroom home with sweeping river and city views! This cozy yet functional suite offers plenty of natural light, updated kitchen and bath, and stainless steel appliances—move-in ready and easy to love. Set in a well-maintained concrete high-rise with a proactive strata and extensive upgrades including security, elevators, boilers, exterior paint, deck membrane, and refreshed tennis court and courtyard. Heat included, plus underground parking and a large storage locker. Pet-friendly and perfectly located just a 5-minute walk to SkyTrain, Queen’s Park, riverside trails, schools, and shopping. A fantastic opportunity in a walkable, lifestyle-rich New Westminster neighbourhood.

General Info

Price $449,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 917

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1975

Age Of Building 51

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3080253

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,448.2

Ownership Type Freehold Strata

Maintenance Fee $615.52

Community Features Shopping Nearby

Amenities Nearby Bike Room, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm 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 Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Rental Restrictions -

Zoning RM4

Rental Suites -

Laundry In Unit, Common Area

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description River & Downtown

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	11' x 11' ft
Main Level	Bedroom	9'7 x 9'7 ft
Main Level	Dining Room	7'4 x 7'4 ft
Main Level	Living Room	11'7 x 11'7 ft
Main Level	Kitchen	6'10 x 6'10 ft
Main Level	Foyer	4'4 x 4'4 ft

Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.

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

0.15 km

7.2/10

Middle

Fraser River Middle School

0.77 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

0.14 km

8.9/10

Excellent

Elementary, Secondary

Urban Academy

0.14 km

8.9/10

Excellent

Closest Transit

Bus Stop

Northbound Fourth St @ Agnes St

0.14 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 502 320 Royal Avenue, a beautiful property located in the heart of New Westminster, BC. As your trusted realtor, I'd like to take you on a tour of this amazing community and highlight its many charms.

Let's start with the schools. Your children will have access to École Qayqayt Elementary, a highly-rated school with a rating of 7.2/10, located just 0.15 km from this property with listing MLS^® R3080253. If you're looking for an independent elementary school, Urban Academy is just a stone's throw away, with a rating of 8.9/10 and situated 0.14 km from this home.

In addition to École Qayqayt Elementary, Urban Academy is also the closest secondary independent school to this address, with a rating of 8.9/10 and located 0.14 km from this property.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. That's reassuring news for families and individuals looking for a safe place to call home. To give you a better idea, there were 5,584 violent disturbances in this neighbourhood in 2020, and the rate of drug-related crimes is Below Average, with a rating of 134.4.

As for property crimes, the neighbourhood surrounding this listing (MLS^® R3080253) is considered Average, with a property misconduct rating of 3,807.97 and 3,145 incidents in 2020. Year over year, property misconduct rates have decreased by 11.79%. Additionally, the violent crime rate is Average, with 1,143 incidents in 2020 and a rate of 1,383.94.

When it comes to transportation, you'll find the Northbound Fourth St @ Agnes St bus station just 0.14 km away from this property, making it easy to get around the city.

Now, let's dive into the demographics of the area. Did you know that 28.2% of the population in this neighbourhood (adjacent to 502 320 Royal Avenue) have a university certificate or degree, which is Above Average compared to other BC neighbourhoods? On the other hand, 9.8% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this dwelling (502 320 Royal Avenue, New Westminster, BC) is $53,867, which is Below Average compared to the British Columbia average. However, the median personal income is $36,445, which is Average in comparison to the BC average. Interestingly, 80% of households in this census subdivision have a mortgage, which is High.

The unemployment rate in the area surrounding Real Estate Listing # R3080253 is 4.7%, which is Low compared to other provincial neighbourhoods.

As for the population growth, this real estate is located in the Downtown NW area, where the population change between 2011 and 2016 was 14.2%, which is High compared to average growth rates in this region.

In terms of population density, this community has a density of 7,086.6 people per square kilometre, which is High.

On average, families in this area have 2.3 members, which is Low compared to the whole region. Moreover, 39.1% of families in this area have children, which is Low compared to other areas. Interestingly, 42.5% of the population in this area are married or living common law, which is also Low.

The average age of the population in this area is 41.2, which is Average compared to other BC cities.

Finally, let's talk about the real estate context. The average value of dwellings in this neighbourhood is $308,910, which is Average compared to other areas in British Columbia. Homeowners in this area spend an average of $1,270 per month on their mortgage payments, which is Average. Tenants in this area pay an average of $980 per month, which is also Average.

Interestingly, 58.4% of the population in this area are renters, which is High compared to other BC cities and areas. Finally, 44.1% of the population in this area use public transportation, which is High, while 46.9% use cars, which is Low. 0.6% of the population use bicycles, which is Below Average, and 8.4% walk, which is Above Average.

In conclusion, 502 320 Royal Avenue is a fantastic property located in a vibrant and diverse community in New Westminster, BC. With its excellent schools, safe and secure