502 320 Royal Ave, New Westminster, BC, MLS® R3087556

$445,000
Est. Mortgage /mo

NEW

$445,000
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
2 Beds
1 Baths
1 Stories
$ 615.52 Maint. Fee
917 sqft
1975 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

502 320 Royal Ave, New Westminster, BC | MLS® R3087556 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. Open House Saturday 2 to 4 PM.

General Info

Price $445,000
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, Heat, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3087556
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, Heat, 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 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
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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
0.16 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 this charming home located at 502 320 Royal Avenue in New Westminster, BC, proudly presented with MLS listing R3087556. As we walk through the community, I'm excited to share with you the unique features and benefits of this fantastic neighborhood.

Education

First, let's talk about the schools in the area. École Qayqayt Elementary, located just 0.16 km from this home, has a rating of 7.2/10, making it a great option for families. However, if you're looking for an independent school, Urban Academy is just around the corner, with a rating of 8.9/10 and a 0.14 km distance from this home. I've noticed that families love this area because of the quality of education and the proximity to these excellent schools.

Safety

As we consider the safety of the community, I'm happy to report that the overall crime rate near 502 320 Royal Avenue, New Westminster, BC is 6,761.11, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 5,584 volation disturbances in this neighborhood. However, the good news is that the crime rate has decreased by 10.42% year-over-year. This area is considered safe, giving you peace of mind.

Demographics

Let's take a look at the demographics of the community. With 28.2% of the population holding a university certificate or degree, this neighborhood is Above Average compared to other BC neighborhoods. On the other hand, 9.8% of the population have no certificate or degree, which is Low compared to the average in BC. The median household income is $53,867, which is Below Average compared to the British Columbia average. However, the median personal income is $36,445, which is Average compared to the BC average.

Transit

Convenience is key, and this neighborhood has plenty of it. The closest bus station, Northbound Fourth St @ Agnes St, is just 0.14 km away from this home. With a population of 7086.6 people per square kilometer, this community is densely populated, making public transportation a popular choice. In fact, 44.1% of the population uses public transport, which is High compared to other cities.

Lifestyle Amenities

This neighborhood has everything you need to live a comfortable and active lifestyle. You'll find parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With a population density of 7086.6 people per square kilometer, there's always something happening in this vibrant community.

Real Estate Context

As we talk about the real estate context, I'm happy to report that the average size of families in the area is 2.3, which is Low compared to the whole region. The percent of families with children is 39.1%, which is Low. However, the average age of the population is 41.2, which is Average compared to other BC cities. The average value of dwellings in this neighborhood is $308,910, which is Average compared to other areas in British Columbia.

Housing

Let's talk about housing. With 58.4% of the population renting, this neighborhood is High compared to other BC cities and areas. The average owner payments are Average, with owners spending $1,270 per month on their dwellings. Tenants are paying $980 per month, which is Average compared to other cities.

Language

Finally, let's talk about language. With 8.2% of the population speaking English and French, this neighborhood is Average compared to other BC cities. However, 90.7% of the population speaks English only, which is Average. 1.3% of the population speaks neither English nor French, which is Average compared to other BC cities.

In conclusion, this charming home at 502 320 Royal Avenue in New Westminster, BC, proudly presented with MLS listing R3087556, offers a unique combination of safety, education, demographics, transit, lifestyle amenities, and real estate context. Whether you're a family looking for a quality education or a professional seeking a convenient lifestyle, this neighborhood has something for everyone. Contact me today to schedule a viewing and make this home your own!

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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 $445,000
New Westminster $481,223
Downtown NW $530,363
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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