505 740 Hamilton St, New Westminster, BC | MLS^® R3047196 Property Details

6.3% price reduction

Spacious two bedroom corner unit at "The Statesman", a solid building on a very large site in UPTOWN New Westminster. Located directly across the street from Moody Park and just a short walk to the best shopping and dining, this home also provides immediate access to transit and vehicle routes direct to downtown Vancouver. There is plenty of natural light in the suite, a large living room and dining room, lovely wood kitchen and bathroom cabinets as well as an in-suite storage area and an enclosed balcony. Comes with secure parking and in-suite and external storage. Available for quick possession.

General Info

Price $449,900

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 856

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1974

Age Of Building 51

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Refrigerator, Stove

Building Amenities Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3047196

Area New Westminster

Neighbourhood Uptown NW

City New Westminster

Gross Taxes $2,079.88

Ownership Type Freehold Strata

Maintenance Fee $621.53

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard, Hot Water

Utilities

Utility Type Community

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Concrete

Total Parking Spaces 1

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Strata Restrictions Pets Allowed w/Rest.

Pet Restrictions No Cats, No Dogs, Yes With Restrictions

Rental Restrictions -

Zoning CD

Rental Suites -

Laundry Common Area

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description Mountain

Units In Development 88

Exterior Features Garden, Balcony

Sewer Public Sewer

Roof Other

Property History

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	8' x 8' ft
Main Level	Kitchen	7' x 7' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	9' x 9' ft
Main Level	Foyer	8'6 x 8'6 ft
Main Level	Storage	4' x 4' ft

Listed by: Sutton Centre Realty

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

0.43 km

5.2/10

Middle

Fraser River Middle School

1.16 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

0.77 km

10/10

Excellent

Secondary

Vancouver International College

0.34 km

Closest Transit

Bus Stop

Northbound 8th St @ 7th Ave

0.05 km

Skytrain

Skytrain @ New Westminster Stn

1.64 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 community in New Westminster, BC, where you'll find the beautiful property at 505 740 Hamilton Street, listed as MLS^® R3047196. As we walk through this vibrant neighborhood, let's start with the schools.

Just down the road, you'll find Lord Kelvin Elementary School, a reputable institution that serves this area. The property at 505 740 Hamilton Street is conveniently located 0.43 km from the school, making it an ideal choice for families. Lord Kelvin Elementary School has a rating of 5.2/10, providing a solid foundation for young minds to grow and thrive.

For families seeking a more independent school experience, Our Lady of Mercy School is the closest option, boasting a rating of 10/10 and located 0.77 km from this home. If you're looking for a secondary independent school, Vancouver International College is just 0.34 km away, offering a unique educational experience with a rating of no rating available.

Now, let's talk about safety. The latest crime data from Statistics Canada (2020) shows that this neighborhood has 5,584 reported incidents, with a total crime rate of 6,761.11 per 100,000 population. This is considered an average rate compared to other Canadian cities. Additionally, the crime rate has seen a decline of -10.42% over the years.

When it comes to specific types of crime, the neighborhood surrounding MLS^® R3047196 has a below-average drug crime rate, with 134.4 incidents per 100,000 population. The year-over-year change in this rate is -5.34%. Property crimes are also average in this area, with 3,807.97 incidents per 100,000 population. The violent crime rate is also average, with 1,383.94 incidents per 100,000 population. The year-over-year change in this rate is -5.91%.

As for transportation, the closest bus station is Northbound 8th St @ 7th Ave, conveniently located just 0.05 km away from this listing with MLS^® R3047196. This makes it easy to get around the city without needing a car.

Now, let's dive into the demographics of this vibrant community. According to the latest data, 27% of the population in this area holds a university certificate or degree, which is above average compared to other BC neighborhoods. On the other hand, 14.9% of the population in this area has no certificate or degree, which is below average compared to the average in BC.

In terms of income, the median household income in this neighborhood is $47,232, which is considered low compared to the British Columbia average. The median personal income is also below average, at $30,640. Additionally, 48.1% of households in this area have a mortgage, which is below average.

When it comes to employment, the unemployment rate in this area is 6.9%, which is below average compared to other province neighborhoods. This suggests a relatively stable job market, making it an attractive choice for those looking to relocate.

As for population growth, this area has seen a 7.5% increase in population between 2011 and 2016, which is above average compared to average growth rates in this region. This indicates a dynamic and thriving community.

In terms of family dynamics, the average family size in this area is 2.5, which is considered low compared to the whole region. Additionally, 48% of families in this area have children, which is below average. The percentage of married or living common law individuals is also relatively low, at 47.6%.

When it comes to age, the average age of the population in this area is 51.1, which is considered high compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $444,053, which is above average compared to other areas in British Columbia. When it comes to owner payments, the average owner payment in this area is below average, at $1,103.

Interestingly, 48% of the population in this area are renters, which is high compared to other BC cities. This suggests a diverse and dynamic community with a mix of homeowners and renters.

Lastly, when it comes to language, the percentage of English and French speakers in this area is 6.9%, which is average. The percentage of English speakers only is 89.1%, which is also average. On the other hand, the percentage of French speakers only is 0.1%, which is low.

In terms of transportation, 28.6% of the population in this area use public transport, which is high. On the other hand, 59% of the population use cars, which is low. The percentage of people using bicycles is also low, at