510 500 Royal Ave, New Westminster, BC | MLS^® R3062219 Property Details

Developed by Ledingham McAllister and is centrally located in the heart of the Royal City. This ft. with 2 bedrooms and 2 bathrooms offers an expensive open-concept kitchen and living room, and 805 sq. spacious deck where you can entertain in style. Master bedroom with walk-in closet and ensuite bathroom. Laminate flooring in the living/dining/kitchen and are pet friendly, with restrictions. Close to Skytrain, New Westminster Quay with local stores, restaurants, coffee shops. Nearby Shopping (Royal City Centre 6 mins away), Parks, and Entertainment (Landmark Cinemas 5 min drive/12min walk). Dominion is in the best location New Westminster has to offer! School catchment; K-5 Ecole Qayqayt Elementary, 6-8 Fraser River Middle, 9-12 New Westminster Secondary, Douglas College New West Campus.

General Info

Price $698,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 805

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, Hot Water, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3062219

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,810.42

Ownership Type Freehold Strata

Maintenance Fee $472.6

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.

Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Rental Restrictions -

Zoning RM6-A

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View -

View Description -

Units In Development 118

Exterior Features Balcony

Sewer Public Sewer

Roof Asphalt, Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'5 x 11'5 ft
Main Level	Dining Room	11'2 x 11'2 ft
Main Level	Kitchen	12'5 x 12'5 ft
Main Level	Primary Bedroom	10' x 10' ft
Main Level	Bedroom	9' x 9' ft
Main Level	Walk-In Closet	4'4 x 4'4 ft
Main Level	Laundry	2'7 x 2'7 ft
Main Level	Foyer	3'10 x 3'10 ft

Listed by: Macdonald 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

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 510 500 Royal Avenue, a charming property located in the heart of New Westminster, BC!

As we walk through the community, I'm excited to share with you the amenities and features that make this home so special.

Schools

Just down the road, you'll find École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating. Located just 0.33 km from the property, this school is a top choice for families. Additionally, Urban Academy, an independent school with an 8.9/10 rating, is just 0.28 km away, making it an excellent option for those seeking a secondary education.

Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood is considered Average in terms of crime rate, with 6,761.11 incidents per 100,000 population. This is compared to other Canadian cities, where the rate is 6,761.11. While there were 5,584 reported disturbances in the area, the overall crime rate near 510 500 Royal Avenue, New Westminster, BC is Average, with a slight decrease of -10.42% in the total crime rate year-over-year.

Demographics

This community is known for its diverse population, with 37.7% of residents holding a university certificate or degree, making it a High percentage compared to other BC neighborhoods. However, 5.8% of the population in this area near the MLS^® R3062219 listing has no certificate or degree, which is Low compared to the average in BC.

Transit

Convenience is key when it comes to transportation, and 510 500 Royal Avenue, New Westminster, BC has it in spades. The Northbound Fourth St @ Agnes St bus station is just 0.15 km away, making it easy to get around without a car.

Lifestyle Amenities

This neighborhood is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails nearby. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops to suit every taste and preference. The average dwelling value in this area is $345,210, which is Average compared to other areas in British Columbia.

Real Estate Context

In terms of real estate, the property at 510 500 Royal Avenue, New Westminster, BC, MLS^® R3062219, offers a unique opportunity to own a piece of this vibrant community. With average owner payments of $1,396, which is Above Average in the area, and tenants paying $1,201, this property is a great investment for anyone looking to own a home in this desirable neighborhood.

Insider Insights

As a local realtor with over a decade of experience, I can assure you that this community is a hidden gem. With its high population growth rate (19.4% between 2011 and 2016), this area is poised for continued development and investment.

Key Statistics

Average age of the population: 39.4 (Below Average compared to other BC cities)
Average family size: 2.4 (Low compared to the whole region)
Percent of families with children: 36.5% (Low)
Percent of married or living common law: 51.5% (Below Average)
Unemployment rate: 5.4% (Low compared to other province neighborhoods)
Population density per square kilometer: 9,970.8 (High)
Average value of dwellings: $345,210 (Average compared to other areas in British Columbia)

Conclusion

510 500 Royal Avenue, New Westminster, BC, MLS^® R3062219, is a unique opportunity to own a piece of this vibrant community. With its highly-rated schools, Average crime rate, and diverse population, this property is a great choice for anyone looking to own a home in this desirable neighborhood. Contact me today to schedule a viewing and make this property your home!