607 500 Royal Ave, New Westminster, BC, MLS® R3077548

$479,999
Est. Mortgage /mo

$479,999
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
$ 285.34 Maint. Fee
570 sqft
2014 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

607 500 Royal Ave, New Westminster, BC | MLS® R3077548 Property Details

Come see this incredible opportunity on the TOP FLOOR at Ledingham McAllister's Dominion. This open plan penthouse has impeccable views of New Westminster City Hall and its surrounding property from your beautiful, private balcony. Enjoy a large kitchen island with quartz countertops, classy kitchen cabinetry with Kohler fixtures, halogen track lighting, and stainless steel appliances. Your home will be easily maintained with the laminate flooring throughout. Achieve peace of mind with a well run Strata and LOW STRATA FEES! The central location on Royal Avenue gets you to the best that New Westminster has to offer in no time! Reach out to schedule your own private viewing today!

General Info

Price $479,999
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 570
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2014
Age Of Building 12
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3077548
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Gross Taxes $2,221.28
Ownership Type Freehold Strata
Maintenance Fee $285.34
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RM-6A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Locker 1
View Description -
Units In Development 118
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Torch-On

Property History

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Status Date Price
Show more

Listed by: Oakwyn Realty Encore

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 the vibrant community of New Westminster, where the charming 607 500 Royal Avenue stands out as a beautiful home for sale, boasting the listing MLS® R3077548. As your trusted realtor, I'm delighted to share with you the wonderful amenities and features of this fantastic neighborhood.

Let's start with the excellent educational opportunities available to families in this area. The property is conveniently located just 0.33 km from École Qayqayt Elementary, which boasts a rating of 7.2/10. This school has earned a reputation for providing a high-quality education to its students, making it a popular choice among parents. Just down the road, you'll find the Urban Academy, an independent elementary and secondary school with an impressive rating of 8.9/10, situated a mere 0.28 km from this home.

Now, let's talk about the safety and security of the neighborhood. According to the latest crime statistics from Statistics Canada (2020), the area surrounding 607 500 Royal Avenue, New Westminster, BC, has an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. What's more reassuring is that the neighborhood has seen a significant reduction in crime rates over the years, with a year-by-year change of -10.42%.

When it comes to specific types of crime, the statistics paint a reassuring picture. The drug crime rate near this property is Below Average, with a rating of 134.4 and 111 incidents in 2020. This is a testament to the community's efforts to maintain a safe and healthy environment. Furthermore, property crimes are Average, with 3,145 incidents in 2020, and a year-by-year change of -11.79%. Violent crime rates are also Average, with 1,143 incidents in 2020, and a year-by-year change of -5.91%.

Now, let's explore the lifestyle amenities that make this neighborhood so desirable. Just a stone's throw away from 607 500 Royal Avenue, you'll find the Northbound Fourth St @ Agnes St bus station, making it easy to get around without a car. And with a 0.15 km walking distance, you can easily access this convenient transportation hub.

In terms of demographics, this neighborhood is a hub of activity, with 37.7% of the population holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 5.8% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this neighborhood is $63,502, which is Average in comparison to the British Columbia average. However, the median personal income is $40,092, which is Above Average compared to the BC average. Additionally, 80% of households in this census subdivision have a mortgage, which is High.

Unemployment rates in this area are Low, with a rate of 5.4%, making it an attractive location for job seekers. The population change between 2011 and 2016 was 19.4%, which is High compared to average growth rates in the region. With a population density of 9,970.8 people per square kilometer, this neighborhood is bustling with activity.

When it comes to family dynamics, the average size of families in this area is 2.4, which is Low compared to the whole region. However, 36.5% of families in this neighborhood have children, which is Low. The percentage of married or living common-law couples is 51.5%, which is Below Average.

The average age of the population in this neighborhood is 39.4, which is Below Average compared to other BC cities. With an average value of dwellings of $345,210, this neighborhood offers a range of housing options to suit various budgets.

In terms of housing costs, average owner payments are Above Average in this area, with owners spending an average of $1,396 on their dwellings. Tenants, on the other hand, pay an average of $1,201, which is also Above Average.

37.7% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas. The language spoken at home is primarily English, with 88.8% of the population speaking only English, which is Below Average. However, 8.3% of the population speaks both English and French, which is Average.

Lastly, let's talk about transportation in this area. 47.3% of the population uses public transport, which is High, while 45.8% use cars, which is Low. 1% of the population uses bicycles, which is Average, and 5.1% walk, which is also Average.

In conclusion, 607 500 Royal Avenue,

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 $479,999
New westminster $487,000
Downtown NW $575,000
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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