634 N Tenth St, New Westminster, BC, MLS® R3078734

$2,499,000
Est. Mortgage /mo

NEW

$2,499,000
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
11 Beds
7 Baths
2 Stories
lot 4800 sqft
5638 sqft
1913 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

634 N Tenth St, New Westminster, BC | MLS® R3078734 Property Details

7 unit building in desirable Moody Park neighborhood of New Westminster. Building situated on a quite street, walking distance to parks, schools, shopping and transit. All units are renovated. New furnace, New hot water tank. Very good income producing property with a positive cash flow. All units are fully rented to good tenants. Gross income of $159000.00

General Info

Price $2,499,000
Total Bedrooms 11
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 5638
Lot Size 4800
Lot Size Depth Feet
Lot Size Frontage 40
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1913
Age Of Building 113
Building Type Other
Property Type Residential Income
Stories 2
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R3078734
Area New Westminster
Neighbourhood Moody Park
City New Westminster
Gross Taxes $5,998.31
Ownership Type Freehold NonStrata
Maintenance Fee -

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 Open, Rear Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning NR-1
Rental Suites Unauthorized Suite
# of Kitchens 5
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: RE/MAX Performance 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
0.12 km
5.2/10
Middle
Fraser River Middle School
1.09 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
0.72 km
10/10
Excellent
Secondary
Vancouver International College
0.56 km

Closest Transit

Bus Stop
Westbound 6th Ave @ 10 St
0.17 km
Skytrain
Skytrain @ New Westminster Stn
1.57 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 neighborhood of New Westminster, where you'll find the charming property at 634 N Tenth Street, MLS® R3078734. As your trusted realtor, I'm excited to guide you through the community's highlights and show you why this home is a perfect fit for families and individuals alike.

Education

Let's start with the excellent education system in this area. Lord Kelvin Elementary School, located just 0.12 km from 634 N Tenth Street, has a rating of 5.2/10. This school offers a well-rounded education, and its proximity to the property makes it an ideal choice for families with young children. If you're looking for a more specialized educational experience, Our Lady of Mercy School, an independent elementary school with a 10/10 rating, is just 0.72 km away. For secondary education, Vancouver International College, a post-secondary institution with no rating, is 0.56 km from the property.

Safety

Safety is a top concern for many of us, and I'm happy to report that the crime rate in this neighborhood is Average compared to other Canadian cities. According to the most recent crime data from Statistics Canada (2020), there were 5,584 incidents in the area, resulting in an overall crime rate of 6,761.11. This is a relatively low rate, offering residents peace of mind and a sense of security. In fact, the drug crime rate is Below Average, with a rating of 134.4, and the property crime rate is Average, with a rating of 3,807.97.

Demographics

New Westminster is a diverse community, with a population that reflects the province's growth and development. According to the latest census data, 26.1% of the population in this neighborhood holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. In contrast, 13.6% of the population lacks a certificate or degree, which is Below Average. The median household income is $48,474, which is Low compared to the British Columbia average. However, the median personal income is $30,674, which is Below Average.

Transit and Commuting

Getting around New Westminster is easy, thanks to the convenient public transportation system. The closest bus station is Westbound 6th Ave @ 10 St, just 0.17 km from the property. If you prefer to drive, major highways are easily accessible, making commuting to nearby cities a breeze.

Lifestyle Amenities

New Westminster offers an abundance of lifestyle amenities, making it an ideal place to call home. The neighborhood is close to Moody Park, where you can enjoy outdoor activities, such as walking, jogging, or playing sports. There are also several shopping malls, grocery stores, restaurants, and coffee shops in the area, providing easy access to daily essentials.

Real Estate Context

The average value of dwellings in this neighborhood is $755,478, which is High compared to other areas in British Columbia. However, the average owner payments are Above Average, with owners spending an average of $1,505 per month. Tenants, on the other hand, pay an average of $983 per month, which is Average.

Community

New Westminster is a vibrant community with a diverse population. According to the latest census data, 70.5% of the population in this neighborhood are renters, which is High compared to other BC cities and areas. However, the community is also characterized by a strong sense of belonging, with 56.1% of families with children and 47.9% of married or living common-law couples.

Age and Education

The average age of the population in this neighborhood is 41.3, which is Average compared to other BC cities. Additionally, the average size of families is 2.7, which is Below Average. However, the community's high level of education and diverse population make it an attractive choice for individuals and families.

In conclusion, 634 N Tenth Street, MLS® R3078734, is an excellent choice for anyone looking for a safe, diverse, and vibrant community. With its excellent education system, convenient public transportation, and abundance of lifestyle amenities, this property offers the perfect blend of comfort, convenience, and community. As your trusted realtor, I invite you to explore this beautiful home and experience all that New Westminster has to offer.

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 $2,499,000
New Westminster No comparables
Moody Park No comparables
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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