805 550 Eighth St, New Westminster, BC, MLS® R3075198

$435,000
Est. Mortgage /mo

$435,000
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
$ 601.76 Maint. Fee
1021 sqft
1982 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

805 550 Eighth St, New Westminster, BC | MLS® R3075198 Property Details

Spacious 2 bd, 1 bath corner condo offering approx. 1,021 sq ft of interior living space plus 2 covered balconies with SE exposure (one open, one enclosed). Enjoy stunning views of the Fraser River & city skyline from this 8th-floor home in a 9-storey concrete building. Well-laid-out floor plan with generous living and dining areas and excellent renovation potential. Ideally located in the heart of New Westminster, steps to shops, services & transit. Well-maintained concrete building. Excellent value in today’s market. 1 parking & 1 storage locker included. Rentals allowed. No pets. Virtually staged.

General Info

Price $435,000
Total Bedrooms 2
Total Bathrooms 0
Half Bathrooms 1
Floor Area Total (sqft) 1021
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1982
Age Of Building 44
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3075198
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Gross Taxes $2,330.38
Ownership Type Freehold Strata
Maintenance Fee $601.76
Community Features Shopping Nearby
Amenities Nearby Trash, Hot Water, Management

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Single, Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No Cats, No Dogs, No
Rental Restrictions -
Zoning RM-4
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description City, River & Mountain
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Show more

Listed by: Sutton Group-West Coast Realty (Surrey/24)

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
0.46 km
5.2/10
Middle
Fraser River Middle School
0.86 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
1 km
10/10
Excellent
Secondary
Vancouver International College
0.26 km

Closest Transit

Bus Stop
Westbound Sixth Ave @ Eighth St
0.05 km
Skytrain
Skytrain @ New Westminster Stn
1.34 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 805 550 Eighth Street, New Westminster, BC - MLS® R3075198

As we walk through the charming neighborhood of Uptown NW, you'll discover why this community is a sought-after gem in New Westminster, BC. Our expert realtor will guide you through the highlights of this property, situated at 805 550 Eighth Street, New Westminster, BC - MLS® R3075198.

Education

Just a short 0.46 km stroll from 805 550 Eighth Street, you'll find Lord Kelvin Elementary School, rated 5.2/10. This highly-regarded school is a great option for families, offering a well-rounded education for your little ones. Meanwhile, for independent school seekers, Our Lady of Mercy School, with its impressive rating of 10/10, is just 1 km away.

Safety and Crime Rates

According to Statistics Canada's 2020 report, the neighborhood surrounding 805 550 Eighth Street has an average crime rate of 6,761.11, with a rate of incidents per 100,000 population. Compared to other Canadian cities, this rate is considered Average. Additionally, the neighborhood boasts a low drug crime rate, with a rating of 134.4, and a below-average rate of property crimes.

Demographics and Lifestyle

The demographics of Uptown NW are fascinating. With 26.1% of residents holding a university certificate or degree, this neighborhood is above average in terms of education. Moreover, 13.6% of the population has no certificate or degree, which is below average compared to the BC average. The median household income is $48,474, which is low compared to the British Columbia average. Unemployment rates are also low, at 5.3%, making this an attractive location for those seeking a stable lifestyle.

Commute and Transportation

For those who value convenience, the Westbound Sixth Ave @ Eighth St bus station is just 0.05 km away from 805 550 Eighth Street. With a high percentage of residents (33.7%) using public transport, this neighborhood is well-connected to the rest of New Westminster.

Real Estate and Home Ownership

The average value of dwellings in this neighborhood is $755,478, which is high compared to other areas in British Columbia. Home ownership is also a significant aspect of Uptown NW, with 58.9% of households having a mortgage. Tenants, on the other hand, pay an average of $983 per month, which is average compared to other cities.

Community and Culture

This charming neighborhood boasts a diverse population, with 89.2% of residents speaking only English. Meanwhile, 8.6% of the population speaks both English and French, and 2.2% speak neither language. With a population density of 7,617.7 people per square kilometer, this is a bustling community that offers a mix of urban living and local charm.

Insider Tips

As a seasoned realtor, I can tell you that the Uptown NW neighborhood is a hidden gem in New Westminster. With its excellent schools, low crime rates, and high level of community engagement, this is a great place to call home. Whether you're a family, a young professional, or a retiree, 805 550 Eighth Street, New Westminster, BC - MLS® R3075198, is an excellent choice for those seeking a comfortable and convenient lifestyle.

Schedule a Viewing Today!

Don't miss out on this incredible opportunity to own a piece of New Westminster's charm. Contact me, your expert realtor, to schedule a viewing of 805 550 Eighth Street, New Westminster, BC - MLS® R3075198.

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 $435,000
New Westminster $551,000
Uptown NW $506,167
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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