2501 823 Carnarvon St, New Westminster BC - Apartment/Condo for Sale - MLS# R3159883

2 days on the market
$485,000
Est. Mortgage $2,146/mo
Listing updated:
EstateBlock checked:
Ovation
1 Beds
1 Baths
524 sqft
926 $ /sqft
394.81 $ Maint. fee
2024 built
NEW
2 days on the market
$485,000
Est. $2,146/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2501 823 Carnarvon Street

Welcome to Ovation, a premier waterfront community in the heart of Downtown New Westminster. This bright 1-bedroom home features an open-concept layout, A/C, floor-to-ceiling windows, wide-plank flooring, and a modern kitchen with quartz counters, porcelain backsplash, gas cooktop, and integrated appliances. Enjoy stunning city, river & mountain views, plus resort-style amenities including concierge, rooftop clubhouse, hot tub, gym, lounge, fire pit, BBQ area, games room & mini golf. Steps to SkyTrain, the Quay, shops & restaurants. This one won't last too long!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 0
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $485,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 524
Year Built 2024
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Concierge, Maintenance Grounds, Heat, Hot Water, Management, Water
Building Name Ovation
Ownership Type Freehold Strata
Maintenance Fee $394.81
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Concierge, Maintenance Grounds, Heat, Hot Water, Management, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Guest
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Lot & Land

Lot Size Depth Feet
MLS® # R3159883
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3M 0N5
Gross Taxes $2,321.65
Zoning CD-76

Property Timeline

Status Date Price
R3159883 / Active 08-31-2026 $485,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'5 x 12'5 ft
Main Level Kitchen 12'4 x 12'4 ft
Main Level Primary Bedroom 11'0 x 11'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

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.

Map & Neighbourhood

Private Schools

Elementary,Secondary
Compass Christian New West
Average 0.51 km 6.4/10
Secondary
Purpose Independent Secondary School
Average 0.2 km 4/10

Closest Transit

Bus Stop
New Westminster Station @ Bay 8
0.04 km
Skytrain
Skytrain @ New Westminster Stn
0.11 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 32.7%
No Certificate/Degree
Below Average 8.2%
Owner Occupied
Average 65.2%
Employment Rate
Below Average 41.9%

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

Sell Speed & Competition

55 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $491,305
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.11 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN NW compares
This property
2 DOM
Very fast
Downtown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Slower market

2501 823 Carnarvon Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.3% below comparable active properties in Downtown NW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 13.9% and an area average of 30 days on market — conditions are balanced. With only 397 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3M 0N5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0N5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~3.2 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (67 nearby)

  • Dayna beauty spa · 61 m · Hairdresser
  • The refill stop · 67 m · Gift Shop
  • Oxford barbershop · 70 m · Hairdresser

Restaurants (57 nearby)

  • Galbi korean bbq · 14 m · Restaurant
  • Akd kitchen soup + goods · 37 m · Restaurant
  • Plato filipino · 40 m · Restaurant

Groceries (23 nearby)

  • Cake it easy · 96 m · Bakery
  • Shefield express · 107 m · Convenience
  • Safeway · 110 m · Supermarket

Cafes (23 nearby)

  • Fuel hut · 57 m · Cafe
  • Tim hortons · 80 m · Cafe
  • Starbucks · 97 m · Cafe

Healthcare (4 nearby)

  • Imperial pharmacy · 101 m · Healthcare
  • Shoppers drug mart · 131 m · Healthcare
  • Pharmasave · 243 m · Healthcare

Transit (3 nearby)

  • Skytrain @ new westminster stn station · 111 m · Transit
  • Skytrain @ columbia stn station · 692 m · Transit
  • Bus stop southbound 12 st @ 4th ave · 983 m · Transit

Parks & Recreation (1 nearby)

  • Play area · 82 m · Playground

Schools NearBy

25 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

201 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

364 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

390 m

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

401 m

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

507 m

Al-Hidayah School

Independent

Grades Served

Catchment Info

4.0 / 10

Distance

617 m

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

806 m

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.58 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

1.73 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.91 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.94 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.97 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.17 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.19 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

2.20 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.26 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.30 KM

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

0

Distance

2.49 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.50 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

3.5 / 10

Distance

2.71 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.73 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.79 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

6.5 / 10

Distance

2.85 KM

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.96 KM

Connaught Heights Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

2.99 KM

Pre-computed routes from 2501 823 Carnarvon St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    33 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    15 min
  • SFU Burnaby via New Westminster → Production Way
    13 min
  • Richmond Centre via New Westminster → Brighouse
    58 min
  • YVR Airport via New Westminster → YVR-Airport
    59 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    21 min
  • Metrotown, Burnaby via Lougheed Hwy
    8 min
  • SFU Burnaby via Gaglardi Way
    7 min
  • Richmond Centre via No. 3 Rd
    20 min
  • YVR Airport via Bridgeport / Sea Island
    23 min

Calculate your commute

2501 823 Carnarvon St, New Westminster, BC is ideally located for commuters. The property is 0.1 km from New Westminster, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is New Westminster Station @ Bay 8 (0.04 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 2501 823 Carnarvon Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 2501 823 Carnarvon Street

/month
Principal & Interest
Property Taxes $193
Maintenance fee 394.81
A 20% down payment of $97,000 on this $485,000 listing yields an estimated mortgage of $1,852/month (30-year fixed, 4%). Total estimated housing cost: $2,440/month, $193 property tax, $395 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,898/month in estimated rental income against $2,496/month in mortgage payments, the monthly cashflow is -$598/month. A 46% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2501 823 Carnarvon Street, New Westminster

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $485,000
New Westminster Loading...
Downtown NW Loading...

Based on 17 comparable active apartments/condos in Downtown NW, the average asking price is $491,150. This listing is priced 1.3% below the neighbourhood average.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2501 823 Carnarvon Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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