305 740 Hamilton St, New Westminster BC - Apartment/Condo for Sale - MLS# R2909365

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Listing updated:
EstateBlock checked:
The Statesman
2 Beds
1 Baths
866 sqft
548 $ /sqft
576.42 $ Maint. fee
1974 built
Closed
VERIFIED ACCOUNT REQUIRED
This property sold for
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Listing updated:
EstateBlock checked:

About the building: The Statesman

740 Hamilton Street, Uptown NW, New Westminster

The Statesman building details

Building

Built
1974
Homes
88
Construction
Concrete
Title
Freehold Strata
Strata plan
NWS236
Managed by
Bayside
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Not allowed
Rentals
Allowed

Market at The Statesman

For sale
2
Median ask
$449K
Median $/sqft
$569
Days on market
95
Sold, past year
5
This home

$548/sqft, 3.7% below the building median of $569.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Lord Kelvin Elementary School
Average 0.44 km 5.2/10
Middle
Fraser River Middle School
1.2 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
Above Average 0.75 km 10/10
Secondary
Vancouver International College
0.36 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

54 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $474,900
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How UPTOWN NW compares
This property
88 DOM
Slower than area
Uptown NW avg
50 DOM
Average
New westminster avg
50 DOM
Faster market

305 740 Hamilton Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Uptown NW. The local market is currently a Balanced Market with a sales-to-active ratio of 15% and an area average of 50 days on market — conditions are balanced. With only 374 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.

Nearby Restaurants, Cafes & Shops

Mortgage Calculator for 305 740 Hamilton Street

/month
Principal & Interest
Property Taxes $141
Maintenance fee 576.42
A 20% down payment of $94,980 on this $474,900 listing yields an estimated mortgage of $1,814/month (30-year fixed, 4%). Total estimated housing cost: $2,531/month, $141 property tax, $576 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,858/month in estimated rental income against $2,586/month in mortgage payments, the monthly cashflow is -$728/month. A 53% 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 305 740 Hamilton Street, New westminster

Buy Vs Rent Calculator

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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 — Uptown NW, New westminster

Beds Home Types Square Feet Lot Size Year Built
This Home
New westminster Loading...
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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

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