Home New westminster, BC Uptown NW The Statesman 404 740 Hamilton Street

404 740 Hamilton St, New Westminster BC - Apartment/Condo for Sale - MLS# R2935362

Verified Account Required $●●●,●●●

Listing updated: Dec 16, 2024 at 12:30pm

EstateBlock checked: Oct 7, 2026 at 09:45am

The Statesman

1 Beds

1 Baths

702 sqft

613 $ /sqft

452.92 $ Maint. fee

1974 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Dec 16, 2024 at 12:30pm

EstateBlock checked: Oct 7, 2026 at 09:45am

Photo

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

$613/sqft, 7.7% above the building median of $569.

Homes for sale at The Statesman, New Westminster Recent sold listings in The Statesman, New Westminster

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 0.41 km 5.2/10
Middle
Fraser River Middle School: 1.14 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 0.78 km 10/10
Secondary
Vancouver International College: 0.33 km

Closest Transit

Bus Stop
Northbound 8th St @ 7th Ave: 0.03 km
Skytrain
Skytrain @ New Westminster Stn: 1.62 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 27%
No Certificate/Degree: Average 14.9%
Owner Occupied: Below Average 48.1%
Employment Rate: Below Average 48%

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

54 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.62 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 UPTOWN NW compares

This property

56 DOM

Average

Uptown NW avg

50 DOM

Average

New westminster avg

50 DOM

Faster market

404 740 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 has limited comparable pricing data available. 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.

Climate Risk for V3M 5T7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 5T7, 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. Nearest station: New Westminster Sapperton Park, New Westminster (~2.8 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 (83 nearby)

Posh digits · 230 m · Beauty Shop
Label express · 247 m · Clothes
Winners · 256 m · Department Store

Restaurants (62 nearby)

Sushi farm · 166 m · Fast Food
Panago · 193 m · Fast Food
A&w · 267 m · Fast Food

Groceries (27 nearby)

No. 8th street grocery · 177 m · Convenience
Save-on-foods · 224 m · Supermarket
Kin's farm marlet · 279 m · Greengrocer

Cafes (24 nearby)

Connections café · 134 m · Cafe
Starbucks · 209 m · Cafe
Gourmet cup · 274 m · Cafe

Healthcare (7 nearby)

Shoppers drug mart · 295 m · Healthcare
Belmont pharmacy · 427 m · Healthcare
Uptown drugs peoples pharmacy · 474 m · Healthcare

Transit (1 nearby)

Bus stop northbound 12 st @ dublin st · 755 m · Transit

Schools NearBy

26 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 367 m
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info In Catchment	5.7 / 10	Distance 411 m
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 415 m
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 672 m
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 749 m
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 897 m
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 970 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.13 KM
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.15 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	N/A	Distance 1.16 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 1.30 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.31 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 1.36 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 1.45 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 1.52 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.53 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 1.62 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.77 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.16 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.17 KM
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.37 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.41 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.41 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.54 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.66 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.76 KM

Pre-computed routes from 404 740 Hamilton St, New Westminster, BC

404 740 Hamilton St, New Westminster, BC New Westminster 1.6 km

51 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
51 min
Metrotown, Burnaby via New Westminster → Metrotown
33 min
SFU Burnaby via New Westminster → Production Way
31 min
Richmond Centre via New Westminster → Brighouse
76 min
YVR Airport via New Westminster → YVR-Airport
77 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
19 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
5 min
Richmond Centre via No. 3 Rd
19 min
YVR Airport via Bridgeport / Sea Island
22 min

Calculate your commute

404 740 Hamilton St, New Westminster, BC is ideally located for commuters. The property is 1.6 km from New Westminster, with a 51 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 8th St @ 7th Ave (0.03 km).

Mortgage Calculator for 404 740 Hamilton Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $125

Maintenance fee 452.92

Financing 80% of the $430,000 asking price over 30 years at 4% results in approximately $2,220/month in total estimated carrying costs, $125 property tax, $453 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

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $1,682/month in rental income, leaving a -$587/month cashflow at current carrying costs. Investors targeting break-even would need roughly 49% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 404 740 Hamilton 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.