Home New Westminster, BC Downtown NW Dominion 501 500 Royal Avenue

501 500 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3069809

286 days on the market

$500,000

Est. Mortgage $2,212/mo

Listing updated: Apr 21, 2026 at 04:58pm

EstateBlock checked: Sep 6, 2026 at 04:45am

1 Beds

1 Baths

590 sqft

847 $ /sqft

290.75 $ Maint. fee

2014 built

8.3% price reduction

286 days on the market

$500,000

$545,000

Est. $2,212/mo with 20% down

Listing updated: Apr 21, 2026 at 04:58pm

EstateBlock checked: Sep 6, 2026 at 04:45am

Photos

Exterior Front Photo of 501 500 Royal Avenue, New Westminster, BC

Exterior Rear Photo of 501 500 Royal Avenue, New Westminster, BC

Living Room Photo of 501 500 Royal Avenue, New Westminster, BC

Family Room Photo of 501 500 Royal Avenue, New Westminster, BC

Dining Area Photo of 501 500 Royal Avenue, New Westminster, BC

Kitchen Photo of 501 500 Royal Avenue, New Westminster, BC

Kitchen Island Photo of 501 500 Royal Avenue, New Westminster, BC

Pantry Photo of 501 500 Royal Avenue, New Westminster, BC

Breakfast Nook Photo of 501 500 Royal Avenue, New Westminster, BC

Primary Bedroom Photo of 501 500 Royal Avenue, New Westminster, BC

Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	0
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	River-Southeast
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$500,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	590
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$290.75
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Yes With Restrictions
Rental Suites	None

Lot & Land

Lot Size Depth	Feet
Lot Size Frontage	0
MLS^® #	R3069809
Area	New Westminster
Neighbourhood	Downtown NW
City	New Westminster
Postal Code	V3L 0G5
Gross Taxes	$2,269.26
Zoning	RM-6A

Property Timeline

Status	Date	Price
R3069809 / Active	11-24-2025	$500,000

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	11' x 11' ft
Main Level	Living Room	13'5' x 13'5' ft
Main Level	Kitchen	11'7' x 11'7' ft
Main Level	Foyer	6'5' x 6'5' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.

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

Public Schools

Elementary
École Qayqayt Elementary: Above Average 0.33 km 7.2/10
Middle
Fraser River Middle School: 0.61 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Urban Academy: Above Average 0.28 km 8.9/10
Elementary, Secondary
Urban Academy: Above Average 0.28 km 8.9/10

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St: 0.15 km
Skytrain
Skytrain @ Columbia Stn: 0.29 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 37.7%
No Certificate/Degree: Below Average 5.8%
Owner Occupied: Above Average 80%
Employment Rate: Below Average 36.5%

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

56 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $467,500

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.29 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

286 DOM

Slower than area

Downtown NW avg

30 DOM

Average

New Westminster avg

30 DOM

Faster market

501 500 Royal Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.5% above comparable active properties in Downtown NW. 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 V3L 0G5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 0G5, 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 (~2.5 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 (77 nearby)

Anges barber · 205 m · Hairdresser
Spotlight hair salon · 213 m · Hairdresser
Beautiful roses · 268 m · Florist

Restaurants (67 nearby)

Five eleven bistro · 150 m · Fast Food
Royal tandoori · 160 m · Restaurant
Pizza heaven · 163 m · Restaurant

Groceries (23 nearby)

Royal towers liquor store · 190 m · Beverages
Circle k · 315 m · Convenience
The met liquor store · 317 m · Beverages

Cafes (23 nearby)

Cocoaro · 206 m · Cafe
Coasters coffee · 227 m · Cafe
Chatime · 234 m · Cafe

Healthcare (5 nearby)

Guardian · 349 m · Healthcare
Shoppers drug mart · 659 m · Healthcare
Imperial pharmacy · 737 m · Healthcare

Transit (3 nearby)

Skytrain @ columbia stn station · 291 m · Transit
Skytrain @ new westminster stn station · 604 m · Transit
Bus stop northbound 6th st @ 5th ave · 940 m · Transit

Parks & Recreation (1 nearby)

Play area · 695 m · Playground

Schools NearBy

22 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 137 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 154 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 507 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 544 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 679 m
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 935 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.21 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.25 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.43 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 1.56 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.63 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.76 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.77 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 1.94 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.18 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.20 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.30 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.35 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.37 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.50 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.72 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.92 KM

Pre-computed routes from 501 500 Royal Ave, New Westminster, BC

501 500 Royal Ave, New Westminster, BC Columbia 0.3 km

36 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Columbia → Waterfront
36 min
Metrotown, Burnaby via Columbia → Metrotown
18 min
SFU Burnaby via Columbia → Production Way
16 min
Richmond Centre via Columbia → Brighouse
61 min
YVR Airport via Columbia → YVR-Airport
62 min

By car (off-peak)

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

Calculate your commute

501 500 Royal Ave, New Westminster, BC is ideally located for commuters. The property is 0.3 km from Columbia, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Fourth St @ Agnes St (0.15 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 501 500 Royal Avenue

Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 501 500 Royal Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $189

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($100,000), the estimated monthly payment for this listing is $2,390/month — $1,910 principal & interest, $189 property tax, $291 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: Apr 21, 2026

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

At an estimated rental income of $1,957/month, this property runs a $491/month shortfall after mortgage and carrying costs. Break-even requires approximately 41% down.

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

Estateblock Rent Estimate for 501 500 Royal Avenue, New Westminster

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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.