505 Queens Ave, New Westminster BC - Single Family Residence for Sale - MLS# R3058559

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Listing updated:
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5 Beds
3 Baths
3249 sqft
769 $ /sqft
1939 built
Closed
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Listing updated:
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Herbert Spencer Elementary School
Average 1.04 km 6.6/10
Middle
École Glenbrook Middle School
1.42 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 0.36 km 8.9/10
Elementary, Secondary
Urban Academy
Above Average 0.36 km 8.9/10

Closest Transit

Bus Stop
Northbound 6th St @ Queens Ave
0.09 km
Skytrain
Skytrain @ Columbia Stn
0.56 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 28.7%
No Certificate/Degree
Below Average 12.3%
Owner Occupied
Average 63.6%
Employment Rate
Below Average 52.3%

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

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.56 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 QUEENS PARK compares
This property
135 DOM
Slower than area
Queens Park avg
29 DOM
Average
New Westminster avg
29 DOM
Faster market

505 Queens Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.1% and an area average of 29 days on market — buyers have more leverage. With only 158 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3L 1K2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 1K2, 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 (98 nearby)

  • Paint hair lounge · 206 m · Hairdresser
  • Sonu haircut · 247 m · Hairdresser
  • Milano optics · 265 m · Optician

Restaurants (90 nearby)

  • Five eleven bistro · 148 m · Fast Food
  • Royal tandoori · 350 m · Restaurant
  • Pizza heaven · 356 m · Restaurant

Cafes (35 nearby)

  • Common grounds · 250 m · Cafe
  • Cocoaro · 430 m · Cafe
  • Coasters coffee · 451 m · Cafe

Groceries (30 nearby)

  • Mahtot east africa market · 142 m · Supermarket
  • Persian baanou supermarket · 148 m · Supermarket
  • Royal towers liquor store · 217 m · Beverages

Healthcare (9 nearby)

  • Guardian · 616 m · Healthcare
  • Pharmasave · 693 m · Healthcare
  • London drugs · 758 m · Healthcare

Transit (3 nearby)

  • Skytrain @ columbia stn station · 560 m · Transit
  • Skytrain @ new westminster stn station · 723 m · Transit
  • Bus stop new westminster station @ unloading only · 792 m · Transit

Parks & Recreation (1 nearby)

  • Play area · 790 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

149 m

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

254 m

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

457 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

598 m

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

654 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

927 m

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
6.9 / 10

Distance

1.04 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

1.09 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.26 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.38 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.49 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.50 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.56 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.68 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.91 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.02 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.05 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.14 KM

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.25 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.31 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.53 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

2.93 KM

Pre-computed routes from 505 Queens Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Columbia → Waterfront
    40 min
  • Metrotown, Burnaby via Columbia → Metrotown
    22 min
  • SFU Burnaby via Columbia → Production Way
    20 min
  • Richmond Centre via Columbia → Brighouse
    65 min
  • YVR Airport via Columbia → YVR-Airport
    66 min

By car (off-peak)

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

Calculate your commute

505 Queens Ave, New Westminster, BC is ideally located for commuters. The property is 0.6 km from Columbia, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 6th St @ Queens Ave (0.09 km).

Mortgage Calculator for 505 Queens Avenue

/month
Principal & Interest
Property Taxes $671
Maintenance fee 0
Financing 80% of the $2,499,000 asking price over 30 years at 4% results in approximately $10,215/month in total estimated carrying costs, $671 property tax.
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
This listing generates an estimated $6,112/month in rental income, leaving a -$4,327/month cashflow at current carrying costs. Investors targeting break-even would need roughly 57% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 505 Queens Avenue, New Westminster

Buy Vs Rent Calculator

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

Rent vs own

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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 — Queens Park, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home
New Westminster Loading...
Queens Park Loading...
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

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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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