Home New Westminster, BC Uptown NW Amara Terrace 506 1026 Queens Avenue

506 1026 Queens Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3133942

90 days on the market

$309,800

Est. Mortgage $1,371/mo

Listing updated: Aug 12, 2026 at 02:12pm

EstateBlock checked: Sep 6, 2026 at 01:40am

Amara Terrace

1 Beds

1 Baths

689 sqft

450 $ /sqft

536.65 $ Maint. fee

1984 built

8.8% price reduction

90 days on the market

$309,800

$339,800

Est. $1,371/mo with 20% down

Listing updated: Aug 12, 2026 at 02:12pm

EstateBlock checked: Sep 6, 2026 at 01:40am

Photos

Exterior Front Photo of 506 1026 Queens Avenue, New Westminster, BC

Exterior Rear Photo of 506 1026 Queens Avenue, New Westminster, BC

Living Room Photo of 506 1026 Queens Avenue, New Westminster, BC

Family Room Photo of 506 1026 Queens Avenue, New Westminster, BC

Dining Area Photo of 506 1026 Queens Avenue, New Westminster, BC

Kitchen Photo of 506 1026 Queens Avenue, New Westminster, BC

Kitchen Island Photo of 506 1026 Queens Avenue, New Westminster, BC

Pantry Photo of 506 1026 Queens Avenue, New Westminster, BC

Breakfast Nook Photo of 506 1026 Queens Avenue, New Westminster, BC

Primary Bedroom Photo of 506 1026 Queens Avenue, New Westminster, BC

Welcome to this bright, updated home in Downtown New Westminster! Featuring laminate flooring throughout, an updated bathroom, and newer appliances, this home offers comfort and value. The well-managed building has seen major upgrades including elevators, parking membrane, full re-piping, and fibre optic internet. Just a 10-minute walk to SkyTrain, theatre, a brewery, restaurants, River Market, and Douglas College. Enjoy nearby Simcoe Park with a community garden, tennis courts, and sports field. A fantastic opportunity in a walkable, vibrant neighbourhood!

Interior Features

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

Exterior Features

Exterior Features	Garden, Balcony
View Description	CITY
Structures	Multi Family, Residential Attached

Building Details

Price	$309,800
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	689
Year Built	1984
Age Of Building	42
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Building Name	Amara Terrace
Ownership Type	Freehold Strata
Maintenance Fee	$536.65
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Rear Access, Concrete, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Not Allowed,Smoking Restrictions
Pet Restrictions	No Cats, No Dogs, No
Rental Suites	None
Units In Development	97

Lot & Land

MLS^® #	R3133942
Area	New Westminster
Neighbourhood	Uptown NW
City	New Westminster
Postal Code	V3M 6B2
Gross Taxes	$1,763.05
Zoning	RM-4

Property Timeline

Status	Date	Price
R3133942 / Active	06-08-2026	$309,800
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'4 x 14'4 ft
Main Level	Dining Room	7'5 x 7'5 ft
Main Level	Kitchen	8'9 x 8'9 ft
Main Level	Primary Bedroom	12'5 x 12'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: RE/MAX All Points Realty & RE/MAX All Points 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
John Knox Christian - Secondary Campus: Above Average 0.35 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus: Above Average 0.35 km 10/10

Closest Transit

Bus Stop
Northbound 12 St @ Queens Ave: 0.23 km
Skytrain
Skytrain @ New Westminster Stn: 0.57 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

68 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $348,835

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.57 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

90 DOM

Slower than area

Uptown NW avg

30 DOM

Average

New Westminster avg

30 DOM

Faster market

506 1026 Queens Avenue has a sell-speed score of 68/100, placing it in the "Expected to sell within weeks" band. The listing is priced 12.6% below comparable active properties in Uptown 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 likely to sell within a few weeks.

Climate Risk for V3M 6B2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 6B2, 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 (~3.3 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 (73 nearby)

Peonies fine flowers · 98 m · Florist
New west cleaners · 224 m · Laundry
Big box outlet · 238 m · Clothes

Restaurants (64 nearby)

Dan's diner · 92 m · Restaurant
Boston pizza · 267 m · Restaurant
Pho angkor · 277 m · Restaurant

Cafes (23 nearby)

Living tree foods · 159 m · Cafe
Starbucks · 330 m · Cafe
Serious coffee · 420 m · Cafe

Groceries (22 nearby)

Bc liquor · 237 m · Beverages
Arnies grocery · 302 m · Convenience
Best season produce · 350 m · Greengrocer

Healthcare (4 nearby)

Pharmasave · 298 m · Healthcare
Imperial pharmacy · 414 m · Healthcare
Shoppers drug mart · 583 m · Healthcare

Transit (2 nearby)

Skytrain @ new westminster stn station · 570 m · Transit
Bus stop westbound 6th ave @ 12 st · 961 m · Transit

Parks & Recreation (1 nearby)

Play area · 505 m · Playground

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 215 m
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 233 m
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 349 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 374 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 643 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 745 m
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 811 m
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 1.18 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 1.59 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.65 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.67 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.73 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.89 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 1.90 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.91 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.96 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	0	Distance 2.28 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 2.39 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.54 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.62 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.63 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.67 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.78 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.94 KM

Pre-computed routes from 506 1026 Queens Ave, New Westminster, BC

506 1026 Queens Ave, New Westminster, BC New Westminster 0.6 km

39 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via New Westminster → Waterfront
39 min
Metrotown, Burnaby via New Westminster → Metrotown
21 min
SFU Burnaby via New Westminster → Production Way
19 min
Richmond Centre via New Westminster → Brighouse
64 min
YVR Airport via New Westminster → YVR-Airport
65 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
7 min
Richmond Centre via No. 3 Rd
19 min
YVR Airport via Bridgeport / Sea Island
23 min

Calculate your commute

506 1026 Queens Ave, New Westminster, BC is ideally located for commuters. The property is 0.6 km from New Westminster, with a 39 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 12 St @ Queens Ave (0.23 km). Walk Score Transit rating: Excellent Transit (81/100).

Walkability & Transit Near 506 1026 Queens Avenue

Car-Dependent 93

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 506 1026 Queens Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $147

Maintenance fee 536.65

Financing 80% of the $309,800 asking price over 30 years at 4% results in approximately $1,867/month in total estimated carrying costs, $147 property tax, $537 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: Aug 12, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $1,546/month in rental income, leaving a -$357/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.

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

Estateblock Rent Estimate for 506 1026 Queens Avenue, 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.