507 500 Royal Ave, New Westminster BC – Condo for Sale – MLS® R3080387

507 500 Royal Avenue, New Westminster, British Columbia V3L 0G5

279 days on the market
$449,800
Est. Mortgage $1,990/mo
Listing updated:
EstateBlock checked:
Dominion
0 Beds
1 Baths
585 sqft
769 $ /sqft
285.46 $ Maint. fee
2014 built
5.9% price reduction
279 days on the market
$449,800
$478,000
Est. $1,990/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 507 500 Royal Avenue

5.9% price reduction

Well kept and updated , gorgeous spacious studio with flex of enclosure sliding door in Ledingham McAllister's Dominion. Open floor plan with kitchen island,fabulous white shaker style kitchen cabinetry with Kohler fixtures, Halogen track lighting, high-end stainless steel appliances,quartz countertops,porcelain tiling in the bathroom, and laminate flooring throughout. The large outdoor covered sundeck extended living space with Hardy plank exterior is perfect for BBQ and rainy weather. Convenient location with higher walk score and transit score: across from City Hall, parks and within walking distance to Douglas College ,Columbia Sky Train station, new riverside pier park and playground, shopping, bus, schools.

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, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $449,800
Total Bedrooms 0
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 585
Year Built 2014
Age Of Building 12
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Dominion
Ownership Type Freehold Strata
Maintenance Fee $285.46
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Lane Access, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 118

Lot & Land

Lot Size Depth Feet
MLS® # R3080387
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0G5
Gross Taxes $2,221.28
Zoning RM-6A

Property Timeline

Status Date Price
R3080387 / Active 01-15-2026 $449,800
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Flex Room 9' x 9' ft
Main Level Living Room 13'2 x 13'2 ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Dining Room 8'5 x 8'5 ft
Main Level Patio 9'4 x 9'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal Regal Realty Ltd.

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.

About the building: Dominion

500 Royal Avenue, Downtown NW, New Westminster

Dominion building details

Building

Built
2014
Homes
118 in 6 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS1880
Managed by
First Service Residential
Parking
Visitor Parking, Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
Snow removalManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Dominion

For sale
3
Median ask
$649K
Median $/sqft
$769
Days on market
246
Sold, past year
2
This home

$769/sqft, in line with the building median of $769.

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

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School
Average 0.14 km 4/10
Elementary,Secondary
Compass Christian New West
Average 0.15 km 6.4/10

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

64 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $482,186
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
279 DOM
Slower than area
Downtown NW avg
50 DOM
Average
New Westminster avg
50 DOM
Faster market

507 500 Royal Avenue has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.2% below comparable active properties in Downtown NW, which is a strong competitive signal. 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 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. 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

—
N/A

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

—
N/A

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 507 500 Royal Ave, New Westminster, BC

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

507 500 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 507 500 Royal Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 507 500 Royal Avenue

/month
Principal & Interest
Property Taxes $185
Maintenance fee 285.46
A 20% down payment of $89,960 on this $449,800 listing yields an estimated mortgage of $1,718/month (30-year fixed, 4%). Total estimated housing cost: $2,188/month, $185 property tax, $285 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 $1,760/month in estimated rental income against $2,240/month in mortgage payments, the monthly cashflow is -$480/month. A 43% 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 507 500 Royal Avenue, 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.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $449,800
New Westminster Loading...
Downtown NW Loading...

Based on 7 comparable active apartments/condos in Downtown NW, the average asking price is $484,933. This listing is priced 7.2% below the neighbourhood average. This property is flagged as a Hot Deal (5.9% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

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

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Walkability & Transit Near 507 500 Royal Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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