508 320 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3127425

104 days on the market
$330,000
Est. Mortgage $1,460/mo
Listing updated:
EstateBlock checked:
The Peppertree
1 Beds
1 Baths
507 sqft
651 $ /sqft
327.56 $ Maint. fee
1975 built
8.3% price reduction
104 days on the market
$330,000
$360,000
Est. $1,460/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 508 320 Royal Avenue

8.3% price reduction

** OPEN HOUSE Sat Sept 5th, 1:45 - 2:45pm ** Bright and Surprisingly spacious 1-bed home with a stellar south-facing view. Smartly laid out and beautifully maintained, this 507 sqft suite offers a clean feel with great natural light throughout. Enjoy a generous balcony for sunny mornings and summer evenings. The concrete building has undergone major updates-elevators, boilers, exterior paint, deck membrane, and refreshed amenities-offering exceptional peace of mind. One parking stall and a storage locker complete the package. Additional rental parking available $30/ month. Heat + Hot water included in strata fee. Move-in ready and perfectly located near parks, shops, SkyTrain, and Douglas College. 1 cat and 1 dog allowed.

Interior Features

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

Exterior Features

Exterior Features Tennis Court(s), Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $330,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 507
Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Building Name The Peppertree
Ownership Type Freehold Strata
Maintenance Fee $327.56
Amenities Nearby Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Community
Parking Type Underground, Rear Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes
Rental Suites None
Units In Development 11

Lot & Land

MLS® # R3127425
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5C6
Gross Taxes $1,609.88
Zoning RM-6B

Property Timeline

Status Date Price
R3127425 / Active 05-25-2026 $330,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'6 x 12'6 ft
Main Level Kitchen 10'10 x 10'10 ft
Main Level Bedroom 10'10 x 10'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Stonehaus Realty Corp.

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
Al-Hidayah School
Average 0.27 km 4/10
Elementary,Secondary
Compass Christian New West
Average 0.32 km 6.4/10

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.14 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
Average 28.2%
No Certificate/Degree
Below Average 9.8%
Owner Occupied
Above Average 80%
Employment Rate
Below Average 39.1%

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

67 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $370,260
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
104 DOM
Slower than area
Downtown NW avg
30 DOM
Average
New Westminster avg
30 DOM
Faster market

508 320 Royal Avenue has a sell-speed score of 67/100, placing it in the "Expected to sell within weeks" band. The listing is priced 12.2% 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 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 V3L 5C6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5C6, 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 (~2.4 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 (64 nearby)

  • Beach house tanning · 301 m · Beauty Shop
  • Anim hair & beauty studio · 318 m · Beauty Shop
  • Spotlight hair salon · 345 m · Hairdresser

Restaurants (60 nearby)

  • Five eleven bistro · 291 m · Fast Food
  • Royal tandoori · 319 m · Restaurant
  • Pizza heaven · 320 m · Restaurant

Groceries (22 nearby)

  • The met liquor store · 331 m · Beverages
  • Circle k · 340 m · Convenience
  • Bc liquor store · 347 m · Beverages

Cafes (21 nearby)

  • Cocoaro · 336 m · Cafe
  • Coasters coffee · 352 m · Cafe
  • Chatime · 356 m · Cafe

Healthcare (3 nearby)

  • Guardian · 368 m · Healthcare
  • Shoppers drug mart · 810 m · Healthcare
  • Imperial pharmacy · 900 m · Healthcare

Transit (3 nearby)

  • Skytrain @ columbia stn station · 287 m · Transit
  • Skytrain @ new westminster stn station · 757 m · Transit
  • Bus stop southbound 8th st @ 4th ave · 935 m · Transit

Parks & Recreation (1 nearby)

  • Play area · 852 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

274 m

Compass Christian New West

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

324 m

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

4.0 / 10

Distance

653 m

Fraser River Middle

Public

Grades Served

Catchment Info

5.8 / 10

Distance

709 m

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

0

Distance

846 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

4.8 / 10

Distance

1.11 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

1.21 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.34 KM

John Knox Christian - Secondary Campus

Independent

Grades Served

Catchment Info

9.2 / 10

Distance

1.37 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

1.40 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

5.7 / 10

Distance

1.73 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.81 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

1.83 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.97 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.12 KM

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.21 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.25 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.33 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.39 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.64 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.64 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

2.99 KM

Pre-computed routes from 508 320 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
    21 min
  • YVR Airport via Bridgeport / Sea Island
    24 min

Calculate your commute

508 320 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 (0.14 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 508 320 Royal Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 508 320 Royal Avenue

/month
Principal & Interest
Property Taxes $134
Maintenance fee 327.56
A 20% down payment of $66,000 on this $330,000 listing yields an estimated mortgage of $1,260/month (30-year fixed, 4%). Total estimated housing cost: $1,722/month, $134 property tax, $328 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,646/month in estimated rental income against $1,760/month in mortgage payments, the monthly cashflow is -$113/month. A 28% 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 508 320 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 $330,000
New Westminster Loading...
Downtown NW Loading...

Based on 12 comparable active apartments/condos in Downtown NW, the average asking price is $375,733. This listing is priced 12.2% below the neighbourhood average. This property is flagged as a Hot Deal (8.3% 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 Real Estate Board of Greater Vancouver 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 508 320 Royal Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

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