Home New Westminster, BC Downtown NW Dominion 605 500 Royal Avenue

605 500 Royal Ave, New Westminster BC V3L 0G5 – Condo for Sale – MLS® R3145706

605 500 Royal Avenue, New Westminster, British Columbia V3L 0G5

New Westminster Condos for Sale

115 days on the market

$649,000

Est. monthly cost $3,277/mo

Listing updated: Aug 10, 2026 at 09:51am

EstateBlock checked: Nov 5, 2026 at 06:30am

Dominion

2 Beds

2 Baths

850 sqft

764 $ /sqft

417.63 $ Maint. fee

2014 built

Photos

Welcome to this bright and spacious penthouse in the heart of New Westminster! Featuring soaring ceilings and thoughtfully designed floor plan, this home offers comfort and functionality in a highly convenient location. The layout features bedrooms on opposite sides of the living area, ideal for families, roommates, or a home office. The open concept kitchen flows seamlessly into the dining and living spaces, creating the perfect setting for entertaining. Enjoy your private patio, ideal for summer BBQs and relaxing outdoors, plus the convenience of in-suite laundry. Just steps to SkyTrain, transit, shops, restaurants, parks, and schools, this is an excellent opportunity to own in one of New Westminster's most walkable neighbourhoods.

Building 25 fields Inside & out 10 fields Lot & land 8 fields

Building Details

Price	$649,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	850
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal, Water
Building Name	Dominion
Ownership Type	Freehold Strata
Maintenance Fee	$417.63
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Lane Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	118

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator, Storage
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt, Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3145706
Area	New Westminster
Neighbourhood	Downtown NW
City	New Westminster
Postal Code	V3L 0G5
Gross Taxes	$2,923.88
Zoning	RM-6A

Property Timeline

Status	Date	Price
R3145706 / Active	07-13-2026	$649,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Dining Room	11'1 x 11'1 ft
Main Level	Living Room	11'4 x 11'4 ft
Main Level	Kitchen	10'8 x 10'8 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Bedroom	9'0 x 9'0 ft
Main Level	Patio	12'4 x 12'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Oakwyn Realty Ltd. & Rexara 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.

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: 2
Median ask: $549K
Median $/sqft: $767
Days on market: 205
Sold, past year: 3

This home

$764/sqft, in line with the building median of $767.

Homes for sale at Dominion, New Westminster Recent sold listings in Dominion, New Westminster

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

Map, sell speed & climate

SkyTrain 0.29 km · crime average · sell-speed score 39/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

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

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

39 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $516,667

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

115 DOM

Slower than area

Downtown NW avg

50 DOM

Average

New Westminster avg

50 DOM

Faster market

605 500 Royal Avenue has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 25.6% above comparable active properties in Downtown NW. 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 374 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 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.

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 605 500 Royal Ave, New Westminster, BC

605 500 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

605 500 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 605 500 Royal Avenue

Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat Bikeable 46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,277/month · rent estimate $2,473/month · owning catches up with renting by year 7 · cash flow if rented −$981/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 605 500 Royal Avenue

$3,277 /month

Principal & Interest $2,615

Property Taxes $244

Maintenance fee $418

The estimated monthly cost of 605 500 Royal Avenue, New Westminster is $3,277: $2,615 principal and interest with 20% down over 30 years at 4.45%, plus $244 property tax and $418 strata 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

−$981 /month

Mortgage Payment $2,615

Monthly Cash Flow −$981

Break Even Down Payment 51%

Cap Rate -1.8%

Cash on Cash -9.1%

If 605 500 Royal Avenue, New Westminster were rented at $2,473 a month with 5% vacancy, it would fall $981 a month short of the mortgage and carrying costs; about 51% down would break even.

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

Estateblock Rent Estimate for 605 500 Royal Avenue, New Westminster

$2,473 / month

Rent $2,473

Own $3,277

Principal: $841/mo Interest, tax, insurance, fees: $2,436/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$704/mo (year 1) → ~$1,638/mo (year 20) → ~$2,442/mo (year 29).

Net cost to own at year 5 ~$2,436/mo About $37/mo less than renting

EstateBlock estimates 605 500 Royal Avenue, New Westminster would rent for about $2,473 a month.

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.

Rent vs own: 605 500 Royal Avenue

Rent vs own

Owning catches up by year 7

With 20% down ($129,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $46,268

Principal paid off by year 10 $104,041

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 605 500 Royal Avenue, New Westminster is cheaper at first, but owning catches up by year 7, with $46,268 of principal paid off by year 5 and $104,041 by year 10.