Home New Westminster, BC Downtown NW Royal Albert Towers 701 31 Elliot Street

701 31 Elliot St, New Westminster BC - Apartment/Condo for Sale - MLS# R3155498

25 days on the market

$569,000

Est. Mortgage $2,517/mo

Listing updated: Aug 26, 2026 at 02:45pm

EstateBlock checked: Sep 6, 2026 at 04:45am

2 Beds

2 Baths

990 sqft

575 $ /sqft

749.42 $ Maint. fee

1974 built

25 days on the market

$569,000

$589,000

Est. $2,517/mo with 20% down

Listing updated: Aug 26, 2026 at 02:45pm

EstateBlock checked: Sep 6, 2026 at 04:45am

Photos

Exterior Front Photo of 701 31 Elliot Street, New Westminster, BC

Exterior Rear Photo of 701 31 Elliot Street, New Westminster, BC

Living Room Photo of 701 31 Elliot Street, New Westminster, BC

Family Room Photo of 701 31 Elliot Street, New Westminster, BC

Dining Area Photo of 701 31 Elliot Street, New Westminster, BC

Kitchen Photo of 701 31 Elliot Street, New Westminster, BC

Kitchen Island Photo of 701 31 Elliot Street, New Westminster, BC

Pantry Photo of 701 31 Elliot Street, New Westminster, BC

Breakfast Nook Photo of 701 31 Elliot Street, New Westminster, BC

Primary Bedroom Photo of 701 31 Elliot Street, New Westminster, BC

Welcome to Royal Albert Towers. This roomy 990sqft 2 bedroom, 2 full bathroom CORNER unit offers southwest VIEWS OF THE FRASER RIVER and city. Thoughtful updates throughout; all hard surface floors (no carpet), granite counter tops, stainless steel appliances, new fridge & light fixtures and fresh paint just to name a few. Plus plenty of closet space and IN SUITE LAUNDRY. 1 full height storage locker and parking for 2 cars in double wide parking stall included. 2 cats allowed, sorry. no dogs Monthly Strata fee of $641.31 covers; heat, hot water & city utility bill(water/sewer). The building has done many upgrades; enter phone 2022, parking membrane 2021, fencing 2021, windows 2016, balconies 2016, exterior painting 2016, repiping 2012, roof 2002.

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, Hot Water
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	WATER
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$569,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	990
Year Built	1974
Age Of Building	52
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Caretaker, Maintenance Grounds, Heat, Hot Water, Recreation Facilities, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$749.42
Amenities Nearby	Clubhouse, Caretaker, Maintenance Grounds, Heat, Hot Water, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected, Water Connected
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Yes With Restrictions

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3155498
Area	New Westminster
Neighbourhood	Downtown NW
City	New Westminster
Postal Code	V3L 5C9
Gross Taxes	$2,308.56
Zoning	MF

Property Timeline

Status	Date	Price
R3155498 / Active	08-12-2026	$569,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'2 x 11'2 ft
Main Level	Kitchen	19'2 x 19'2 ft
Main Level	Dining Room	8' x 8' ft
Main Level	Primary Bedroom	13'6 x 13'6 ft
Main Level	Bedroom	13'5 x 13'5 ft

Bathrooms

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

Listed by: Royal Pacific Realty (Kingsway) 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.

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School: Average 0.64 km 4/10
Elementary,Secondary
Compass Christian New West: Average 0.67 km 6.4/10

Closest Transit

Bus Stop
Westbound Columbia St @ 200 Block: 0.11 km
Skytrain
Skytrain @ Columbia Stn: 0.38 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: Possible
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

43 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $464,873

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

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

25 DOM

Average

Downtown NW avg

30 DOM

Average

New Westminster avg

30 DOM

Slower market

701 31 Elliot Street has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 18.3% above comparable active properties in Downtown NW. 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 could take longer than the area average to sell.

Climate Risk for V3L 5C9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5C9, 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 (~2.3 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 (41 nearby)

Beach house tanning · 287 m · Beauty Shop
Anim hair & beauty studio · 390 m · Beauty Shop
Guardian · 445 m · Pharmacy

Restaurants (22 nearby)

Taverna greka · 287 m · Restaurant
Subway · 430 m · Fast Food
Eats at the pier · 435 m · Fast Food

Cafes (14 nearby)

Cocoaro · 594 m · Cafe
Chatime · 597 m · Cafe
Coasters coffee · 599 m · Cafe

Groceries (8 nearby)

Bc liquor store · 231 m · Beverages
The met liquor store · 423 m · Beverages
Circle k · 444 m · Convenience

Transit (3 nearby)

Skytrain @ columbia stn station · 383 m · Transit
Bus stop northbound 8th st @ royal ave · 996 m · Transit
Skytrain @ new westminster stn station · 996 m · Transit

Healthcare (1 nearby)

Guardian · 445 m · Healthcare

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 640 m
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 667 m
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 885 m
Fraser River Middle	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.06 KM
Royal City Alternate Program	Public	Grades Served 8-11	Catchment Info —	0	Distance 1.19 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 1.25 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 1.40 KM
POWER Alternate Secondary School	Public	Grades Served 10-12	Catchment Info —	4.8 / 10	Distance 1.41 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.46 KM
John Knox Christian - Secondary Campus	Independent	Grades Served —	Catchment Info —	9.2 / 10	Distance 1.72 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.10 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.12 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.16 KM
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.16 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.21 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.27 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.51 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.58 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.73 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.74 KM
Urban Academy Junior	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.90 KM
Urban Academy Senior	Independent	Grades Served —	Catchment Info —	8.8 / 10	Distance 2.90 KM
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.98 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.98 KM

Pre-computed routes from 701 31 Elliot St, New Westminster, BC

701 31 Elliot St, New Westminster, BC Columbia 0.4 km

38 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Columbia → Waterfront
38 min
Metrotown, Burnaby via Columbia → Metrotown
20 min
SFU Burnaby via Columbia → Production Way
18 min
Richmond Centre via Columbia → Brighouse
63 min
YVR Airport via Columbia → YVR-Airport
64 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

701 31 Elliot St, New Westminster, BC is ideally located for commuters. The property is 0.4 km from Columbia, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Columbia St @ 200 Block (0.11 km). Walk Score Transit rating: Excellent Transit (80/100).

Walkability & Transit Near 701 31 Elliot Street

Car-Dependent 93

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 64

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 701 31 Elliot Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $192

Maintenance fee 749.42

With a 20% down payment, buyers can expect an estimated $3,114/month in total housing costs on this $569,000 property — $2,173 mortgage payment, $192 property tax, $749 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 26, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,116/month estimated rent and $3,170/month in total housing costs, this property has a -$1,055/month cashflow. Break-even down payment: approximately 59%.

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

Estateblock Rent Estimate for 701 31 Elliot Street, New Westminster

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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.