711 271 Francis Way, New Westminster BC - Apartment/Condo for Sale - MLS# R3059936

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Listing updated:
EstateBlock checked:
Parkside
2 Beds
2 Baths
1045 sqft
722 $ /sqft
502.85 $ Maint. fee
2016 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
École Qayqayt Elementary
1.01 km
Middle
Fraser River Middle School
1.82 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Urban Academy
1.02 km
Elementary, Secondary
Urban Academy
1.02 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

44 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $629,897
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FRASERVIEW NW compares
This property
94 DOM
Slower than area
Fraserview NW avg
50 DOM
Average
New Westminster avg
50 DOM
Faster market

711 271 Francis Way has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 16.6% above comparable active properties in Fraserview 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 only 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.

Nearby Restaurants, Cafes & Shops

Mortgage Calculator for 711 271 Francis Way

/month
Principal & Interest
Property Taxes $283
Maintenance fee 502.85
Financing 80% of the $755,000 asking price over 30 years at 4% results in approximately $3,670/month in total estimated carrying costs, $283 property tax, $503 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
This listing generates an estimated $2,659/month in rental income, leaving a -$1,058/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 711 271 Francis Way, 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.

Price vs Neighbourhood Average — Fraserview NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home
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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

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

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