505 740 Hamilton St, New Westminster, BC | MLS^® R3047196 Property Details

6.3% price reduction

Spacious two bedroom corner unit at "The Statesman", a solid building on a very large site in UPTOWN New Westminster. Located directly across the street from Moody Park and just a short walk to the best shopping and dining, this home also provides immediate access to transit and vehicle routes direct to downtown Vancouver. There is plenty of natural light in the suite, a large living room and dining room, lovely wood kitchen and bathroom cabinets as well as an in-suite storage area and an enclosed balcony. Comes with secure parking and in-suite and external storage. Available for quick possession.

General Info

Price $449,900

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 856

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1974

Age Of Building 51

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Refrigerator, Stove

Building Amenities Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3047196

Area New Westminster

Neighbourhood Uptown NW

City New Westminster

Gross Taxes $2,079.88

Ownership Type Freehold Strata

Maintenance Fee $621.53

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard, Hot Water

Utilities

Utility Type Community

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Concrete

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions No Cats, No Dogs, Yes With Restrictions

Rental Restrictions -

Zoning CD

Rental Suites -

Laundry Common Area

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description Mountain

Units In Development 88

Exterior Features Garden, Balcony

Sewer Public Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	8' x 8' ft
Main Level	Kitchen	7' x 7' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	9' x 9' ft
Main Level	Foyer	8'6 x 8'6 ft
Main Level	Storage	4' x 4' ft

Listed by: Sutton Centre Realty

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.

Neighborhood Info

Public Schools

Elementary

Lord Kelvin Elementary School

Average

0.43 km

5.2/10

Middle

Fraser River Middle School

1.16 km

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

Private Schools

Elementary

Our Lady of Mercy School

0.77 km

Secondary

Vancouver International College

0.34 km

Closest Transit

Bus Stop

Northbound 8th St @ 7th Ave

0.05 km

Skytrain

Skytrain @ New Westminster Stn

1.64 km

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

Welcome to 505 740 Hamilton Street, a charming property located in the heart of New Westminster, BC.

As we walk through this vibrant neighborhood, you'll discover a sense of community that's hard to find elsewhere. Let's start with the schools. Lord Kelvin Elementary School, with its rating of 5.2/10, is just a 0.43 km stroll away from our property with MLS^® R3047196. This school is a great option for families, and its proximity to our home makes it an ideal choice for those with children.

Just down the road, you'll find Our Lady of Mercy School, an independent elementary school with an impressive rating of 10/10. Located 0.77 km from our property, it's a great alternative for families seeking a private education. For secondary education, Vancouver International College is just 0.34 km away, offering a No Rating, but a great option for those seeking a post-secondary education.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the crime rate in this neighborhood is Average, with 6,761.11 incidents per 100,000 population. While this may seem concerning, it's essential to note that the overall crime rate has decreased by 10.42% year-over-year. In terms of specific crimes, the drug crime rate is below average, with a rating of 134.4 and 111 incidents in 2020. Property crimes are also Average, with a rating of 3,807.97 and 3,145 incidents in 2020.

Looking at demographics, this neighborhood is a hub of activity, with 27% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 14.9% of the population has no certificate or degree, which is Below Average. The median household income is $47,232, which is Low compared to the British Columbia average. However, the unemployment rate is 6.9%, which is Below Average.

This property is located in the Uptown NW area, where the population has grown by 7.5% between 2011 and 2016, which is Above Average. The population density is 8,943.5 people per square kilometer, which is High. The average family size is 2.5, which is Low, and 48% of families have children, which is Below Average.

In terms of transportation, the closest bus station is Northbound 8th St @ 7th Ave, just 0.05 km away from our property with MLS^® R3047196. The average age of the population is 51.1, which is High compared to other BC cities. The average value of dwellings in this neighborhood is $444,053, which is Above Average compared to other areas in British Columbia.

As for housing costs, the average owner payments are Below Average, with owners spending $1,103 on average for their dwellings. Tenants, on the other hand, pay an average of $953, which is Average compared to other cities. Interestingly, 48% of the population in this neighborhood are renters, which is High compared to other BC cities.

Finally, let's look at language and transportation. 6.9% of the population speaks both English and French, which is Average. 89.1% speak English only, which is also Average. 0.1% speak French only, which is Low. 3.9% speak neither English nor French, which is High. In terms of transportation, 28.6% of the population uses public transport, which is High. 59% of the population uses cars, which is Low. 0.6% uses bicycles, which is Below Average. 11.3% of the population walks, which is High.

In conclusion, 505 740 Hamilton Street, New Westminster, BC (MLS^® R3047196) is a fantastic property located in a vibrant and diverse neighborhood. With its proximity to excellent schools, low crime rate, and a range of transportation options, this property is an ideal choice for families and individuals alike.