700-702 Sixteenth St, New Westminster, BC, MLS® R2930443

$1,699,000
Est. Mortgage /mo

Closed

$1,680,000
Closed at 14 Nov 2024
Listing price: $1,699,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Trusted, Experienced, & Award-Winning REALTOR®
Go See This Home Now
5 Beds
3 Baths
3 Stories
lot 5016 sqft
3278 sqft
1937 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Unique chance to acquire this prime duplex property in sought-after West End New Westminster. Buyers will own both 700 & 702 Sixteenth Street! Each unit is carefully upgraded and well-maintained, featuring new roofs, kitchens, and bathrooms! This south-facing VIEW lot (5016 sqft) is beautifully landscaped for privacy on a tranquil residential corner, with the 22nd street sky train station and transit just a stroll away. Tenancy on the 700 side generates solid income. BONUS: an extra 3rd income suite—a one-bedroom plus den on the garden level. Incredible revenue potential: "3 suites" plus double garage! Open Saturday October 5th 2:30-4pm.

General Info

Price $1,699,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3278
Lot Size 5016
Lot Size Depth Feet
Lot Size Frontage 44
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1937
Age Of Building 87
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2930443
Area New Westminster
Neighbourhood West End NW
City New Westminster
Gross Taxes $6,396.15
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

Utility Type Natural Gas Connected, Water Connected
Utility Sewer Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R-1
Rental Suites -
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View 1
View Description Views of the Fraser River
Units In Development -
Exterior Features Balcony
Sewer Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Select 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 Tweedsmuir Elementary School
Average
0.23 km
Rating 6.5/10
Middle
Fraser River Middle School
1.62 km
No Rating

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
1.04 km
No Rating
Secondary
St.Thomas More Collegiate
1.06 km
No Rating

Closest Transit

Translink
Eastbound 8th Ave @ 16 St
0.18 km

700-702 Sixteenth Street is serviced by Lord Tweedsmuir Elementary School. The property with listing MLS® R2930443 is located 0.23 km from the school. Lord Tweedsmuir Elementary School has a rating of Rating 6.5/10.

The closest Elementary independent school to this home for sale located at 700-702 Sixteenth Street is Our Lady of Mercy School with School's rating No Rating, located 1.04 km from this home.

The closest to this address 700-702 Sixteenth Street Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.06 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 volation disturbances in this neighbourhood. The overall crime rate near the address - 700-702 Sixteenth Street, New westminster, BC is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate next to the listing MLS® R2930443 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 134.4. There were 111 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -5.34%

Property crimes in the neighbourhood close to real estate listing for sale 700-702 Sixteenth Street are Average. Property misconduct rating adjacent to MLS® R2930443 is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -11.79%

There were 1,143 violent lawbreaking disorders in 2020. 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Eastbound 8th Ave @ 16 St in 0.18 km away from this listing with - MLS® R2930443.

29.8% of people with university certificate/degree live in this neighbourhood adjacent to the 700-702 Sixteenth Street which is Above Average in comparison with other BC neighbourhoods. 12.1% of population in this neighbourhood that is near the Listing MLS® R2930443 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 700-702 Sixteenth Street, New westminster, BC is $90112 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2930443 is $37895 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.6% which is Average.

Unemployment rate in the area around Real Estate Listing # R2930443 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 700-702 Sixteenth Street West End NW where population change between 2011 and 2016 was 4.3%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 700-702 Sixteenth Street, New westminster, BC is 4304.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 700-702 Sixteenth Street is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2930443 is 67.7% and it is Above Average. % of Married or living common law is around 59.1% and it is Average.

Average age of the population close to the 700-702 Sixteenth Street is 39.5 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 700-702 Sixteenth Street, New westminster, BC is $1061615 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 700-702 Sixteenth Street. $1653 owners spent in average for the dwelling. Tenants are paying $1164 in this district close to MLS® R2930443 and it is Above Average comparing to other cities.

32.5% of Population in this district near the 700-702 Sixteenth Street are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 700-702 Sixteenth Street, New westminster, BC is 8.2%, it is Average, % of English speakers only is 89.3% and Average. % of French speakers adjacent to 700-702 Sixteenth Street only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 700-702 Sixteenth Street, New westminster, BC is 2.5% and it is Above Average comparing to other BC cities.

25.7% of all population in the area around this property with the address 700-702 Sixteenth Street, New westminster, BC using Public Transport which is High, 67.6% of using population are using Cars around MLS® R2930443, which is Low. 1.8% of people using Bicycles around the 700-702 Sixteenth Street and it is Above Average. 3.6% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,699,000
New westminster $1,588,833
West End NW No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Trusted, Experienced, & Award-Winning REALTOR®
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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