112 550 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3134272

$569,999
Est. Mortgage $2,522/mo
Harbourview
2 Beds
1 Baths
930 sqft
613 $ /sqft
404.55 $ Maint. fee
1980 built
$569,999
Est. $2,522/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 112 550 Royal Avenue

This spacious 2-bedroom home is ideally located in the heart of downtown New Westminster, just steps from local shops, restaurants, and transit. A thoughtfully updated unit that features a beautifully renovated bathroom as well as engineered hardwood flooring throughout. The expansive 314 sq. ft. covered patio provides a peaceful outdoor retreat, perfect for relaxing, entertaining, or enjoying year-round outdoor living. Tipperary Park is right across the street, with walking trails, tennis courts and a popular weekly farmer's market. Building is well maintained with FULL RAINSCREEN.

Interior Features

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

Exterior Features

View Description Trees
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $569,999
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 930
Year Built 1980
Age Of Building 46
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 1
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Building Name Harbourview
Ownership Type Freehold Strata
Maintenance Fee $404.55
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Units In Development 55

Lot & Land

Lot Size Depth Feet
MLS® # R3134272
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5H9
Gross Taxes $2,462.61
Zoning C-4

Property Timeline

Status Date Price
R3134272 / Active 06-09-2026 $569,999
Rooms
Floor Type Dimensions
Main Level Living Room 19'5 x 19'5 ft
Main Level Dining Room 5'10 x 5'10 ft
Main Level Kitchen 7'5 x 7'5 ft
Main Level Laundry 6'2 x 6'2 ft
Main Level Primary Bedroom 13'4 x 13'4 ft
Main Level Walk-In Closet 6'11 x 6'11 ft
Main Level Bedroom 13'5 x 13'5 ft
Main Level Foyer 8'1 x 8'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Oakwyn Realty Ltd. & Oakwyn Realty 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

Public Schools

Elementary
École Qayqayt Elementary
0.42 km
Middle
Fraser River Middle School
0.52 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
0.37 km
Elementary, Secondary
Urban Academy
0.37 km

Closest Transit

Bus Stop
Northbound 6th St @ Royal Ave
0.09 km
Skytrain
Skytrain @ Columbia Stn
0.33 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

50 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $414,902
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.33 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
31 DOM
Very fast
Downtown NW avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

112 550 Royal Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 27.2% above comparable active properties in Downtown NW. The local market is currently a Seller's Market with a sales-to-active ratio of 21.4% and an area average of 51 days on market — buyers are active. With only 252 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3L 5H9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5H9, 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 (~2.6 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 112 550 Royal Avenue

Pre-computed routes from 112 550 Royal Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Columbia → Waterfront
    37 min
  • Metrotown, Burnaby via Columbia → Metrotown
    19 min
  • SFU Burnaby via Columbia → Production Way
    17 min
  • Richmond Centre via Columbia → Brighouse
    62 min
  • YVR Airport via Columbia → YVR-Airport
    63 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

112 550 Royal Ave, New Westminster, BC is ideally located for commuters. The property is 0.3 km from Columbia, with a 37 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 6th St @ Royal Ave (0.09 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 112 550 Royal Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 112 550 Royal Avenue

/month
Principal & Interest
Property Taxes $205
Maintenance fee 404.55
With a 20% down payment, buyers can expect an estimated $2,787/month in total housing costs on this $569,999 property — $2,177 mortgage payment, $205 property tax, $405 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
Based on $2,119/month estimated rent and $2,843/month in total housing costs, this property has a -$724/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $569,999
New Westminster Loading...
Downtown NW Loading...

Based on 5 comparable active apartments/condos in Downtown NW, the average asking price is $498,299. This listing is priced 14.4% above the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 112 550 Royal Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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