1605 320 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3119522

$449,000
Est. Mortgage $1,986/mo
The Peppertree
3 Beds
2 Baths
1048 sqft
428 $ /sqft
724.32 $ Maint. fee
1975 built
8.2% price reduction
$449,000
$489,000
Est. $1,986/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 1605 320 Royal Avenue

8.2% price reduction

Welcome to Peppertree. This bright 3-bedroom, 2-bathroom residence enjoys panoramic views of the Fraser River, mountains and city skyline. This well-maintained building features shared laundry, secured underground parking, storage locker, bike room, games room, and roof deck. Ideally located in a highly walkable neighbourhood, you’re just minutes from the SkyTrain, Douglas College, and beautiful Queen’s Park, shops, cafés, and daily amenities right outside your door. Recent upgrades include modernized elevators, a new roof, boilers, refreshed hallways, exterior paint, and a remodelled laundry room refreshed amenities. An excellent opportunity for families or investors looking for comfort, convenience, and value.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Heating Type Baseboard
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $449,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1048
Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Trash, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name The Peppertree
Ownership Type Freehold Strata
Maintenance Fee $724.32
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Trash, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 112

Lot & Land

Lot Size Depth Feet
MLS® # R3119522
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5C6
Gross Taxes $2,849.69
Zoning CD

Property Timeline

Status Date Price
R3119522 / Active 05-04-2026 $449,000
R3107542 / Terminated 04-07-2026 $559,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'7 x 7'7 ft
Main Level Kitchen 7'7 x 7'7 ft
Main Level Dining Room 7'7 x 7'7 ft
Main Level Living Room 19'6 x 19'6 ft
Main Level Bedroom 12'8 x 12'8 ft
Main Level Bedroom 12'6 x 12'6 ft
Main Level Primary Bedroom 14'4 x 14'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #2

Listed by: Dexter Realty & Dexter 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.

Map & Neighbourhood

Private Schools

Elementary
Al-Hidayah School
Average
0.27 km
4/10
Elementary,Secondary
Compass Christian New West
Average
0.32 km
6.4/10

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.14 km
Skytrain
Skytrain @ Columbia Stn
0.29 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
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

72 / 100
Overall sell-speed score
Likely within weeks
B
Price competition grade
Avg comparable: $449,000
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.29 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
66 DOM
Slower than area
Downtown NW avg
51 DOM
Average
New Westminster avg
51 DOM
Faster market

1605 320 Royal Avenue has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced in line with 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 likely to sell within a few weeks.

Climate Risk for V3L 5C6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 5C6, 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 (~2.4 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 1605 320 Royal Avenue

Pre-computed routes from 1605 320 Royal Ave, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via Columbia → Waterfront
    36 min
  • Metrotown, Burnaby via Columbia → Metrotown
    18 min
  • SFU Burnaby via Columbia → Production Way
    16 min
  • Richmond Centre via Columbia → Brighouse
    61 min
  • YVR Airport via Columbia → YVR-Airport
    62 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

1605 320 Royal Ave, New Westminster, BC is ideally located for commuters. The property is 0.3 km from Columbia, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Fourth St @ Agnes St (0.14 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 1605 320 Royal Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 1605 320 Royal Avenue

/month
Principal & Interest
Property Taxes $237
Maintenance fee 724.32
Financing 80% of the $449,000 asking price over 30 years at 4% results in approximately $2,676/month in total estimated carrying costs, $237 property tax, $724 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 $1,757/month in rental income, leaving a -$972/month cashflow at current carrying costs. Investors targeting break-even would need roughly 66% down.
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 $449,000
New Westminster Loading...
Downtown NW Loading...

Based on 2 comparable active apartments/condos in Downtown NW, the average asking price is $616,333. This listing is priced 27.1% below the neighbourhood average. This property is flagged as a Hot Deal (8.2% price reduction) based on its competitive pricing and market demand.

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 1605 320 Royal Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

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