2503 892 Carnarvon St, New Westminster BC - Apartment/Condo for Sale - MLS# R3119216

$524,900
Est. Mortgage $2,322/mo
Azure 2
2 Beds
2 Baths
775 sqft
677 $ /sqft
454.93 $ Maint. fee
2009 built
7.1% price reduction
$524,900
$564,900
Est. $2,322/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 2503 892 Carnarvon Street

7.1% price reduction

Welcome to Azure 2 at Plaza 88 in the heart of New Westminster! This bright 2 bed, 2 bath home offers stunning south-facing Fraser River views from the spacious sundeck, and a functional open layout. Enjoy a fully integrated lifestyle with gym, party room, and garden. Direct indoor access to SkyTrain, shopping, and dining from the 6th floor. Steps to the Quay and all downtown amenities—urban convenience at its best! Pet friendly (2 small dogs or cats, max 18" at shoulder). BONUS: 1 parking & storage locker included.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

View Description Fraser River
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $524,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 775
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Management, Snow Removal
Building Name Azure 2
Ownership Type Freehold Strata
Maintenance Fee $454.93
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 206

Lot & Land

MLS® # R3119216
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3M 0C5
Gross Taxes $2,670.77
Zoning C-4C

Property Timeline

Status Date Price
R3119216 / Active 05-04-2026 $524,900
R2820798 / Sold 03-14-2024 $629,900
Rooms
Floor Type Dimensions
Main Level Foyer 6' x 6' ft
Main Level Kitchen 8'9 x 8'9 ft
Main Level Dining Room 7'3 x 7'3 ft
Main Level Living Room 10'2 x 10'2 ft
Main Level Primary Bedroom 17'9 x 17'9 ft
Main Level Bedroom 14'1 x 14'1 ft
Main Level Storage 4'9 x 4'9 ft
Main Level Patio 7'3 x 7'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #4

Listed by: RE/MAX LIFESTYLES 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,Secondary
Compass Christian New West
Average
0.55 km
6.4/10
Secondary
Purpose Independent Secondary School
Average
0.21 km
4/10

Closest Transit

Bus Stop
New Westminster Station @ Bay 7
0.03 km
Skytrain
Skytrain @ New Westminster Stn
0.10 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
32.7%
No Certificate/Degree
Below Average
8.2%
Owner Occupied
Average
65.2%
Employment Rate
Below Average
41.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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

69 / 100
Overall sell-speed score
Likely within weeks
C
Price competition grade
Avg comparable: $499,915
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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

2503 892 Carnarvon Street has a sell-speed score of 69/100, placing it in the "Expected to sell within weeks" band. The listing is priced 4.8% 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 likely to sell within a few weeks.

Climate Risk for V3M 0C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 0C5, 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 (~3.2 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 2503 892 Carnarvon Street

Pre-computed routes from 2503 892 Carnarvon St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    33 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    15 min
  • SFU Burnaby via New Westminster → Production Way
    13 min
  • Richmond Centre via New Westminster → Brighouse
    58 min
  • YVR Airport via New Westminster → YVR-Airport
    59 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
    7 min
  • Richmond Centre via No. 3 Rd
    20 min
  • YVR Airport via Bridgeport / Sea Island
    23 min

Calculate your commute

2503 892 Carnarvon St, New Westminster, BC is ideally located for commuters. The property is 0.1 km from New Westminster, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is New Westminster Station @ Bay 7 (0.03 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 2503 892 Carnarvon Street

Walk Score Badge
Car-Dependent 98

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
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 2503 892 Carnarvon Street

/month
Principal & Interest
Property Taxes $223
Maintenance fee 454.93
With a 20% down payment, buyers can expect an estimated $2,683/month in total housing costs on this $524,900 property — $2,005 mortgage payment, $223 property tax, $455 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 $1,951/month estimated rent and $2,735/month in total housing costs, this property has a -$784/month cashflow. Break-even down payment: approximately 52%.
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 $524,900
New Westminster Loading...
Downtown NW Loading...

Based on 50 comparable active apartments/condos in Downtown NW, the average asking price is $560,320. This listing is priced 6.3% below the neighbourhood average. This property is flagged as a Hot Deal (7.1% 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 2503 892 Carnarvon Street

Walk Score Badge
Car-Dependent 98

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
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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