505 1032 Queens Ave, New Westminster, BC

$574,900
Est. Mortgage /mo

MLS® R3083837 · Queens Terrace

2 Beds
2 Baths
870 sqft
661 $ /sqft
538.72 $ Maint. fee
1995 Built
$574,900
Est. /mo with 20% down
$661/sqft · Tax $2,610/2025
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

Property Details & Specs

Welcome to Queens Terrace in New Westminster! Rarely available large spacious 2 bedroom / 2 bathroom in a quiet corner end unit with great open concept floorplan. In-suite laundry, upgrade flooring, surround sound system, also equipped with gas fire place for those cold days. Prime location in Uptown New Westminster - conveniently located only minutes to Skytrain, transit, parks, Douglas College, shopping, banks, restaurants, schools, movie theater and the Quay. Includes 2 parking / 1 storage, 2 pets are welcome with restriction. Amenities includes a gym, bike room, and 2 guest suite ($50/night). NEW ROOF in 2023. Open House - February 22nd (Sunday) - 2pm to 4pm.

General Info

Price $574,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 870
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer, Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3083837
Building Name Queens Terrace
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Postal Code V3M 6T7
Price per Sqft $661
Gross Taxes $2,609.67
Ownership Type Freehold Strata
Maintenance Fee $538.72
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Natural Gas

Utilities

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

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 2
Listed by: RE/MAX All Points 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 & Transit Info

Public Schools

Elementary
École Qayqayt Elementary
Above Average
1.28 km
7.2/10
Middle
Fraser River Middle School
0.36 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
1.21 km
Secondary
Purpose Independent Secondary School
0.7 km

Closest Transit

Bus Stop
Northbound 12 St @ Queens Ave
0.17 km
Skytrain
Skytrain @ New Westminster Stn
0.62 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
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $217
Maintenance fee 0
Financing 80% of the $574,900 asking price over 30 years at 4% results in approximately $2,952/month in total estimated carrying costs, $217 property tax, $539 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $2,250/month in rental income, leaving a -$759/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $574,900
New Westminster Loading...
Uptown NW Loading...
16 comparable Apartment/Condos are currently active in Uptown NW, with a median asking price of $578,347. This property is listed 0.6% below the local average and 3.9% above the New Westminster 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

Property FAQs

What are the closest top-rated schools to 505 1032 Queens Avenue, New Westminster, BC?

Is 505 1032 Queens Avenue, New Westminster, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 505 1032 Queens Avenue, New Westminster, BC?

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

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