510 500 Royal Ave, New Westminster, BC

$698,000
Est. Mortgage /mo

MLS® R3062219

2 Beds
2 Baths
805 sqft
867 $ /sqft
472.6 $ Maint. fee
2014 Built
$698,000
Est. /mo with 20% down
$867/sqft · Tax $2,810/2025
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

Developed by Ledingham McAllister and is centrally located in the heart of the Royal City. This ft. with 2 bedrooms and 2 bathrooms offers an expensive open-concept kitchen and living room, and 805 sq. spacious deck where you can entertain in style. Master bedroom with walk-in closet and ensuite bathroom. Laminate flooring in the living/dining/kitchen and are pet friendly, with restrictions. Close to Skytrain, New Westminster Quay with local stores, restaurants, coffee shops. Nearby Shopping (Royal City Centre 6 mins away), Parks, and Entertainment (Landmark Cinemas 5 min drive/12min walk). Dominion is in the best location New Westminster has to offer! School catchment; K-5 Ecole Qayqayt Elementary, 6-8 Fraser River Middle, 9-12 New Westminster Secondary, Douglas College New West Campus.

General Info

Price $698,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 805
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3062219
Building Name -
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0G5
Price per Sqft $867
Gross Taxes $2,810.42
Ownership Type Freehold Strata
Maintenance Fee $472.6
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 1
Listed by: Macdonald 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
0.33 km
7.2/10
Middle
Fraser River Middle School
0.61 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
0.28 km
Elementary, Secondary
Urban Academy
0.28 km

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.15 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
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $234
Maintenance fee 0
Financing 80% of the $698,000 asking price over 30 years at 4% results in approximately $3,373/month in total estimated carrying costs, $234 property tax, $473 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 $2,660/month in rental income, leaving a -$770/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% 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 $698,000
New Westminster Loading...
Downtown NW Loading...
4 comparable Apartment/Condos are currently active in Downtown NW, with a median asking price of $654,000. This property is listed 6.7% above the local average and 1.1% 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

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

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