1911 Marine Way, New Westminster, BC, MLS® R2939867

$3,999,900
Est. Mortgage /mo

$3,999,900
Est. Mortgage /mo
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
2 Beds
1 Baths
1 Stories
lot 4556 sqft
1069 sqft
1951 built
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Map
Street view
Schools
Crime
Commute
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1911 Marine Way, New Westminster, BC | MLS® R2939867 Property Details

Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. The purpose of the Inclusionary Housing Policy is to help meet the City's affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and development at 2.5 FSR, the price per buildable sets this at a favourable number for redevelopment.

General Info

Price $3,999,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1069
Lot Size 4556
Lot Size Depth Feet
Lot Size Frontage 68
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1951
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2939867
Area New Westminster
Neighbourhood West End NW
City New Westminster
Gross Taxes $3,707.66
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning NR-2
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty & RE/MAX Select Properties

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 Info

Public Schools

Elementary
Lord Tweedsmuir Elementary School
Average
0.5 km
Rating 6.5/10
Middle
Fraser River Middle School
1.95 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Our Lady of Mercy School
1.62 km
Rating 10/10
Secondary
St.Thomas More Collegiate
1.62 km
No Rating

Closest Transit

Translink
Westbound Marine Way @ 20 St
0.25 km
Welcome to 1911 Marine Way, a beautiful home located in the heart of New Westminster, BC.

As we walk through the community, you'll notice that this charming neighborhood is serviced by the highly-rated Lord Tweedsmuir Elementary School, which is just a 0.5 km walk from our home at 1911 Marine Way (MLS® R2939867). Lord Tweedsmuir Elementary School has a rating of 6.5/10, making it a great option for families looking for a quality education.

Just down the road, you'll find Our Lady of Mercy School, an independent elementary school with an impressive rating of 10/10. Located 1.62 km from our home, Our Lady of Mercy School is a great option for families who want to provide their children with a top-notch education.

For secondary education, St. Thomas More Collegiate is just a short drive away (1.62 km from our home). With a No Rating, St. Thomas More Collegiate offers a unique educational experience that's perfect for students who thrive in a diverse learning environment.

Now, let's talk about safety. According to Statistics Canada's 2020 report, our neighborhood has an overall crime rate of 6,761.11 incidents per 100,000 population, which is Average compared to other Canadian cities. The good news is that crime rates have been decreasing over the years, with a year-by-year change of -10.42%.

When it comes to property crimes, our neighborhood is Average with a rating of 3,807.97 incidents per 100,000 population. However, it's worth noting that property crime rates have been decreasing as well, with a year-by-year change of -11.79%.

In terms of violent crime, our neighborhood has an Average rate of 1,383.94 incidents per 100,000 population. With a year-by-year change of -5.91%, it's clear that our community is working hard to keep our streets safe.

Getting around is a breeze, too. The closest bus station is Westbound Marine Way @ 20 St, just 0.25 km away from our home (MLS® R2939867). With a variety of transportation options available, you'll be able to get where you need to go quickly and easily.

Now, let's talk about the community. Our neighborhood is home to a diverse group of people, with 29.8% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. In fact, 12.1% of residents have no certificate or degree, which is Low compared to the average in BC.

The median household income in our neighborhood is $90,112, which is Above Average compared to the British Columbia average. With a median personal income of $37,895, our community is filled with individuals who are working hard to achieve their goals.

In terms of housing, our neighborhood offers a mix of owner-occupied and rental properties. With a 57.6% household mortgage rate, our community is Average compared to other neighborhoods in BC. The average owner payment is High, with homeowners spending an average of $1,653 per month. Meanwhile, tenants are paying an average of $1,164 per month, which is Above Average compared to other cities.

According to the 2016 Census, 32.5% of our community is made up of renters, which is Above Average compared to other BC cities and areas. With a mix of English, French, and other languages spoken at home, our community is a vibrant and diverse place to live.

Getting around without a car is easy, too. With a 25.7% of residents using public transportation, a 67.6% using cars, a 1.8% using bicycles, and a 3.6% walking, our community is designed to be accessible and convenient for everyone.

In conclusion, 1911 Marine Way is a fantastic home in a beautiful neighborhood with plenty to offer. From its highly-rated schools to its safe and diverse community, this home is the perfect place to call your own. Whether you're a family looking for a quality education or an individual looking for a convenient and affordable place to live, 1911 Marine Way is the perfect choice.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,999,900
New westminster No comparables
West End NW No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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