309 290 Francis Way, New Westminster, BC, MLS® R3011287

$532,800
Est. Mortgage /mo

6.2% price reduce

$532,800
$568,000
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
1 Beds
1 Baths
1 Stories
$ 380 Maint. Fee
647 sqft
2008 built
Show more info
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Map
Street view
Schools
Crime
Commute
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309 290 Francis Way, New Westminster, BC | MLS® R3011287 Property Details

6.2% price reduce

Welcome to "The Grove," a cozy Whistler-style building in the peaceful Victoria Hill neighbourhood. This well-maintained home offers stunning views of the Fraser River and Port Mann bridge from the spacious balcony and living room. Inside, you'll find a modern kitchen with quartz countertops and stainless steel appliances that seamlessly connects to the open dining and living area, which boasts 10-foot ceilings and balcony access. The master bedroom is generously sized with its own balcony access and a roomy walk-in closet. Additional storage is available in the laundry room, and the bathroom features a stylish quartz countertop.

General Info

Price $532,800
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 647
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Caretaker, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3011287
Area New Westminster
Neighbourhood Fraserview NW
City New Westminster
Gross Taxes $2,206
Ownership Type Freehold Strata
Maintenance Fee $380
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Caretaker, Management

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Garage Under Building
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RM-5A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View 1
View Description FRASER RIVER
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Magsen Realty Inc.

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
École Qayqayt Elementary
Above Average
0.95 km
Rating 7.2/10
Middle
Fraser River Middle School
1.74 km
No Rating

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

Private Schools

Elementary, Secondary
Urban Academy
0.95 km
Rating 8.9/10
Elementary, Secondary
Urban Academy
0.95 km
Rating 8.9/10

Closest Transit

Translink
Westbound Queens Park Care Centre @ Blackberry Dr
0.11 km

Welcome to 309 290 Francis Way, a charming property nestled in the heart of New Westminster, BC. As your trusted realtor, I'm excited to share with you the wonderful attributes of this home and its surroundings.

Education

Located in the catchment area of École Qayqayt Elementary, this property offers a great education option for families. With a rating of 7.2/10, École Qayqayt Elementary is a solid choice for students. Just down the road, you'll also find Urban Academy, an independent elementary and secondary school with an impressive rating of 8.9/10. This is just one of the many reasons families love this area - the proximity to top-notch schools provides peace of mind for parents.

Safety

Let's talk about safety. According to Statistics Canada's 2020 report, the area around 309 290 Francis Way, New Westminster, BC has an average crime rate of 6,761.11 incidents per 100,000 population. While this may seem high, it's essential to note that the area has seen a drop in crime rates over the years, with a year-by-year change of -10.42%. Additionally, the rate of drug-related crimes is below average, with a rating of 134.4 and 111 related incidents in 2020. Property crimes are also average, with a rating of 3,807.97 and 3,145 incidents in 2020. Violent crimes, however, are average, with 1,143 incidents in 2020. Overall, the area is considered safe, and with the right precautions, you can enjoy a sense of security in your new home.

Demographics

This lovely neighborhood in New Westminster is home to a diverse population. According to the latest census data, 33.6% of residents hold a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, only 9.3% of the population has no certificate or degree, a low number compared to the average in BC. In terms of household income, the median household income is $84,130, which is above average in comparison to the British Columbia average. The median personal income is $43,799, also high compared to the BC average. With 62.7% of households owning their homes, the area is considered to have a high rate of homeownership.

Transit

Getting around is a breeze in this neighborhood. The closest bus station, Westbound Queens Park Care Centre @ Blackberry Dr, is just 0.11 km away from this listing with MLS® R3011287. With public transportation at your doorstep, you can easily commute to nearby cities or explore the local area.

Lifestyle Amenities

This charming property is surrounded by a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The area is also home to several hospitals and medical facilities, ensuring that you have access to quality healthcare when you need it.

Real Estate Context

The average value of dwellings in this neighborhood is $669,254, which is high compared to other areas in British Columbia. Average owner payments are also above average, with homeowners spending $1,487 per month on their properties. Tenants, on the other hand, pay an average of $1,302 per month, also above average. With 21% of the population renting, this is an average number compared to other BC cities.

Additional Insights

This property is located in the Fraserview NW neighborhood, where the population has grown by 9.5% between 2011 and 2016, a high rate of growth compared to the average in the region. The population density in this area is 4,442.1 people per square kilometer, which is high. The average size of families in the area is 2.7, which is below average compared to the whole region. However, 52.2% of families in the area have children, which is below average.

Final Thoughts

As your trusted realtor, I'm excited to offer you this wonderful property at 309 290 Francis Way, New Westminster, BC, listed as MLS® R3011287. With its excellent location, top-notch schools, and access to public transportation, this home is an excellent choice for families and individuals alike. Whether you're looking for a safe and secure environment, a diverse community, or a range of lifestyle amenities, this property has it all.

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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 $532,800
New Westminster $513,871
Fraserview NW $516,600
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!
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