Home New westminster, BC Downtown NW 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9

343 Days on the market

311 550 ROYAL AVE, New Westminster BC V3L 5H9, New westminster, BC

$575,000

Est. Mortgage /mo

MLS® R2890487

Closed

$555,000

Closed at 15 Aug 2024
Listing price: ~~$575,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

2 Beds

1 Baths

0 Stories

$ 388.37 Maint. Fee

948 sqft

1980 built

New Westminster BC V3L 5H9 New Westminster

Property details

Cease your search for space, location, and a move-in-ready home – everything you desire is right here at Harbourview. Welcome to this spacious 2-bed, 1-bath home spanning over 948 sqft, nestled in the highly sought-after Downtown Neighborhood of New Westminster. Enjoy the convenience of being mere minutes away from shopping, transit, restaurants, Douglas College, and the Fraser River.IN-SUITE LAUNDRY. Open House (Sun) June 16 from 1PM to 4PM.

General Info

Price $575,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 948

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1980

Age Of Building 44

Building Type Apartment/Condo

Property Type Residential

Stories -

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop

Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2890487

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,241.37

Ownership Type Freehold Strata

Maintenance Fee $388.37

Community Features Shopping Nearby

Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water

Heating & Cooling

Fireplace 0

Heating Type Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Lane Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning RES

Rental Suites -

Laundry In Unit, Common Area

# of Kitchens 1

Foundation Block

Interior Features Elevator

Locker -

View -

View Description -

Units In Development 55

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Torch-On

Property History

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Status	Date	Price
Sold	08-15-2024	$575,000

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	8'7 x 8'7 ft
Main Level	Living Room	12'6 x 12'6 ft
Main Level	Eating Area	9' x 9' ft
Main Level	Kitchen	6'8 x 6'8 ft
Main Level	Foyer	3'9 x 3'9 ft
Main Level	Den	6'3 x 6'3 ft
Main Level	Walk-In Closet	6'3 x 6'3 ft

Listed by: Rexara Realty Inc. & Rexara 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

0.41 km

Rating 7.2/10

Middle

Fraser River Middle School

0.53 km

No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary

Urban Academy

0.37 km

Rating 8.9/10

Elementary, Secondary

Urban Academy

0.37 km

Rating 8.9/10

Closest Transit

Translink

Northbound 6th St @ Royal Ave

0.1 km

311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 is serviced by École Qayqayt Elementary. The property with listing MLS® R2890487 is located 0.41 km from the school. École Qayqayt Elementary has a rating of Rating 7.2/10.

The closest Elementary independent school to this home for sale located at 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 is Urban Academy with School's rating Rating 8.9/10, located 0.37 km from this home.

The closest to this address 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 Secondary independent school is Urban Academy with School's rating Rating 8.9/10, located 0.37 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 volation disturbances in this neighbourhood. The overall crime rate near the address - 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate next to the listing MLS® R2890487 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 134.4. There were 111 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -5.34%

Property crimes in the neighbourhood close to real estate listing for sale 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 are Average. Property misconduct rating adjacent to MLS® R2890487 is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -11.79%

There were 1,143 violent lawbreaking disorders in 2020. 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Northbound 6th St @ Royal Ave in 0.1 km away from this listing with - MLS® R2890487.

37.7% of people with university certificate/degree live in this neighbourhood adjacent to the 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 which is High in comparison with other BC neighbourhoods. 5.8% of population in this neighbourhood that is near the Listing MLS® R2890487 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is $63502 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2890487 is $40092 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 80% which is High.

Unemployment rate in the area around Real Estate Listing # R2890487 is 5.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 Downtown NW where population change between 2011 and 2016 was 19.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is 9970.8 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2890487 is 36.5% and it is Low. % of Married or living common law is around 51.5% and it is Below Average.

Average age of the population close to the 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 is 39.4 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is $345210 and this is Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9. $1396 owners spent in average for the dwelling. Tenants are paying $1201 in this district close to MLS® R2890487 and it is Above Average comparing to other cities.

37.7% of Population in this district near the 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is 8.3%, it is Average, % of English speakers only is 88.8% and Below Average. % of Neither English nor French speakers close to home for sale 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC is 2.8% and it is Above Average comparing to other BC cities.

47.3% of all population in the area around this property with the address 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9, New westminster, BC using Public Transport which is High, 45.8% of using population are using Cars around MLS® R2890487, which is Low. 1% of people using Bicycles around the 311 550 ROYAL AVENUE, New Westminster BC V3L 5H9 and it is Average. 5.1% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 388.37

All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

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

Renanza Realty

778-918-5990

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