426 Seventh St, New Westminster, BC, MLS® R3020555

$1,150,000
Est. Mortgage /mo

$1,150,000
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
3 Beds
1 Baths
2 Stories
lot 3782 sqft
1295 sqft
1901 built
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Map
Street view
Schools
Crime
Commute
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426 Seventh St, New Westminster, BC | MLS® R3020555 Property Details

Attention builders and investors-prime 3,782 sq ft corner lot in desirable Uptown New Westminster! Existing home is in poor condition and sold as-is, offering a great opportunity for redevelopment. Ideally located within walking distance to schools, shopping, transit, and amenities. A rare chance to own in a vibrant, established neighbourhood.

General Info

Price $1,150,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1295
Lot Size 3782
Lot Size Depth Feet
Lot Size Frontage 0
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1901
Age Of Building 124
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Stove, Range Top
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3020555
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Gross Taxes $5,058.35
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Additional Parking, Open, Side Access, Asphalt
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites None
# of Kitchens 1
Flooring Concrete, Hardwood
Foundation Slab
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Stonehaus Realty Corp. & The Agency Vancouver

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 Kelvin Elementary School
Average
0.8 km
Rating 5.2/10
Middle
Fraser River Middle School
0.65 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
0.92 km
Rating 8.9/10
Secondary
Vancouver International College
0.29 km
No Rating

Closest Transit

Translink
Southbound 6th St @ 5th Ave
0.17 km

Welcome to 426 Seventh Street in the vibrant city of New Westminster, BC - a charming property that's perfectly situated in the heart of Uptown NW. With its desirable location, this home is an excellent choice for families and individuals alike, offering a unique blend of convenience, amenities, and community spirit.

Let's start with the schools. Lord Kelvin Elementary School, a highly-rated institution with a 5.2/10 rating, is just 0.8 km away from 426 Seventh Street, making it an ideal choice for families with young children. For older students, the Urban Academy, an independent school with a stellar 8.9/10 rating, is only 0.92 km away. Meanwhile, the Vancouver International College, a secondary independent school, is conveniently located just 0.29 km from this address.

Now, let's talk about safety. The latest crime data from Statistics Canada (2020) reveals that this neighbourhood has an average crime rate of 6,761.11, which is comparable to other Canadian cities. While there were 5,584 reported disturbances in the area, the overall crime rate near 426 Seventh Street is considered average. It's worth noting that the rate of drug-related crimes is below average, with a rating of 134.4 and a year-over-year decrease of 5.34%. Property crimes are also average, with a rating of 3,807.97 and a decrease of 11.79% over the same period.

As for demographics, this neighbourhood is home to a diverse population with a median household income of $45,483, which is lower than the British Columbia average. However, 28.7% of residents have a university certificate or degree, which is above average for BC. It's also worth noting that 12.3% of the population has no certificate or degree, which is lower than the average in BC.

Now, let's explore the lifestyle amenities in this area. The closest bus station, Southbound 6th St @ 5th Ave, is just 0.17 km away, offering convenient transportation options. The average age of the population is 41.3, which is average for BC. Moreover, 52.3% of families have children, which is below average, and 43.4% of residents are married or living common law, which is lower than the average in BC.

When it comes to real estate context, the average value of dwellings in this neighbourhood is $565,573, which is above average for British Columbia. The average owner payments are also above average, with owners spending $1,421 on average for their dwellings. Tenants, on the other hand, are paying $891, which is below average compared to other cities.

In terms of housing options, 71.2% of the population in this area are renters, which is higher than the average in BC. The majority of residents (88.8%) speak only English, while 8.5% speak both English and French, and 2.6% speak neither. When it comes to transportation, 43.1% of residents use public transport, 47.4% use cars, and 7.4% walk, while 0.4% use bicycles.

Overall, 426 Seventh Street is an excellent choice for those looking for a convenient, amenity-rich lifestyle in the heart of New Westminster, BC. With its desirable location, excellent schools, and diverse community, this property is sure to appeal to families and individuals alike. If you're looking for a home that offers the best of both worlds, look no further than 426 Seventh Street, MLS® R3020555.

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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 $1,150,000
New Westminster No comparables
Uptown 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
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