518 Fourth St, New Westminster, BC, MLS® R2793834

$1,988,000
Est. Mortgage /mo

Closed

$1,850,000
Closed at 22 Aug 2023
Listing price: $1,988,000
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
3 Baths
2 Stories
lot 7618 sqft
2069 sqft
1973 built
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Map
Street view
Schools
Crime
Commute
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518 Fourth St, New Westminster, BC | MLS® R2793834 Property Details

This is a unique opportunity that offers so many possibilities! Located in Queens Park on a large 51.3 x 148.50 SF FLAT lot, this solid 3 BED/2 BATH Tudor is ready for your design ideas OR build your DREAM home & INFILL HOUSE. Ground floor entry is easy to suite for in-laws or as mortgage helper/extra income. This home is in original condition with some updates incl. a new roof, HW tank & furnace (2019.) Main floor with 3 BEDS, a spacious living area, one of TWO wood-burning f/places, oak floors (2010), large windows & a bright open kitchen with eating area. A NON-HERITAGE home on a tranquil & expansive SOUTH WEST facing lot is a RARE FIND in this highly desirable area! Steps to all levels of excellent schools, shopping, cafes, transit and beautiful Queens Park.

General Info

Price $1,988,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2069
Lot Size 7618.05
Lot Size Depth Feet
Lot Size Frontage 51.3
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1973
Age Of Building 50
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2793834
Area New Westminster
Neighbourhood Queens Park
City New Westminster
Gross Taxes $6,953.61
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Tandem, Front Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by:

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
Herbert Spencer Elementary School
Average
0.46 km
Rating 6.6/10
Middle
École Glenbrook Middle School
0.91 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
0.94 km
Rating 8.9/10
Secondary
Vancouver International College
0.32 km
No Rating

Closest Transit

Translink
Westbound 6th Ave @ 4th St
0.1 km

518 Fourth Street is serviced by Herbert Spencer Elementary School. The property with listing MLS® R2793834 is located 0.46 km from the school. Herbert Spencer Elementary School has a rating of Rating 6.6/10.

The closest Elementary independent school to this home for sale located at 518 Fourth Street is Urban Academy with School's rating Rating 8.9/10, located 0.94 km from this home.

The closest to this address 518 Fourth Street Secondary independent school is Vancouver International College with School's rating No Rating, located 0.32 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 - 518 Fourth Street, 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® R2793834 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 518 Fourth Street are Average. Property misconduct rating adjacent to MLS® R2793834 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 Westbound 6th Ave @ 4th St in 0.1 km away from this listing with - MLS® R2793834.

27% of people with university certificate/degree live in this neighbourhood adjacent to the 518 Fourth Street which is Above Average in comparison with other BC neighbourhoods. 14.9% of population in this neighbourhood that is near the Listing MLS® R2793834 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 518 Fourth Street, New westminster, BC is $47232 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2793834 is $30640 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 48.1% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2793834 is 6.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 518 Fourth Street Queens Park where population change between 2011 and 2016 was 7.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 518 Fourth Street, New westminster, BC is 8943.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 518 Fourth Street is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2793834 is 48% and it is Below Average. % of Married or living common law is around 47.6% and it is Low.

Average age of the population close to the 518 Fourth Street is 51.1 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 518 Fourth Street, New westminster, BC is $444053 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 518 Fourth Street. $1103 owners spent in average for the dwelling. Tenants are paying $953 in this district close to MLS® R2793834 and it is Average comparing to other cities.

48% of Population in this district near the 518 Fourth Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 518 Fourth Street, New westminster, BC is 6.9%, it is Average, % of English speakers only is 89.1% and Average. % of French speakers adjacent to 518 Fourth Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 518 Fourth Street, New westminster, BC is 3.9% and it is High comparing to other BC cities.

28.6% of all population in the area around this property with the address 518 Fourth Street, New westminster, BC using Public Transport which is High, 59% of using population are using Cars around MLS® R2793834, which is Low. 0.6% of people using Bicycles around the 518 Fourth Street and it is Below Average. 11.3% of population are walking which is High

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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 $1,988,000
New westminster No comparables
Queens Park 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!
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