525 Sixteenth St, New Westminster, BC, MLS® R2824254

$1,099,000
Est. Mortgage /mo

Closed

$1,050,000
Closed at 17 Nov 2023
Listing price: $1,099,000
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
5 Beds
2 Baths
2 Stories
lot 6000 sqft
1557 sqft
1954 built
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Map
Street view
Schools
Crime
Commute
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525 Sixteenth St, New Westminster, BC | MLS® R2824254 Property Details

Nestled on a spacious 50x120ft, 6,000 sqft corner lot, this 5-bedroom home in New Westminster offers a great opportunity for you to build your new home. Located just 200 meters from Lord Tweedsmuir Elementary School and a 2-minute walk to the nearest bus stop, ensures an easy commute with a quick 6-minute drive to downtown New Westminster and the Columbia SkyTrain station. This home boasts a family-friendly layout and will be a great home for a family after some renovations with an expansive yard for outdoor enjoyment. Whether you're a growing family or seeking a prime location to build a new home, or multiplex/townhouse with an effortless commute, this New Westminster gem is your answer.

General Info

Price $1,099,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1557
Lot Size 6000
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2824254
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Gross Taxes $3,197.22
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Triple, Open, Front Access
Total Parking Spaces 3

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

Property History

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Status Date Price
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Listed by: RE/MAX Real Estate Services & RE/MAX Real Estate Services & Homeland Realty

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
0.49 km
Rating 6.5/10
Middle
Fraser River Middle School
1.4 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
1.23 km
Rating 10/10
Secondary
St.Thomas More Collegiate
1.29 km
No Rating

Closest Transit

Translink
Eastbound 6th Ave @ 16 St
0.07 km

525 Sixteenth Street is serviced by Lord Tweedsmuir Elementary School. The property with listing MLS® R2824254 is located 0.49 km from the school. Lord Tweedsmuir Elementary School has a rating of Rating 6.5/10.

The closest Elementary independent school to this home for sale located at 525 Sixteenth Street is Our Lady of Mercy School with School's rating Rating 10/10, located 1.23 km from this home.

The closest to this address 525 Sixteenth Street Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.29 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 - 525 Sixteenth 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® R2824254 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 525 Sixteenth Street are Average. Property misconduct rating adjacent to MLS® R2824254 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 Eastbound 6th Ave @ 16 St in 0.07 km away from this listing with - MLS® R2824254.

32.7% of people with university certificate/degree live in this neighbourhood adjacent to the 525 Sixteenth Street which is Above Average in comparison with other BC neighbourhoods. 8.2% of population in this neighbourhood that is near the Listing MLS® R2824254 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 525 Sixteenth Street, New westminster, BC is $68312 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2824254 is $38773 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 65.2% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2824254 is 5.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 525 Sixteenth Street Uptown NW where population change between 2011 and 2016 was 1%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 525 Sixteenth Street, New westminster, BC is 6919.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 525 Sixteenth Street 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® R2824254 is 41.9% and it is Low. % of Married or living common law is around 53.2% and it is Below Average.

Average age of the population close to the 525 Sixteenth Street is 42.8 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 525 Sixteenth Street, New westminster, BC is $408333 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 525 Sixteenth Street. $1342 owners spent in average for the dwelling. Tenants are paying $1283 in this district close to MLS® R2824254 and it is Above Average comparing to other cities.

35.5% of Population in this district near the 525 Sixteenth Street are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 525 Sixteenth Street, New westminster, BC is 7%, it is Average, % of English speakers only is 90.5% and Average. % of French speakers adjacent to 525 Sixteenth Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 525 Sixteenth Street, New westminster, BC is 2.5% and it is Above Average comparing to other BC cities.

39.4% of all population in the area around this property with the address 525 Sixteenth Street, New westminster, BC using Public Transport which is High, 53% of using population are using Cars around MLS® R2824254, which is Low. 0.7% of people using Bicycles around the 525 Sixteenth Street and it is Below Average. 5.1% of population are walking which is Average

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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 $1,099,000
New westminster $1,200,000
Uptown NW $1,291,500
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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