700-702 Sixteenth St, New Westminster BC V3M 4R6, New Westminster, BC

$1,699,000
Est. Mortgage /mo

MLS® R2930443

Closed

$1,680,000
Closed at 14 Nov 2024
Listing price: $1,699,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
3 Stories
lot 5227 Square Feet
3278 sqft
1937 built
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Schools
Crime
Commute
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Property details

Unique chance to acquire this prime duplex property in sought-after West End New Westminster. Buyers will own both 700 & 702 Sixteenth Street! Each unit is carefully upgraded and well-maintained, featuring new roofs, kitchens, and bathrooms! This south-facing VIEW lot (5016 sqft) is beautifully landscaped for privacy on a tranquil residential corner, with the 22nd street sky train station and transit just a stroll away. Tenancy on the 700 side generates solid income. BONUS: an extra 3rd income suite—a one-bedroom plus den on the garden level. Incredible revenue potential: "3 suites" plus double garage! Open Saturday October 5th 2:30-4pm.

Location Details

Area Canada
State British Columbia
City New Westminster
Postal Code V3M 4R6

Property Metrics

Total Bedrooms 5
Full Baths 3
Stories 3
Floor Area Total (Sq.ft) 3278

Financial Details

List Price 1,699,000
Gross taxes 6,396
Gross Taxes Year 2,023
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Listed by: RE/MAX Select 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
Above Average
0.23 km
Rating 6.5/10
Middle
Fraser River Middle School
Above Average
1.62 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
Our Lady of Mercy School
Above Average
1.04 km
Rating 10/10
Elementary
Our Lady of Mercy School
Above Average
1.04 km
Rating 10/10

Closest Transit

Translink
Eastbound 8th Ave @ 16 St
0.18 km

700-702 Sixteenth Street, New Westminster BC V3M 4R6 is serviced by Lord Tweedsmuir Elementary School. The property with listing MLS® R2930443 is located 0.23 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 700-702 Sixteenth Street, New Westminster BC V3M 4R6 is Our Lady of Mercy School with School's rating Rating 10/10, located 1.04 km from this home.

The closest to this address 700-702 Sixteenth Street, New Westminster BC V3M 4R6 Secondary independent school is Our Lady of Mercy School with School's rating Rating 10/10, located 1.04 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 - 700-702 Sixteenth Street, New Westminster BC V3M 4R6, 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® R2930443 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 700-702 Sixteenth Street, New Westminster BC V3M 4R6 are Average. Property misconduct rating adjacent to MLS® R2930443 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 8th Ave @ 16 St in 0.18 km away from this listing with - MLS® R2930443.

29.8% of people with university certificate/degree live in this neighbourhood adjacent to the 700-702 Sixteenth Street, New Westminster BC V3M 4R6 which is Above Average in comparison with other BC neighbourhoods. 12.1% of population in this neighbourhood that is near the Listing MLS® R2930443 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC is $90112 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2930443 is $37895 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.6% which is Average.

Unemployment rate in the area around Real Estate Listing # R2930443 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 700-702 Sixteenth Street, New Westminster BC V3M 4R6 where population change between 2011 and 2016 was 4.3%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC is 4304.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 700-702 Sixteenth Street, New Westminster BC V3M 4R6 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2930443 is 67.7% and it is Above Average. % of Married or living common law is around 59.1% and it is Average.

Average age of the population close to the 700-702 Sixteenth Street, New Westminster BC V3M 4R6 is 39.5 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC is $1061615 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 700-702 Sixteenth Street, New Westminster BC V3M 4R6. $1653 owners spent in average for the dwelling. Tenants are paying $1164 in this district close to MLS® R2930443 and it is Above Average comparing to other cities.

32.5% of Population in this district near the 700-702 Sixteenth Street, New Westminster BC V3M 4R6 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC is 8.2%, it is Average, % of English speakers only is 89.3% and Average. % of French speakers adjacent to 700-702 Sixteenth Street, New Westminster BC V3M 4R6 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC is 2.5% and it is Above Average comparing to other BC cities.

25.7% of all population in the area around this property with the address 700-702 Sixteenth Street, New Westminster BC V3M 4R6, New Westminster, BC using Public Transport which is High, 67.6% of using population are using Cars around MLS® R2930443, which is Low. 1.8% of people using Bicycles around the 700-702 Sixteenth Street, New Westminster BC V3M 4R6 and it is Above Average. 3.6% 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

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
778-918-5990
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