307 320 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3125562

$429,000
Est. Mortgage $1,898/mo
The Peppertree
2 Beds
1 Baths
957 sqft
448 $ /sqft
633.78 $ Maint. fee
1975 built
$429,000
Est. $1,898/mo with 20% down
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

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Property Details for 307 320 Royal Avenue

Welcome to Peppertree at 320 Royal Ave in the heart of New Westminster. This bright 2-bedroom, 1-bathroom end unit features a sunny south-east exposure with beautiful views of the Fraser River and city skyline. Thoughtfully updated with a brand new kitchen and appliances (2026), the home offers clean modern finishes, excellent functionality, and a comfortable open feel throughout. Enjoy added value with maintenance fees that include heat and hot water. The well-maintained building offers shared laundry and an unbeatable walkable location. Just minutes to SkyTrain, Douglas College, and Queen's Park, with cafés, shops, restaurants, and everyday conveniences all nearby. An excellent opportunity for first-time buyers, young families, or investors looking for comfort.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 0
Heating Type Baseboard, Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description River and city
Structures Multi Family, Residential Attached

Building Details

Price $429,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 957
Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name The Peppertree
Ownership Type Freehold Strata
Maintenance Fee $633.78
Amenities Nearby Bike Room, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Lot & Land

MLS® # R3125562
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 5C6
Gross Taxes $2,360.92
Zoning RM4

Property Timeline

Status Date Price
R3125562 / Active 05-16-2026 $429,000
R3098900 / Terminated 03-09-2026 $429,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'10 x 11'10 ft
Main Level Dining Room 6'10 x 6'10 ft
Main Level Kitchen 8'2 x 8'2 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Bedroom 10' x 10' ft
Main Level Foyer 4'2 x 4'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage Sterling 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.

Map & Neighbourhood

Public Schools

Elementary
École Qayqayt Elementary
0.16 km
Middle
Fraser River Middle School
0.77 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Urban Academy
0.14 km
Elementary, Secondary
Urban Academy
0.14 km

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.14 km
Skytrain
Skytrain @ Columbia Stn
0.29 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
28.2%
No Certificate/Degree
Below Average
9.8%
Owner Occupied
Above Average
80%
Employment Rate
Below Average
39.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Market Performance

Real Estate Stats for June 2026 in New Westminster

REBGV Report city Level
Apartment Benchmark

$642K

Sales (Mo.)

47

Active Inventory

434

Market Climate Buyer's Market
Buyer's (< 12%) Balanced (12-20%) Seller's (> 20%)

Sales-to-Active Ratio: 10.8%

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 307 320 Royal Avenue

Mortgage Calculator for 307 320 Royal Avenue

/month
Principal & Interest
Property Taxes $197
Maintenance fee 633.78
Financing 80% of the $429,000 asking price over 30 years at 4% results in approximately $2,469/month in total estimated carrying costs, $197 property tax, $634 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $1,767/month in rental income, leaving a -$752/month cashflow at current carrying costs. Investors targeting break-even would need roughly 57% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown NW, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $429,000
New Westminster Loading...
Downtown NW Loading...

Based on 9 comparable active apartments/condos in Downtown NW, the average asking price is $452,633. This listing is priced 5.2% below the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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