501 500 Royal Ave, New Westminster, BC

$545,000 Est. Mortgage /mo

MLS® R3069809

1 Beds
1 Baths
590 sqft
924 $ /sqft
290.75 $ Maint. fee
2014 built
$545,000
Est. /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

Property Details & Specs

Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister.

General Info

Price $545,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 590
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3069809
Building Name -
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0G5
Price per Sqft $924
Gross Taxes $2,269.26
Ownership Type Freehold Strata
Maintenance Fee $290.75
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RM-6A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description River-Southeast
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Other

Property Timeline

Status Date Price
R3069809 / Active 11-24-2025 $545,000
Rooms
Floor Type Dimensions
Main Level Bedroom 11' x 11' ft
Main Level Living Room 13'5' x 13'5' ft
Main Level Kitchen 11'7' x 11'7' ft
Main Level Foyer 6'5' x 6'5' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Listed by: Nu Stream Realty Inc.

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 & Transit Info

Public Schools

Elementary
École Qayqayt Elementary
Above Average
0.33 km
7.2/10
Middle
Fraser River Middle School
0.61 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
Above Average
0.28 km
8.9/10
Elementary, Secondary
Urban Academy
Above Average
0.28 km
8.9/10

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.15 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
Above Average
37.7%
No Certificate/Degree
Below Average
5.8%
Owner Occupied
Above Average
80%
Employment Rate
Below Average
36.5%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $189
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($109,000), the estimated monthly payment for this listing is $2,562/month — $2,082 principal & interest, $189 property tax, $291 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,133/month, this property runs a $483/month shortfall after mortgage and carrying costs. Break-even requires approximately 39% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $545,000
New Westminster Loading...
Downtown NW Loading...
Based on 11 comparable active Apartment/Condos in Downtown NW, the average asking price is $515,025. This listing is priced 5.8% above 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 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

Property FAQs

What are the closest top-rated schools to 501 500 Royal Avenue, New Westminster, BC?
The closest top-rated schools are École Qayqayt Elementary and Fraser River Middle School.
Is 501 500 Royal Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 501 500 Royal Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,270.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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