501 500 Royal Ave, New Westminster BC - Apartment/Condo for Sale - MLS# R3069809

$500,000
Est. Mortgage $2,212/mo
1 Beds
1 Baths
590 sqft
847 $ /sqft
290.75 $ Maint. fee
2014 built
8.3% price reduction
$500,000
$545,000
Est. $2,212/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

Photos

Property Details for 501 500 Royal Avenue

8.3% price reduction

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.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description River-Southeast
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $500,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 590
Year Built 2014
Age Of Building 12
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
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
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
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 Suites None

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3069809
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0G5
Gross Taxes $2,269.26
Zoning RM-6A

Property Timeline

Status Date Price
R3069809 / Active 11-24-2025 $500,000
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. & 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.

Map & Neighbourhood

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 501 500 Royal Avenue

Mortgage Calculator for 501 500 Royal Avenue

/month
Principal & Interest
Property Taxes $189
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($100,000), the estimated monthly payment for this listing is $2,390/month — $1,910 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,060/month, this property runs a $388/month shortfall after mortgage and carrying costs. Break-even requires approximately 37% 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 $500,000
New Westminster Loading...
Downtown NW Loading...

Based on 12 comparable active apartments/condos in Downtown NW, the average asking price is $459,150. This listing is priced 8.9% above the neighbourhood average. This property is flagged as a Hot Deal (8.3% price reduction) based on its competitive pricing and market demand.

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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