$424,000
6.3% price reduction
503 320 Royal Ave, New Westminster, BC
$397,500
Est. Mortgage /mo
MLS® R3060044 · The Peppertree
1
Beds
1
Baths
618
sqft
643
$
/sqft
414.82
$
Maint. fee
1975
built
Property Details & Specs
6.3% price reduction
This remarkable location! Walkability score of 89, only 1/2 block to École Qayqayt Elementary; 2 1/2 blocks to Columbia Sky Train; Columbia Street, Anvil Centre, Pier Park; across Royal Ave to Tipperary Park, historic Queens Park neighbourhood, New West Tennis courts and clubhouse. Recent improvements to this concrete high rise include exterior concrete work and painting, new energy efficient boilers for heat and hot water, elevator modernization, new building power transformers; all add to a good investment. Both pets and rentals allowed with restrictions.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18' x 18' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Dining Room | 7' x 7' ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Macdonald Realty Westmar
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
- 0.16 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
- Above Average
- 0.14 km
- Elementary, Secondary
- Urban Academy
- Above Average
- 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$154
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $2,087/month in total housing costs on this $397,500 property — $1,518 mortgage payment, $154 property tax, $415 maintenance fee.
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%
Based on $1,637/month estimated rent and $2,133/month in total housing costs, this property has a -$496/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$397,500
New Westminster
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Downtown NW
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Among 8 similar active listings in Downtown NW, the average price is $383,098. At $397,500, this listing is priced 3.8% above the local average and 2% above the city-wide benchmark. This property is flagged as a Hot Deal (6.3% 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 Price Comparision
This house
$1,400,000
Surrey
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 503 320 Royal Avenue, New Westminster, BC?
The closest top-rated schools are École Qayqayt Elementary and Fraser River Middle School.
Is 503 320 Royal Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 503 320 Royal Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,385.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
