505 1032 Queens Ave, New Westminster, BC

$574,900 Est. Mortgage /mo

MLS® R3083837 · Queens Terrace

2 Beds
2 Baths
870 sqft
661 $ /sqft
538.72 $ Maint. fee
1995 built
$574,900
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

Welcome to Queens Terrace in New Westminster! Rarely available large spacious 2 bedroom / 2 bathroom in a quiet corner end unit with great open concept floorplan. In-suite laundry, upgrade flooring, surround sound system, also equipped with gas fire place for those cold days. Prime location in Uptown New Westminster - conveniently located only minutes to Skytrain, transit, parks, Douglas College, shopping, banks, restaurants, schools, movie theater and the Quay. Includes 2 parking / 1 storage, 2 pets are welcome with restriction. Amenities includes a gym, bike room, and 2 guest suite ($50/night). NEW ROOF in 2023. Open House - February 22nd (Sunday) - 2pm to 4pm.

General Info

Price $574,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 870
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer, Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3083837
Building Name Queens Terrace
Area New Westminster
Neighbourhood Uptown NW
City New Westminster
Postal Code V3M 6T7
Price per Sqft $661
Gross Taxes $2,609.67
Ownership Type Freehold Strata
Maintenance Fee $538.72
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Natural Gas

Utilities

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

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning RM
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Other, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View -
View Description -
Units In Development 104
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt, Other

Property Timeline

Status Date Price
R3083837 / Active 01-27-2026 $574,900
Rooms
Floor Type Dimensions
Main Level Living Room 12' x 12' ft
Main Level Dining Room 10' x 10' ft
Main Level Kitchen 6'10 x 6'10 ft
Main Level Primary Bedroom 13'6 x 13'6 ft
Main Level Bedroom 10' x 10' ft
Main Level Foyer 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #4
Listed by: RE/MAX All Points 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 & Transit Info

Public Schools

Elementary
École Qayqayt Elementary
Above Average
1.28 km
7.2/10
Middle
Fraser River Middle School
0.36 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
1.21 km
8.9/10
Secondary
Purpose Independent Secondary School
0.7 km

Closest Transit

Bus Stop
Northbound 12 St @ Queens Ave
0.17 km
Skytrain
Skytrain @ New Westminster Stn
0.62 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.7%
No Certificate/Degree
Below Average
8.2%
Owner Occupied
Average
65.2%
Employment Rate
Below Average
41.9%

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 $217
Maintenance fee 0
Financing 80% of the $574,900 asking price over 30 years at 4% results in approximately $2,952/month in total estimated carrying costs, $217 property tax, $539 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%
This listing generates an estimated $2,250/month in rental income, leaving a -$759/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% 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 $574,900
New Westminster Loading...
Uptown NW Loading...
16 comparable Apartment/Condos are currently active in Uptown NW, with a median asking price of $578,347. This property is listed 0.6% below the local average and 3.9% above the New Westminster 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 505 1032 Queens Avenue, New Westminster, BC?
The closest top-rated schools are École Qayqayt Elementary and Fraser River Middle School.
Is 505 1032 Queens Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 505 1032 Queens Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,449.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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