$479,900
16.7% price reduction
505 740 Hamilton St, New Westminster, BC
$399,900
Est. Mortgage /mo
MLS® R3047196 · The Statesman
2
Beds
1
Baths
856
sqft
467
$
/sqft
621.53
$
Maint. fee
1974
built
Property Details & Specs
16.7% price reduction
Spacious two bedroom corner unit at "The Statesman", a solid building on a very large site in UPTOWN New Westminster. Located directly across the street from Moody Park and just a short walk to the best shopping and dining, this home also provides immediate access to transit and vehicle routes direct to downtown Vancouver. There is plenty of natural light in the suite, a large living room and dining room, lovely wood kitchen and bathroom cabinets as well as an in-suite storage area and an enclosed balcony. Comes with secure parking and in-suite and external storage. Available for quick possession.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11' x 11' ft |
| Main Level | Dining Room | 8' x 8' ft |
| Main Level | Kitchen | 7' x 7' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Foyer | 8'6 x 8'6 ft |
| Main Level | Storage | 4' x 4' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Sutton Centre 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
- Lord Kelvin Elementary School
- Average
- 0.43 km
- Middle
- Fraser River Middle School
- 1.16 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Our Lady of Mercy School
- Above Average
- 0.77 km
- Secondary
- Vancouver International College
- 0.34 km
Closest Transit
- Bus Stop
- Northbound 8th St @ 7th Ave
- 0.05 km
- Skytrain
- Skytrain @ New Westminster Stn
- 1.64 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Average
- 27%
- No Certificate/Degree
- Average
- 14.9%
- Owner Occupied
- Below Average
- 48.1%
- Employment Rate
- Below Average
- 48%
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
$173
Maintenance fee
0
A 20% down payment of $79,980 on this $399,900 listing yields an estimated mortgage of $1,527/month (30-year fixed, 4%). Total estimated housing cost: $2,322/month, $173 property tax, $622 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%
With $1,647/month in estimated rental income against $2,368/month in mortgage payments, the monthly cashflow is -$721/month. A 58% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$399,900
New Westminster
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Uptown NW
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This $399,900 listing sits 13.9% below the Uptown NW average of $464,548 for similar 2-bedroom Apartment/Condos (15 active comparables). This property is flagged as a Hot Deal (16.7% 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 505 740 Hamilton Street, New Westminster, BC?
The closest top-rated schools are Lord Kelvin Elementary School and Fraser River Middle School.
Is 505 740 Hamilton Street, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 505 740 Hamilton Street, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,399.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
