OPEN HOUSE 16.7% price reduction, 32.48% cheaper than comparables

607 500 Royal Ave, New Westminster, BC

$399,999 Est. Mortgage /mo

MLS® R3077548 · Dominion

1 Beds
1 Baths
570 sqft
702 $ /sqft
285.34 $ Maint. fee
2014 built
$399,999
$479,999
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

16.7% price reduction 32.48% cheaper than comparables

Come see this incredible opportunity on the TOP FLOOR at Ledingham McAllister's Dominion. This open plan Junior One-Bed Penthouse has impeccable views of New Westminster City Hall and its surrounding property from your beautiful, private balcony. Enjoy a large kitchen island with quartz countertops, classy kitchen cabinetry with Kohler fixtures, halogen track lighting, and stainless steel appliances. Your home will be easily maintained with the laminate flooring throughout. Achieve peace of mind with a well run Strata and LOW STRATA FEES! The central location on Royal Avenue gets you to the best that New Westminster has to offer in no time! Come view at either of this weekend's OPEN HOUSE'S from 2-4pm on Saturday, March 7th OR 12-2pm on Sunday, March 8th!!

Open houses

07 Mar, 2026 (02:00 PM to 04:00 PM)

08 Mar, 2026 (11:00 AM to 01:00 PM)

General Info

Price $399,999
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 570
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2014
Age Of Building 12
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3077548
Building Name Dominion
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Postal Code V3L 0G5
Price per Sqft $702
Gross Taxes $2,221.28
Ownership Type Freehold Strata
Maintenance Fee $285.34
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RM-6A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Locker 1
View Description -
Units In Development 118
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Torch-On

Property Timeline

Status Date Price
R3077548 / Active 01-08-2026 $399,999
Rooms
Floor Type Dimensions
Main Level Kitchen 14'1 x 14'1 ft
Main Level Bedroom 8'10 x 8'10 ft
Main Level Living Room 14'1 x 14'1 ft
Main Level Foyer 2'10 x 2'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: Oakwyn Realty Encore

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 $185
Maintenance fee 0
Financing 80% of the $399,999 asking price over 30 years at 4% results in approximately $1,998/month in total estimated carrying costs, $185 property tax, $285 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 $1,647/month in rental income, leaving a -$397/month cashflow at current carrying costs. Investors targeting break-even would need roughly 41% 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 $399,999
New Westminster Loading...
Downtown NW Loading...
11 comparable Apartment/Condos are currently active in Downtown NW, with a median asking price of $515,025. This property is listed 22.3% below the local average and 22.5% below the New Westminster average. This property is flagged as a Hot Deal (16.7% price reduction, 32.48% cheaper than comparables) 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

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 607 500 Royal Avenue, New Westminster, BC?
The closest top-rated schools are École Qayqayt Elementary and Fraser River Middle School.
Is 607 500 Royal Avenue, New Westminster, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 607 500 Royal Avenue, New Westminster, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,400.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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