$330,000

508 320 ROYAL AVENUE

New Westminster BC V3L 5C6 - Downtown NW
1 bd
1 ba
507 sqft
Built 1975

About This Property

Bright and Surprisingly spacious 1-bed home with a stellar south-facing view. Smartly laid out and beautifully maintained, this 507 sqft suite offers a clean feel with great natural light throughout. Enjoy a generous balcony for sunny mornings and summer evenings. The concrete building has undergone major updates-elevators, boilers, exterior paint, deck…

Features

Elevator
Storage
Tennis Court(s)
Balcony
Underground
Rear Access
Concrete
Room measurements3 rooms
Living RoomMain · 11'9 × 12'6
KitchenMain · 6' × 10'10
BedroomMain · 9'4 × 10'10

Property Details

MLS NumberR3127425
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet507
Year Built1975
Parking Spaces1
HeatingBaseboard
Strata Fee$327.56/mo
Days on Market89
StatusActive
Listed ByStonehaus Realty Corp.

School Catchment

Elementary Ecole Qayqayt
Middle Fraser River Middle
Secondary New Westminster Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$500,000Median home value
$69,500Median household income
35.4%Owner-occupied
0.6%Single-detached homes
1.8Avg household size
36.4Median age
41.9%Bachelor's degree or higher (25-64)
47.5%Commute under 30 min
61%Drive to work
35.3%Foreign-born residents
3,275Neighbourhood population

Age

Under 15: 9.6%15 to 64: 80.7%65 and over: 9.6%
  • Under 159.6%
  • 15 to 6480.7%
  • 65 and over9.6%

Household size

  • 1 person44.9%
  • 238.2%
  • 310.1%
  • 45.1%
  • 5 or more1.7%

Language spoken at home

59.2% English mother tongue

  • English + other5.4%
  • Tagalog3.6%
  • Portuguese3.6%
  • Spanish3%
  • Mandarin2.8%
  • Korean2.2%
  • All others20.2%

Mother tongue, share of 3,220 residents.

How this pocket differs

  • notably fewer seniors 65+ than New Westminster 9.6% vs 16.1%
  • fewer children under 15 than New Westminster 9.6% vs 12.6%
  • notably fewer 5+ person households than New Westminster 1.7% vs 5.3%
  • notably fewer 4-person households than New Westminster 5.1% vs 10%
  • more people living alone than New Westminster 44.9% vs 36.8%
  • notably more Portuguese speakers than New Westminster 3.6% vs 1.7%
  • Median household income is lower than Metro Vancouver $69,500 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $500,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Downtown NW?

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Monthly Cost Calculator

Estimated monthly cost $2,013
Mortgage payment$1,506
Strata fee$328
Property tax$134
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 19

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