$478,000

507 500 ROYAL AVENUE

New Westminster BC V3L 0G5 - Downtown NW
1 ba
585 sqft
Built 2014

About This Property

Well kept and updated , gorgeous spacious studio with flex of enclosure sliding door in Ledingham McAllister's Dominion. Open floor plan with kitchen island,fabulous white shaker style kitchen cabinetry with Kohler fixtures, Halogen track lighting, high-end stainless steel appliances,quartz countertops,porcelain tiling in the bathroom, and laminate flooring…

Features

Elevator
Storage
Underground
Guest
Lane Access
Rear Access
Shopping Nearby
Room measurements5 rooms
Flex RoomMain · 7'2 × 9'
Living RoomMain · 9'11 × 13'2
KitchenMain · 9'1 × 11'1
Dining RoomMain · 7'5 × 8'5
PatioMain · 8'10 × 9'4

Property Details

MLS NumberR3080387
Property TypeApartment/Condo
Bathrooms1
Square Feet585
Year Built2014
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$285.46/mo
Days on Market224
StatusActive
Listed ByRoyal Regal Realty Ltd.

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
$79,000Median household income
47.2%Owner-occupied
0.2%Single-detached homes
1.8Avg household size
36.4Median age
52%Bachelor's degree or higher (25-64)
40.8%Commute under 30 min
57.2%Drive to work
36.8%Foreign-born residents
3,759Neighbourhood population

Age

Under 15: 8.1%15 to 64: 82.3%65 and over: 9.6%
  • Under 158.1%
  • 15 to 6482.3%
  • 65 and over9.6%

Household size

  • 1 person46.2%
  • 239%
  • 39.9%
  • 44%
  • 5 or more0.9%

Language spoken at home

53.6% English mother tongue

  • English + other5.2%
  • Mandarin4.4%
  • Portuguese4.4%
  • Spanish3.9%
  • Tagalog3.1%
  • Korean3.1%
  • All others22.3%

Mother tongue, share of 3,720 residents.

How this pocket differs

  • notably fewer seniors 65+ than New Westminster 9.6% vs 16.1%
  • notably fewer children under 15 than New Westminster 8.1% vs 12.6%
  • notably fewer 5+ person households than New Westminster 0.9% vs 5.3%
  • notably fewer 4-person households than New Westminster 4% vs 10%
  • more people living alone than New Westminster 46.4% vs 36.8%
  • notably more Portuguese speakers than New Westminster 4.4% vs 1.7%
  • 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 $2,691
Mortgage payment$2,176
Strata fee$285
Property tax$185
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 24

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