1038 Seventh Ave, New Westminster, BC, MLS® R3055280

$1,449,000
Est. Mortgage /mo

$1,449,000
$999,000
Est. Mortgage /mo
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
4 Beds
3 Baths
2 Stories
lot 6312 sqft
1935 sqft
1945 built
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Map
Street view
Schools
Crime
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1038 Seventh Ave, New Westminster, BC | MLS® R3055280 Property Details

LOCATION, LOCATION,LOCATION! Prime 52.6' x 120' lot in popular Moody Park neighborhood of New Westminster. Offering a charming 4 BED, 3 BATH bungalow with 1936 sq ft of living space. 1 bedroom suite down with separate entrance is tenanted. This house has potential to be renovated and brought back up to its former glory with two separate units or tear down and build your dream house. House has good bones and some updates over the years. NEW ROOF, Newer S/S appliance, H/W tank replaced 2018, refinished Oak floors in main living area, Fir floors in bedrooms, GAS fire place and more. Steps away from Lord Kelvin Elementary, New West Secondary, Moody Park, Royal City Mall and tones of restaurants, shops and transit. Very walkable with a 81 walk score. Call now to book your private viewing!

General Info

Price $1,449,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1935
Lot Size 6312
Lot Size Depth Feet
Lot Size Frontage 0
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1945
Age Of Building 80
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3055280
Area New Westminster
Neighbourhood Moody Park
City New Westminster
Gross Taxes $6,887.7
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Garage Single, RV Access/Parking, Side Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Crest 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 Info

Public Schools

Elementary
Lord Kelvin Elementary School
Average
0.12 km
5.2/10
Middle
Fraser River Middle School
1.13 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
0.71 km
Secondary
Vancouver International College
0.71 km

Closest Transit

Bus Stop
Northbound 12 St @ 7th Ave
0.16 km
Skytrain
Skytrain @ New Westminster Stn
1.60 km

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

Welcome to 1038 Seventh Avenue, a Charming New Westminster Home

As we step into the vibrant neighborhood of New Westminster, we're surrounded by the warmth and character of 1038 Seventh Avenue. This beautiful home, listed as MLS® R3055280, is a hidden gem waiting to be discovered.

Education - A Strong Foundation

The property is serviced by Lord Kelvin Elementary School, a highly-rated institution with a 5.2/10 rating. Located just 0.12 km from the school, this home offers the perfect environment for families. For those seeking alternative educational options, Our Lady of Mercy School, a highly-rated independent elementary school, is just 0.71 km away. For secondary education, Vancouver International College, a reputable independent secondary school, is also located within a 0.71 km radius.

Safety - A Peace of Mind

The latest crime data from Statistics Canada (2020) indicates that the neighborhood surrounding 1038 Seventh Avenue, New Westminster, BC has an average crime rate of 6,761.11, which is in line with other Canadian cities. When it comes to specific crime types, the area has seen a decrease in overall crime rates by 10.42% year-over-year. Drug-related crimes, in particular, have a below-average rating of 134.4, with 111 reported incidents in 2020. Property crimes are also at an average rate, with 3,145 reported incidents in 2020.

Community - A Vibrant Lifestyle

This charming neighborhood is located near the Northbound 12 St @ 7th Ave bus station, a convenient 0.16 km away from the home. The area is also home to a diverse population, with 26.1% of residents holding a university certificate or degree, which is above average in BC. The median household income is $48,474, which is lower compared to the British Columbia average. However, the area has a low unemployment rate of 5.3%, making it an attractive option for families and professionals alike.

Demographics - A Thriving Community

This community has experienced above-average growth between 2011 and 2016, with a population change of 2.7%. The area has a high population density of 7,617.7 people per square kilometer, which is higher compared to other areas in the region. The average family size is 2.7, which is below average in the region. However, 56.1% of families in the area have children, which is average.

Real Estate - A Sound Investment

The average value of dwellings in this neighborhood is $755,478, which is higher compared to other areas in British Columbia. The average owner payments are above average, with homeowners spending an average of $1,505 per month. Tenants in the area are paying an average of $983 per month, which is average compared to other cities. With 70.5% of the population renting, this area offers a mix of affordability and investment opportunities.

Transportation - Convenient and Accessible

The area surrounding 1038 Seventh Avenue, New Westminster, BC offers a range of transportation options. 33.7% of the population uses public transport, which is higher compared to other areas. 59.7% of residents use cars, which is lower compared to other cities. The area also has a moderate number of cyclists and pedestrians.

Experience the Best of New Westminster at 1038 Seventh Avenue

As we explore the charming neighborhood of New Westminster, we're reminded of the importance of community, safety, and convenience. 1038 Seventh Avenue, listed as MLS® R3055280, offers the perfect blend of these elements, making it an attractive option for families and professionals alike.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,449,000
New Westminster $1,491,667
Moody Park No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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