405 320 Royal Ave, New Westminster, BC, MLS® R3062736

$423,000
Est. Mortgage /mo

$423,000
$424,000
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
1 Beds
1 Baths
1 Stories
$ 420 Maint. Fee
702 sqft
1975 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

405 320 Royal Ave, New Westminster, BC | MLS® R3062736 Property Details

Largest 1-bed, 1-bath unit available in building, offering a updated bright & spacious layout. Recently refreshed with new paint, crown mouldings, laminate flooring, tiled patio, brand new stove, and lighting, this home is move-in ready with a touch of modern style. The Peppertree is a solid, well-cared-for concrete building featuring secured underground parking, storage locker, bike room, and games room. Recent building upgrades include modernized elevators, a new roof, refreshed hallways, updated boilers for hot water & heat, exterior paint, and a remodeled laundry room — providing peace of mind for years to come. Perfectly located just steps from Queens Park, SkyTrain, Douglas College,& shopping this home offers the ultimate blend of comfort and convenience.

General Info

Price $423,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 702
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1975
Age Of Building 50
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3062736
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Gross Taxes $1,906.64
Ownership Type Freehold Strata
Maintenance Fee $420
Community Features Shopping Nearby
Amenities Nearby Bike Room, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal
Fixtures Included 1

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Underground, Open, Guest, Front Access, Lane Access, Concrete, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Zoning MF
Rental Suites None
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Block, Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY
Units In Development 112
Exterior Features Tennis Court(s), Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by:

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
École Qayqayt Elementary
Above Average
0.14 km
7.2/10
Middle
Fraser River Middle School
0.79 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
0.13 km
Elementary, Secondary
Urban Academy
0.13 km

Closest Transit

Bus Stop
Northbound Fourth St @ Agnes St
0.14 km
Skytrain
Skytrain @ Columbia Stn
0.29 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 405 320 Royal Avenue, a charming home in the heart of New Westminster, BC

As we explore this beautiful community, I'm excited to share with you the exciting features that make this neighborhood so special.

Schools:

Just down the road from 405 320 Royal Avenue, you'll find École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating. For families, this school is a convenient 0.14 km away, providing a safe and supportive learning environment. If you're looking for alternative options, Urban Academy, an independent school with an impressive 8.9/10 rating, is also just 0.13 km away.

Safety and Crime Rates:

According to Statistics Canada's 2020 report, the overall crime rate in this neighborhood is 6,761.11, which is Average compared to other Canadian cities. The crime rate has seen a -10.42% year-over-year decrease, providing a sense of peace of mind for residents. When it comes to property crimes, the rate is Average, with 3,807.97 incidents in 2020. Meanwhile, the violent crime rate is Average, with 1,383.94 incidents in 2020.

Demographics:

The community surrounding 405 320 Royal Avenue is predominantly family-oriented, with 39.1% of families having children. The average family size is 2.3, which is Lower compared to the region. The neighborhood is also relatively young, with an average age of 41.2 years old, which is Average compared to other BC cities.

Lifestyle Amenities:

Just a short walk from the property, you'll find the Northbound Fourth St @ Agnes St bus station, making it easy to get around the city. The neighborhood is also home to a variety of shopping centers, restaurants, and coffee shops, making it an ideal location for those who value convenience and lifestyle.

Real Estate Context:

The average value of dwellings in this neighborhood is $308,910, which is Average compared to other areas in British Columbia. The average owner payments are $1,270, while tenants pay an average of $980 per month. With 58.4% of the population renting, this neighborhood offers a mix of affordability and accessibility.

Transit and Transportation:

The community is well-connected, with 44.1% of residents using public transportation, 46.9% using cars, and 8.4% walking. This makes it easy to get around without a car, reducing stress and promoting a healthier lifestyle.

Investment Opportunity:

With a high population growth rate of 14.2% between 2011 and 2016, this neighborhood is an attractive investment opportunity. The average household income is $53,867, which is Below Average compared to the BC average. However, the unemployment rate is 4.7%, which is Low compared to other province neighborhoods.

MLS® R3062736:

As you can see, 405 320 Royal Avenue, New Westminster, BC (MLS® R3062736) offers a unique blend of safety, convenience, and lifestyle amenities. Whether you're a family, a professional, or an investor, this property presents an exciting opportunity to experience the best of New Westminster.

Let's Discuss:

I'd love to answer any questions you may have about this property and the surrounding community. Contact me today to schedule a viewing and discover why 405 320 Royal Avenue is the perfect fit for you.

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 $423,000
New Westminster $414,889
Downtown NW $433,633
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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