502 320 Royal Ave, New Westminster, BC, MLS® R3059856

$499,999
Est. Mortgage /mo

OPEN HOUSE

$499,999
$525,000
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
2 Beds
1 Baths
1 Stories
$ 615.52 Maint. Fee
917 sqft
1975 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

502 320 Royal Ave, New Westminster, BC | MLS® R3059856 Property Details

Cozy, bright south-facing 2 bed/1 bath corner unit in a well-maintained concrete high-rise with stunning river and city views. Updated kitchen and bath plus stainless steel appliances. Includes large locker, underground parking, and heat included. Building is cared for by a proactive strata. Building upgrades include security, elevator, electrical vault, refinished tennis court and court yard, boilers, new deck membrane, new exterior paint. Pets allowed. Just a 5-minute walk to SkyTrain, Queen’s Park, riverside trails, schools, and shopping—an ideal location for convenience and lifestyle. $2500 new furniture credit until November 30, 2025. https://youtu.be/9La7qjFwgPs?si=CMeCuL05gffe_BIN Open House Sunday, November 30 from 2-4pm

Open houses

30 Nov, 2025 (02:00 PM to 04:00 PM)

General Info

Price $499,999
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 917
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
Building Amenities Bike Room, Trash, Maintenance Grounds, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3059856
Area New Westminster
Neighbourhood Downtown NW
City New Westminster
Gross Taxes $2,448.2
Ownership Type Freehold Strata
Maintenance Fee $615.52
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Management

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Underground, Guest
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning RM4
Rental Suites None
Laundry In Unit, Common Area
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description 180 degree south DT & RIVER
Units In Development 112
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
Show more

Listed by: Stonehaus Realty Corp.

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 502 320 Royal Avenue, a vibrant community in the heart of New Westminster, BC!

As we walk through this charming neighborhood, you'll notice the proximity to excellent schools, making it an ideal choice for families. Let's start with the educational institutions.

Education

Just down the road, you'll find École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating. The property at 502 320 Royal Avenue is conveniently located just 0.14 km away from the school, making it an ideal choice for families. If you're looking for an independent school option, Urban Academy is just a short 0.13 km away, with a rating of 8.9/10.

Crime

According to the latest data from Statistics Canada (2020), the neighborhood surrounding 502 320 Royal Avenue, New Westminster, BC (MLS® R3059856) has an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. This means you can enjoy a sense of peace of mind while living in this community.

Breaking down the crime statistics, we see that property crimes are Average, with a rating of 3,807.97. This is a testament to the community's commitment to maintaining a safe and secure environment. Additionally, the violent crime rate is Average, with 1,143 incidents reported in 2020.

Demographics

This vibrant community boasts a diverse population, with 28.2% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 9.8% of the population has no certificate or degree, which is Low compared to the average in BC.

Economy & Transportation

The median household income in this area is $53,867, which is Below Average compared to the British Columbia average. However, the median personal income is $36,445, which is Average. The unemployment rate is 4.7%, which is Low compared to other provinces.

In terms of transportation, the neighborhood is well-connected, with the Northbound Fourth St @ Agnes St bus station just 0.14 km away from the property at 502 320 Royal Avenue (MLS® R3059856). As a result, commuting to work or school is convenient and hassle-free.

Lifestyle Amenities

This community offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With a thriving downtown area, you'll find everything you need within walking distance.

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 Average, with homeowners spending $1,270 per month. Tenants, on the other hand, pay an average of $980 per month.

Conclusion

502 320 Royal Avenue is a fantastic choice for families, professionals, and anyone looking for a vibrant community in the heart of New Westminster, BC. With excellent schools, a safe and secure environment, and a wide range of lifestyle amenities, this property is sure to impress. Contact me today to schedule a viewing and make this amazing home yours!

MLS® R3059856

502 320 Royal Avenue, New Westminster, BC

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 $499,999
New Westminster $487,904
Downtown NW $467,033
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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