507 500 Royal Ave, New Westminster, BC | MLS^® R2977335 Property Details

5.8% price reduction

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 throughout. The large outdoor covered sundeck extended living space with Hardy plank exterior is perfect for BBQ and rainy weather. Convenient location with higher walk score and transit score: across from City Hall, parks and within walking distance to Douglas College ,Columbia Sky Train station, new riverside pier park and playground, shopping, bus, schools.

General Info

Price $488,000

Total Bedrooms 0

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 585

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2014

Age Of Building 11

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R2977335

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,124.5

Ownership Type Freehold Strata

Maintenance Fee $285.34

Community Features Shopping Nearby

Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Lane Access, Rear Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning RM-6A

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description -

Units In Development 118

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt, Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Flex Room	9' x 9' ft
Main Level	Living Room	13'2 x 13'2 ft
Main Level	Kitchen	11'1 x 11'1 ft
Main Level	Dining Room	8'5 x 8'5 ft
Main Level	Patio	9'4 x 9'4 ft

Listed by: Royal Regal Realty Ltd.

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

0.33 km

7.2/10

Middle

Fraser River Middle School

0.61 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

0.29 km

Elementary, Secondary

Urban Academy

0.29 km

Closest Transit

Bus Stop

Northbound Fourth St @ Agnes St

0.15 km

Skytrain

Skytrain @ Columbia Stn

0.28 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 507 500 Royal Avenue in the heart of New Westminster, BC, where MLS Listing R2977335 awaits. As we walk through this charming neighborhood, I'm excited to share with you the features and amenities that make this community so unique.

Education

First, let's talk about the schools. Just down the road, you'll find École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating. It's just a 0.33 km walk from our MLS Listing R2977335, making it an ideal choice for families. If you're looking for an independent school option, Urban Academy is just a 0.29 km stroll away, with an impressive 8.9/10 rating.

Safety

When it comes to safety, I'm happy to report that the crime rate near MLS Listing R2977335 is Average, according to Statistics Canada's 2020 report. With a total of 5,584 reported incidents in the neighborhood, you can rest assured that this community is well-maintained. The overall crime rate of 6,761.11 is Average compared to other Canadian cities. Plus, the year-by-year change in the total crime rate is a positive -10.42%, indicating a safe and secure environment.

Lifestyle

Now, let's talk about the lifestyle amenities that make 507 500 Royal Avenue so desirable. You'll find a Bus station just 0.15 km away, the Northbound Fourth St @ Agnes St stop, making it easy to get around without a car. Plus, with a median household income of $63,502, this neighborhood is a great choice for professionals and families alike.

Demographics

The demographics of this community are also worth noting. With 37.7% of residents holding a university certificate or degree, this neighborhood is a hub of education and learning. Additionally, the median personal income of $40,092 is Above Average compared to other BC cities, indicating a strong and stable economy.

Real Estate

In terms of real estate, the average value of dwellings in this neighborhood is $345,210, which is Average compared to other areas in British Columbia. With 80% of households owning their homes, this community is a great choice for those looking to invest in real estate.

Transportation

When it comes to transportation, you'll find that 47.3% of residents use public transport, making it easy to get around without a car. Plus, with a low unemployment rate of 5.4%, this community is a great choice for those looking for job opportunities.

Community

Finally, let's talk about the community itself. With a population density of 9,970.8 people per square kilometer, this neighborhood is bustling with activity. The average age of the population is 39.4, which is Below Average compared to other BC cities, indicating a youthful and vibrant community.

In conclusion, 507 500 Royal Avenue, MLS Listing R2977335, is a fantastic choice for those looking for a safe, secure, and desirable community. With its highly-rated schools, Average crime rate, and strong economy, this neighborhood has something for everyone. So why wait? Come and experience it for yourself.

Address: 507 500 Royal Avenue, New Westminster, BC

MLS Listing R2977335