607 500 Royal Ave, New Westminster, BC | MLS^® R3060860 Property Details

Come see this incredible opportunity on the TOP FLOOR at Ledingham McAllister's Dominion. This open plan penthouse has impeccable views of New Westminster City Hall and its surrounding property from your beautiful, private balcony. Enjoy a large kitchen island with quartz countertops, classy kitchen cabinetry with Kohler fixtures, halogen track lighting, and stainless steel appliances. Your home will be easily maintained with the laminate flooring throughout. Achieve peace of mind with a well run Strata and LOW STRATA FEES! The central location on Royal Avenue gets you to the best that New Westminster has to offer in no time! Reach out to schedule your own private viewing today!

General Info

Price $479,999

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 570

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2014

Age Of Building 11

Building Type Apartment/Condo

Property Type Residential

Architecture Style Penthouse

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Sewer

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3060860

Area New Westminster

Neighbourhood Downtown NW

City New Westminster

Gross Taxes $2,221.28

Ownership Type Freehold Strata

Maintenance Fee $285.34

Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Sewer

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access

Total Parking Spaces 1

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

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions 100

Zoning RM-6A

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate

Foundation Concrete Perimeter

Locker 1

View Description -

Units In Development 118

Exterior Features Balcony

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	Kitchen	14'1 x 14'1 ft
Main Level	Bedroom	8'10 x 8'10 ft
Main Level	Living Room	14'1 x 14'1 ft
Main Level	Foyer	2'10 x 2'10 ft

Listed by: Oakwyn Realty Encore

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 607 500 Royal Avenue in Downtown New Westminster, BC!

As we explore this beautiful home, I'd like to share some valuable insights about the community surrounding this property with the listing number MLS ® R3060860. Located in the heart of New Westminster, 607 500 Royal Avenue offers a unique blend of convenience, amenities, and lifestyle.

Education

Let's start with the schools. École Qayqayt Elementary, rated 7.2/10, is just 0.33 km away from this home. Families love this area because of its excellent education system, and Urban Academy, an independent elementary school with a rating of 8.9/10, is nearby, located 0.29 km from this home. This is exactly what many parents are looking for in a community.

Safety

When it comes to safety, the numbers tell a reassuring story. According to Statistics Canada's 2020 report, there were 5,584 violation disturbances in this neighbourhood, with an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. However, I want to emphasize that the crime rate has decreased by 10.42% year-over-year, making this area feel even safer.

Demographics

The demographics of this community are quite interesting. With 37.7% of residents holding a university certificate or degree, this neighbourhood is considered High in terms of education. Additionally, the median household income is $63,502, which is Average compared to the British Columbia average. The median personal income is $40,092, which is Above Average. You'll also notice that 80% of households have a mortgage, indicating a strong and stable economy.

Transit and Amenities

Convenience is key in this community. The closest Bus station is Northbound Fourth St @ Agnes St, just 0.15 km away from this listing with MLS ® R3060860. If you prefer to drive, you're also close to major highways. When it comes to lifestyle amenities, you're surrounded by parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. This home truly offers the best of both worlds.

Real Estate Context

As we explore the real estate context, you'll notice that the average dwelling value in this neighbourhood is $345,210, which is Average compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,396 per month. Tenants, on the other hand, pay an average of $1,201 per month, also Above Average. With 37.7% of the population renting, this is a great opportunity for investors or those looking for a hassle-free lifestyle.

Language and Transportation

In terms of language, 8.3% of the population speaks both English and French, which is Average. However, 88.8% of the population speaks only English, which is Below Average. You'll also notice that 47.3% of the population uses Public Transport, which is High, while 45.8% use Cars, which is Low. 1% of people use Bicycles, and 5.1% walk, both of which are Average.

In Conclusion

As we conclude our tour of 607 500 Royal Avenue in Downtown New Westminster, BC, I hope you've gained a deeper understanding of this amazing community. With its excellent schools, safety, demographics, transit options, lifestyle amenities, and real estate context, this home offers an unparalleled lifestyle. If you're looking for a place to call home, I highly recommend exploring this property with the listing number MLS ® R3060860. Contact me today to schedule a viewing!