501 500 ROYAL AVENUE
New Westminster, BC V3L0G5
$500,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $291/mo
- Annual property tax
- $2,269.26 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Visitor Parking
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3069809
- Listed
- November 25, 2025
- Time on market
- On the market for 280 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.
Description
Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister. (id:63159)
Values & Trends
This listing
$847/sqft
Building average
$789/sqft
3 active listing(s)
New Westminster average
$671/sqft
376 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — New Westminster
Monthly figures from the Fraser Valley Real Estate Board for New Westminster apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$582,400
Jul 2026
Average Sale Price
$573,877
Jul 2026
Monthly Sales
61
Jul 2026
Active Listings
387
Jul 2026
Sales-to-Active Ratio
16.0%
Jul 2026
Median Days to Contract
35 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
78,916
(2021 Census)
+11.2% since 2016
Density: 5,052.2/km²
Dwellings: 37,737
Median household income: $82,000
After-tax: $72,500
Immigrant population: 37.5%
Top countries of origin (% of total population)
- Philippines6.4% · 5,050
- India4% · 3,135
- China3.6% · 2,880
- United Kingdom1.6% · 1,285
- Hong Kong1.6% · 1,250
- Korea, South1.4% · 1,085
- United States of America1% · 785
- Taiwan0.9% · 725
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
59
8/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| PALS Autism Society (School Program)(Independent) | K-12 | 283 m |
| Purpose Independent Secondary School(Independent) | Secondary | 369 m |
| Ecole Qayqayt Elementary | Elementary | 372 m |
| Al-Hidayah School(Independent) | Elementary | 400 m |
| Fraser River Middle | Middle | 599 m |
| Royal City Alternate Program | Secondary | 654 m |
| Power Alternate Secondary School | Secondary | 990 m |
| John Knox Christian - Secondary Campus(Independent) | K-12 | 1.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Northbound 4th St @ Agnes St | — | 153 m |
| Southbound 4th St @ Agnes St | — | 160 m |
| Northbound 6th St @ Royal Ave | — | 160 m |
| Southbound 6th St @ Agnes St | — | 176 m |
| Southbound 6th St @ Royal Ave | — | 177 m |
Nearby Places
Restaurants (5+)
- Royal Tandoori · 83 Sixth Street161 m
- Pizza Heaven · 81 Sixth Street163 m
- Bubble World Restaurant191 m
- Patsara · 528 Carnarvon Street244 m
- Pizzeria Ludica · 601 Carnarvon Street254 m
Cafes (5+)
- Cocoaro · Victoria Street206 m
- Coasters Coffee · Sixth Street227 m
- Chatime · 51 Sixth Street234 m
- Afterhours Cafe · 42 Sixth Street293 m
- The Hide Out Cafe · 716 Carnarvon Street407 m
Grocery (5+)
- Gastronomia Italia · 601 Columbia Street355 m
- Mahtot East Africa Market · 218 Sixth Street388 m
- Persian Baanou Supermarket · 222 Sixth Street397 m
- Safeway · 800 Carnarvon Street618 m
- Fruiticana · 331 Sixth Street634 m
Parks (5+)
- Tipperary Park208 m
- Saint Mary's Park407 m
- Westminster Pier Park434 m
- Toronto Place Park472 m
- Albert Crescent Park599 m
Shopping (2)
- Shops at New West667 m
- River Market · 810 Quayside Drive715 m
Gyms (5+)
- EZfit · 606 Victoria Street237 m
- Fit on 6th · 49 Sixth Street260 m
- Sea2Sky Wellness Club · 428 Columbia Street349 m
- Sugarrays365 m
- Vive la Vida383 m
Pharmacies (3)
- Guardian · 424 Columbia Street349 m
- Shoppers Drug Mart · 811 Columbia Street660 m
- Imperial Pharmacy · 981 Carnarvon Street737 m
Banks & ATMs (5+)
- Bitcoin ATM Localcoin · 411 Columbia Street310 m
- Manulife ATM311 m
- Bitcoin ATM Coinsite · 663 Columbia Street419 m
- Waves - Columbia - Bitcoin Well ATM · 715 Columbia Street487 m
- Scotiabank517 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
Other Listings in This Building
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.