Property Type: Condo / ApartmentOwnership: Strata

501 740 HAMILTON STREET

New Westminster, BC V3M5T7

$479,888

2 bed2 bath1 parking912 sqftBuilt 1974
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$662/mo
Annual property tax
$2,190.73 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3127229
Listed
May 24, 2026
Time on market
On the market for 99 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Welcome to this bright and spacious Uptown home! This 2-bedroom, 1.5-bath northwest corner unit offers a southwest exposure , filling the space with natural light. Enjoy an open balcony with beautiful city views, warm laminate flooring throughout, and a refreshed galley-style kitchen. Both bedrooms are generously sized, with the primary featuring a convenient 2-piece ensuite. Enjoy the strata's well-maintaned landscaped gardens and clubhouse, or step across the street to Moody Park. A convenient location just steps to bus stops, Lord Kelvin Elementary, New Westminster Secondary, Walmart, Save-On-Foods, restaurants, recreation, and Royal City Centre Shopping. Everything is within walking distance! Includes 1 parking stall and 1 storage locker. (id:63159)

Values & Trends

This listing

$526/sqft

Building average

$612/sqft

1 active listing(s)

New Westminster average

$672/sqft

376 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

$671,100
$561,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

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

67

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

SchoolTypeDistance
Lord Kelvin ElementaryElementary394 m
New Westminster SecondarySecondary462 m
SigmaSecondary476 m
Twelfth Avenue ElementaryElementary740 m
Our Lady of Mercy(Independent)Elementary762 m
St. Thomas More Collegiate(Independent)Secondary896 m
Herbert Spencer ElementaryElementary1.0 km
Royal City Alternate ProgramSecondary1.2 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

StopTypeDistance
Northbound 8th St @ 7th Ave55 m
Southbound 8th St @ 8th Ave92 m
Eastbound 8th Ave @ 8th St136 m
Southbound 8th St @ 7th Ave142 m
Westbound 8th Ave @ New Westminster Secondary164 m

Nearby Places

Restaurants (5+)

  • Ho Fung · 724 Sixth Street295 m
  • Hi Dozo Sushi · 702 Sixth Avenue322 m
  • Kinton Ramen330 m
  • Jokim Kitchen · 628 Sixth Avenue347 m
  • IHOP350 m

Cafes (5+)

  • Connections Café160 m
  • Starbucks223 m
  • Tim Hortons · 780 Sixth Street274 m
  • Gourmet Cup279 m
  • Anny's · 722 Sixth Street295 m

Grocery (2)

  • Save-On-Foods238 m
  • Gospa's Delightful Food · 718 Twelfth Street671 m

Parks (2)

  • Moody Park188 m
  • Mary Avenue Park761 m

Shopping (4)

  • Walmart226 m
  • Royal City Centre · 610 Sixth Street260 m
  • Winners265 m
  • Westminster Centre · 555 Sixth Street525 m

Gyms (5+)

  • Anytime Fitness241 m
  • The Dancing Cat Yoga Centre290 m
  • Club Pilates · 678 Sixth Street320 m
  • Sunset Pilates · 635 Sixth Street343 m
  • Planet Fitness535 m

Pharmacies (5+)

  • Shoppers Drug Mart298 m
  • Belmont Pharmacy · 609 Belmont Street433 m
  • Uptown Drugs Peoples Pharmacy472 m
  • Pharmasave · 625 Fifth Avenue486 m
  • London Drugs · 555 Sixth Street490 m

Banks & ATMs (5+)

  • Prospera Credit Union · 700 Sixth Street288 m
  • G&F Financial298 m
  • RBC Royal Bank · 626 Sixth Avenue342 m
  • BMO347 m
  • CIBC · 554 Sixth Street406 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Other Listings in This Building

Other units currently listed in the same building. 501 740 HAMILTON STREET

View building profile →
Built 1974

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,994) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,910.00
Periodic payment — Principal & Interest (monthly)$2,476.86
Additional monthly expenses (strata, tax, utilities, etc.)$890.71
Total monthly cost$3,367.57
Interest paid over 5-yr term$110,029.71
Balance at end of term$345,328.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,994
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.66

Cash Needed at Closing

Minimum down payment$23,994
Estimated BC PTT$7,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,092

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.

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