Property Type: TownhouseOwnership: Strata

7 123 SEVENTH STREET

New Westminster, BC V3M6Y2

$525,000

2 bed1 bath1 parking865 sqftBuilt 1999
Get Directions

Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$484/mo
Annual property tax
$2,596.58 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1

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®
R3107228
Listed
April 7, 2026
Time on market
On the market for 147 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Would you like your home to balance convenience with tranquility? Welcome to your charming retreat at Royal City Terrace! Tucked away from the street, this home offers privacy and peace, surrounded by mature trees that provide shade in the summer and keep city noise at bay. With shops, transit, and parks all within walking distance, everything you need is right at your doorstep. Step inside to discover nine-foot ceilings that create a bright and open living space with lots of updates including a remodelled bathroom, new laminate flooring and paint as well as new plumbing throughout. The kitchen is perfect for cooking with friends or family, turning meal prep into a delightful experience. You´ll also find plenty of storage, with a generous linen closet and a convenient in suite storage/utility room. On cool winter nights, curl up by the cozy gas fireplace, and when the sun is shining, start your day with breakfast and coffee on the expansive patio-perfect for growing a colourful array of summer flowers! (id:63159)

Values & Trends

This listing

$607/sqft

Building average

$609/sqft

2 active listing(s)

New Westminster average

$616/sqft

56 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.

Townhouse Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$872,900

Jul 2026

Average Sale Price

$928,613

Jul 2026

Monthly Sales

8

Jul 2026

Active Listings

64

Jul 2026

Sales-to-Active Ratio

13.0%

Jul 2026

Median Days to Contract

21 days

Jul 2026

MLS® HPI Benchmark Price

$958,100
$785,200
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

52

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
Fraser River MiddleMiddle359 m
Royal City Alternate ProgramSecondary405 m
PALS Autism Society (School Program)(Independent)K-12481 m
Al-Hidayah School(Independent)Elementary519 m
Purpose Independent Secondary School(Independent)Secondary539 m
Ecole Qayqayt ElementaryElementary615 m
Power Alternate Secondary SchoolSecondary796 m
John Knox Christian - Secondary Campus(Independent)K-12971 m

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
Southbound 6th St @ Queens Ave78 m
Southbound 6th St @ Royal Ave88 m
Northbound 6th St @ Royal Ave103 m
Northbound 6th St @ Queens Ave143 m
Southbound 6th St @ Agnes St225 m

Nearby Places

Restaurants (5+)

  • Bubble World Restaurant227 m
  • Royal Tandoori · 83 Sixth Street232 m
  • Pizza Heaven · 81 Sixth Street238 m
  • The Old Bavaria Haus · 233 Sixth Street288 m
  • Pizzeria Ludica · 601 Carnarvon Street335 m

Cafes (5+)

  • Upper Cafeteria305 m
  • Lower Cafeteria306 m
  • Cocoaro · Victoria Street315 m
  • Common Grounds · 609 Third Avenue329 m
  • Coasters Coffee · Sixth Street332 m

Grocery (5+)

  • Mahtot East Africa Market · 218 Sixth Street213 m
  • Persian Baanou Supermarket · 222 Sixth Street223 m
  • Gastronomia Italia · 601 Columbia Street457 m
  • Fruiticana · 331 Sixth Street483 m
  • Safeway · 800 Carnarvon Street538 m

Parks (5+)

  • Toronto Place Park260 m
  • Tipperary Park378 m
  • Simcoe Park407 m
  • Westminster Pier Park608 m
  • Saint Mary's Park652 m

Shopping (2)

  • Shops at New West566 m
  • River Market · 810 Quayside Drive671 m

Gyms (5+)

  • Chris Johnson Fitness Centre289 m
  • EZfit · 606 Victoria Street311 m
  • Fit on 6th · 49 Sixth Street371 m
  • Ava Fitness · 735 Carnarvon Street388 m
  • Strong Side Conditioning · 739 Carnarvon Street404 m

Pharmacies (5+)

  • Guardian · 424 Columbia Street548 m
  • Shoppers Drug Mart · 811 Columbia Street583 m
  • Imperial Pharmacy · 981 Carnarvon Street597 m
  • Pharmasave673 m
  • Pharmasave · 625 Fifth Avenue782 m

Banks & ATMs (5+)

  • Bitcoin ATM Coinsite · 663 Columbia Street458 m
  • HoneyBadger Bitcoin ATM478 m
  • Waves - Columbia - Bitcoin Well ATM · 715 Columbia Street479 m
  • Manulife ATM512 m
  • Scotiabank520 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$743.00
Total monthly cost$3,452.70
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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.

Request more information