701 31 ELLIOT STREET
New Westminster, BC V3L5C9
$569,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $749/mo
- Annual property tax
- $2,308.56 (2025)
Interior
- Heating
- Baseboard heaters, Hot Water
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- View
- View
- Lot features
- Elevator
Building
- Parcel ID (PID)
- 001-286-846
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground
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®
- R3155498
- Listed
- August 13, 2026
- Time on market
- On the market for 18 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.
Description
Welcome to Royal Albert Towers. This roomy 990sqft 2 bedroom, 2 full bathroom CORNER unit offers southwest VIEWS OF THE FRASER RIVER and city. Thoughtful updates throughout; all hard surface floors (no carpet), granite counter tops, stainless steel appliances, new fridge & light fixtures and fresh paint just to name a few. Plus plenty of closet space and IN SUITE LAUNDRY. 1 full height storage locker and parking for 2 cars in double wide parking stall included. 2 cats allowed, sorry. no dogs Monthly Strata fee of $641.31 covers; heat, hot water & city utility bill(water/sewer). The building has done many upgrades; enter phone 2022, parking membrane 2021, fencing 2021, windows 2016, balconies 2016, exterior painting 2016, repiping 2012, roof 2002. (id:63159)
Values & Trends
This listing
$575/sqft
Building average
$477/sqft
1 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
48
7/9 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 |
|---|---|---|
| Ecole Qayqayt Elementary | Elementary | 227 m |
| PALS Autism Society (School Program)(Independent) | K-12 | 402 m |
| Purpose Independent Secondary School(Independent) | Secondary | 513 m |
| Al-Hidayah School(Independent) | Elementary | 619 m |
| Fraser River Middle | Middle | 1.1 km |
| Royal City Alternate Program | Secondary | 1.2 km |
| Herbert Spencer Elementary | Elementary | 1.4 km |
| Power Alternate Secondary School | Secondary | 1.5 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 |
|---|---|---|
| Westbound Columbia St @ 200 Block | — | 106 m |
| Eastbound Agnes St @ Elliot St | — | 147 m |
| Eastbound Columbia St @ 200 Block | — | 157 m |
| Westbound Agnes St @ Elliot St | — | 168 m |
| Southbound 1st St @ Agnes St | — | 220 m |
Nearby Places
Restaurants (5+)
- Stefano's · 315 Columbia Street258 m
- Taverna Greka · 326 Columbia Street287 m
- Patsara · 528 Carnarvon Street545 m
- Sushi Yen · 41 Sixth Street598 m
- Pizza Heaven · 81 Sixth Street621 m
Cafes (5+)
- Cocoaro · Victoria Street595 m
- Chatime · 51 Sixth Street598 m
- Coasters Coffee · Sixth Street600 m
- Afterhours Cafe · 42 Sixth Street628 m
- Moodswing · 655 Front Street737 m
Grocery (1)
- Gastronomia Italia · 601 Columbia Street631 m
Parks (5+)
- Albert Crescent Park94 m
- Saint Mary's Park193 m
- Tipperary Park482 m
- Westminster Pier Park518 m
- Sullivan Park799 m
Gyms (5+)
- Sugarrays447 m
- Sea2Sky Wellness Club · 428 Columbia Street461 m
- Fit on 6th · 49 Sixth Street597 m
- EZfit · 606 Victoria Street633 m
- Vive la Vida697 m
Pharmacies (1)
- Guardian · 424 Columbia Street445 m
Banks & ATMs (4)
- Bitcoin ATM Localcoin · 411 Columbia Street409 m
- Manulife ATM444 m
- Bitcoin ATM Localcoin · 15 East Royal Avenue718 m
- Bitcoin ATM Coinsite · 663 Columbia Street742 m
Nearby places data: © OpenStreetMap contributors.
School district: New Westminster (SD40)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.6% ($31,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
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.