Townhouse
$709,000
4 838 Royal Avenue
New Westminster37 days on market
MLS® R3161390
1 / 20
2 bed · 2 bath · 953 sq ft · 1 parking
Condo · Single Family · built 1989 · 52 days on market
Listed by Ashley Le, Oakwyn Realty Ltd.
Realtor's description
Garden Oasis in Fraserview Park! This beautifully maintained 953 sqft ground lvl home offers 2 spacious BRs, 2 full baths, plus a versatile storage room that can be converted into a home office/den. Enjoy seamless indoor-outdoor living with french doors opening to a 93 sqft private patio overlooking an expansive serene garden. Features include updated laminate flooring, oak kitchen cabinets, quartz countertops, in-suite laundry, gas fireplace (included in the strata fee), storage locker, and parking. Tucked away on a quiet cul-de-sac, just steps to Glenbrook Ravine, Queen's Park, shops, cafés, and the new Aquatic & Community Centre. Well-managed building with newer roof, gym, guest suite & new building membrane project underway, adding long-term value. Schedule your private showing!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 953 sq ft
- Parking
- 1
- Year built
- 1989
- Property tax
- $2,378 / yr
- Strata fee
- $702 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 52
- MLS®
- R3157379
Features
- Central location
- Cul-de-sac
- Treed
- Pets Allowed
Monthly cost
$3,514/mo
Mortgage $2,614 · Tax $198 · Strata $702
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,134/mo
- After all costs
- −$1,586/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,614 · tax $198 · strata $702 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in New Westminster (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
New WestminsterGoogle Maps ↗
Schools
Catchment schools, New Westminster School District 40
- Elementary Skwo:wech Elementaryhomes in this catchment
900 m away · 331 Richmond St, New Westminster · 604-517-6090
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.1 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.4 km away · 820 6th St, New Westminster · 604-517-6122
From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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