Townhouse
$709,000
4 838 ROYAL AVENUE
New Westminster35 days on market
MLS® R3161390
1 / 27
2 bed · 1 bath · 664 sq ft · 1 parking
Condo · Single Family · built 2024 · 119 days on market
Listed by Kaylee Li, Royal Pacific Realty (Kingsway) Ltd.
Realtor's description
The bright JR 2 Bed +1 Bath unit with 664 Sqt with wonderful water, mountain and city views in the heart of Downtown New West. This open concept and functional home offers a U-Shape Kitchen overlooking your living and dining areas, integrated Bosch appliances, gas cook top, polished quartz counter-tops, and massive walk-in closet for the Primary bedroom! Enjoy City, mountain and River views of from your Living room and private balcony. Amenities include an outdoor garden space, fitness center, workspace & meeting room, lounge, community garden, pet wash station, guest suite, & more! Minutes away from Douglas College, New West and Columbia 2 Skytrain Stations. Explore trendy cafes, shops, top schools, court, NW Police deportment, picturesque Westminster Quay - all within walking distance!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 664 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,407 / yr
- Strata fee
- $525 / mo ($0.79 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 119
- MLS®
- R3135027
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$3,291/mo
Mortgage $2,565 · Tax $201 · Strata $525
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
- −$1,363/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,565 · tax $201 · strata $525 · 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 Ecole Qayqayt Elementaryhomes in this catchment
600 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Fraser River Middlehomes in this catchment
500 m away · 800 Queens Ave, New Westminster · 604-517-1800
- Secondary New Westminster Secondaryhomes in this catchment
2.1 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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