Condo
$380,000
104 620 SEVENTH AVENUE
New Westminster7 days on market
1 bd2 ba1,128 sq ft
MLS® R31709441 / 20
$370,000
404 320 ROYAL AVENUE
New Westminster · MLS® R3146693
1 bed · 1 bath · 664 sq ft · 1 parking
Condo · Single Family · built 1975 · 84 days on market
Listed by Michael Sheldrake, RE/MAX All Points Realty
Realtor's description
Move-in ready & low-maintenance -the way homeownership should start. Heat & hot water are INCLUDED in the strata fee (your winter self says thanks) plus there's a working garbage chute. This comfortable 1 bed gives you room to spread out, with tons of storage plus updated flooring, kitchen cabinets, backsplash, & counters. The well-run CONCRETE building already tackled the expensive stuff: parkade membrane, boilers, elevators, exterior concrete repairs & paint, power transformers & common areas. 400m walk to SkyTrain. Close to: Pier Park, Douglas College, groceries, pubs, comedy, coffee, & everything downtown New West has going on. Includes 1 secure parking, 1 locker, bike room, game room, live in caretaker & your cat or dog is welcome!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 664 sq ft
- Parking
- 1
- Year built
- 1975
- Property tax
- $1,880 / yr
- Strata fee
- $444 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 84
- MLS®
- R3146693
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$2,213/mo
Mortgage $1,612 · Tax $157 · Strata $444
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
- $1,645/mo
- After all costs
- −$735/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $1,612 · tax $157 · strata $444 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
200 m away · 85 Merivale St, New Westminster · 604-517-6050
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.5 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.0 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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