Townhouse
$709,000
4 838 ROYAL AVENUE
New Westminster35 days on market
MLS® R3161390
1 / 27
2 bed · 2 bath · 922 sq ft · 1 parking
Condo · Single Family · built 2024 · 129 days on market
Listed by Art Seroff, Oracle Realty Ltd.
Realtor's description
Welcome to one of the newest and the most luxurious buildings in New Westminster - 618 Carnarvon! This stunning west facing home features spacious open layout with top quality materials and contemporary designs, high-end cabinets with full-size integrated Bosch Appliances, central Air-Conditioning & heating and over-height ceilings. Panoramic view of the city skyline and water from every window. Amenities include 30,000sqft outdoor garden spaces on multiple levels, fitness center lounge, workspace, concierge, guest suite, pet wash station and car share on site. Experience the best that downtown New Westminster has to offer, minutes from two Skytrain stations, Pier Park, Quay, tons of restaurants, recreation facilities etc. 1 Parking and 1 storage. Tenanted for $2,900 until Jan 31, 2027.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 922 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $3,395 / yr
- Strata fee
- $741 / mo ($0.80 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 129
- MLS®
- R3130104
Features
- Central location
- Elevator
- Pets Allowed
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$3,877/mo
Mortgage $2,853 · Tax $283 · Strata $741
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
- −$1,948/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $2,853 · tax $283 · strata $741 · 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
600 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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