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$649,000

605 500 ROYAL AVENUE

New Westminster · MLS® R3145706

2 bed · 2 bath · 850 sq ft · 1 parking

Condo · Single Family · built 2014 · 85 days on market

Listed by Sevin Atilla, Oakwyn Realty Ltd.

Welcome to this bright and spacious penthouse home in the heart of New Westminster! Featuring soaring ceilings and a thoughtfully designed floor plan, this home offers comfort and functionality in a highly convenient location. The layout features bedrooms on opposite sides of the living area, ideal for families, roommates, or a home office. The open concept kitchen flows seamlessly into the dining and living spaces, creating the perfect setting for entertaining. Enjoy your private patio, ideal for summer BBQs and relaxing outdoors, plus the convenience of in-suite laundry. Just steps to SkyTrain, transit, shops, restaurants, parks, and schools, this is an excellent opportunity to own in one of New Westminster's most walkable neighbourhoods.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 850 sq ft
Parking: 1
Year built: 2014
Property tax: $2,924 / yr
Strata fee: $418 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 85
MLS®: R3145706

Above typical for the area (+19%)

2026 assessment: $639,000 · asking is +1.6%
Price per sq ft: $764 vs $642 median for condos in New Westminster for sale (342)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

On market 85 days

Listed now: 48 days; median for 342 condos for sale; this one 85 days

Condos in New Westminster. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,489/mo

Mortgage $2,828 · Tax $244 · Strata $418

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,828/ monthly

loan $519,200

25-year amortization

down payment20% · $129,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,089
property transfer tax: $10,980; BC general rate
cash to close: $140,780; down + PTT
total paid: $848,289

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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