50 - 123 Seventh Street, New Westminster, V3M 6Y2 — photo 1

$538,000

50 - 123 Seventh Street, New Westminster, V3M 6Y2
Active
2 Bedrooms 2 Bathrooms 1,026 sqft Built 1999 Residential

About This Property

Welcome to Royal City Terrace, a well-managed townhouse community in New Westminster’s Brow of the Hill neighborhood. This bright 2-bedroom, 2-bathroom home offers 1,026 sq. ft. over two levels. Built in 1999, it features electric baseboard heating, a durable stucco and wood exterior, and asphalt shingle roofing. Includes one common property parking stall (#30); no storage locker. Close to parks, schools, shopping, and transit, this is a great fit for first-time buyers, downsizers, or investors seeking a low-maintenance home in a central location. Keys at ReMax All Points. Mon. to Fri. 9 to 5. // Sat. & Sun. 10 to 4. Tks Luke

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Property Details

MLS #

R3046279

Status

Active

Type

Residential

Sub-type

Townhouse

Ownership

Freehold Strata

Zoning

RM2

Bedrooms

2

Full Baths

2

Half Baths

0

Kitchens

1

Fireplaces

1

Living Area

1,026 sqft

Main Floor

523 sqft

Above Main

503 sqft

Stories

3

Year Built

1999

Age

27 years

Roof

Asphalt

Construction

Frame Wood, Stucco, Wood Siding

Structure

Residential Attached

Parking Stalls

1

Parking Type

Garage Under Building, Front Access, Concrete

Original Price

$674,800

Strata Fee

$552.62/mo

Taxes

$3,028.62/yr

Listed

2025-09-09

MLS Area

Uptown NW

City

New Westminster

Postal Code

V3M 6Y2

Subdivision

Royal City Terrace

Features & Finishes

Heating

Baseboard · Electric

Laundry

In Unit

Fireplace

Electric

Exterior Features

Balcony

Building & Community

Total Units

110

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Strata Mgmt Co.

Davin Management Ltd.

Strata Mgmt Phone

604-944-4477

View

City / River

Lot Features

Central Location, Private, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Community

Gated

Building Amenities

Maintenance Grounds · Management · Snow Removal

Disclosures

Property Disclosure

No

Fixtures Removed

Foreclosure

Fixtures Rented / Leased

Foreclosure

Coordinates: 49.205956, -122.913429 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market19% below market $/sqft
Days on market238 days — significantly stale, strong negotiation position
Price historyPrice dropped 20% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$501,019

6.9% below asking price

Negotiation Range

$487,569$509,089

$21,520 spread

$487,569$538,000 ask

Based on 11 recent sales, a starting offer around $501,019 (6.9% below ask) is reasonable. Your negotiation range is $487,569 – $509,089.

What's factored in

Market baseline11 recent New Westminster sales closed at median 95% of list price
Price already reducedSeller dropped from 20% off original ask — indicates motivation
Extended market time238 days listed — well above market avg of 163 days, increased negotiation leverage

Based on 11 residential sales in New Westminster (last 60 days) · Updated May 4

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