501 - 500 Royal Avenue, New Westminster, V3L 0G5 — photo 1

$500,000

501 - 500 Royal Avenue, New Westminster, V3L 0G5
Active
1 Bedrooms 1 Bathrooms 590 sqft Built 2014 Residential

About This Property

Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister.

NoneViewStorage Locker

Property Details

MLS #

R3069809

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

RM-6A

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

590 sqft

Main Floor

590 sqft

Lot Dimensions

0 x

Frontage

0

Year Built

2014

Age

12 years

Roof

Other

Construction

Frame Wood, Mixed (Exterior), Wood Siding

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground, Guest, Garage Door Opener

Original Price

$545,000

Strata Fee

$290.75/mo

Taxes

$2,269.26/yr

Listed

2025-11-24

MLS Area

Downtown NW

City

New Westminster

Postal Code

V3L 0G5

Features & Finishes

Heating

Baseboard · Electric

Flooring

Laminate

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Interior Features

Elevator · Storage

Exterior Features

Balcony

Building & Community

Pets

Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allowed

View

River-Southeast

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Caretaker · Trash · Maintenance Grounds · Gas · Hot Water · Management · Snow Removal · Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.206385, -122.909098 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market30% above market — check if justified
Days on market161 days — significantly stale, strong negotiation position
Price historyPrice dropped 8% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$465,871

6.8% below asking price

Negotiation Range

$453,371$473,371

$20,000 spread

$453,371$500,000 ask

Based on 11 recent sales, a starting offer around $465,871 (6.8% below ask) is reasonable. Your negotiation range is $453,371 – $473,371.

What's factored in

Market baseline11 recent New Westminster sales closed at median 95% of list price
Price already reducedSeller dropped from 8% off original ask — indicates motivation
Extended market time161 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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