- Active
#510 – 500 Royal Avenue
Downtown NW, New Westminster · Apartment/Condo
- Beds
- 2
- Baths
- 2
- Sqft
- 805
- Built
- 2014
Listed by Macdonald Realty · MLS® R3062219
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About this home
Developed by Ledingham McAllister and is centrally located in the heart of the Royal City. This ft. with 2 bedrooms and 2 bathrooms offers an expensive open-concept kitchen and living room, and 805 sq. spacious deck where you can entertain in style. Master bedroom with walk-in closet and ensuite bathroom. Laminate flooring in the living/dining/kitchen and are pet friendly, with restrictions. Close to Skytrain, New Westminster Quay with local stores, restaurants, coffee shops. Nearby Shopping (Royal City Centre 6 mins away), Parks, and Entertainment (Landmark Cinemas 5 min drive/12min walk). Dominion is in the best location New Westminster has to offer! School catchment; K-5 Ecole Qayqayt Elementary, 6-8 Fraser River Middle, 9-12 New Westminster Secondary, Douglas College New West Campus.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 805 sq ft
- Year built
- 2014
- Pets · restrictions
- Dogs & Cats
- Storey
- 1
- Parking
- 1
- Property type
- Apartment/Condo
- Basement
- None
- Garage
- Yes
- Carport
- No
- Area
- New Westminster
- Sub-area
- Downtown NW
- Structure
- Multi Family
Highlights
- Balcony
- In-suite laundry
- Caretaker
- Hot water incl.
Features and inclusions
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Heating
- Baseboard, Electric
- Parking
- Underground
- Interior features
- Elevator, Storage
- Laundry
- In Unit
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,308
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,658
Purchase snapshot
- List price
- $698,000
- Down payment
- $139,600 (20%)
- Estimated mortgage
- $558,400
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,346
- At 4.7931 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,360 a month
- Gross yield
- 2.3%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Space and layout
Room sizes and building details need a free account
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 52%
Who lives here
Documents
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