|
Downtown New Westminster Real Estate
Once B.C.’s capital city and still fondly referred to as
the Royal City, New Westminster real estate downtown core continues
speeding along the path to densification. Presale condo towers
now fill the New Westminster skyline and once empty lots now bustle
with ranes and construction equipment.
Yaletown Taste in New West Property written by Susan B. for the
MetroNews. New West house hunters can cross this neighbourhood
off their list. A total of three are currently listed –
two of which appear to stretch the definition of a “starter
home” in New Westminster real etate but have the good grace
to stress their holding/land assembly potential. The third, listed
at $859,000 boasts a Queen Anne style and plenty of charm for
the one lucky New Westminster home buyer who snags it. Townhouses
in New West real estate fair no better with four resales listed
and only limited opportunities as an adjunct to new condo towers.
Plus, be prepared to part, most likely, with more than half a
million if this New Westminster townhouse option appeals to you.
Fuelled in part by the convenience of having two SkyTrain stations
within blocks of each other, here it’s the New West condo
that’s become king. From a renovated walk-up for $140,000
to a spectacular southeast facing upper condominium suite in New
Westminster real estate with three balconies and all the upgrades
for $930,000, in this compact neighbourhood, you’ll have
a choice of more than 200 resale condo units plus a steady stream
of new condo product including Marinus, Inter Urban and Q.
The New Age for New Westminster Property and
Its Revitalization Project
Many New Westminster apartment homes take their cue from the trendy
look of Yaletown real estate, offering loft style floor plans,
industrial brick feature walls, and the requisite hardwood flooring.
And there’s a distinct leaning toward upscale, gourmet kitchens
with names like Fisher & Paykel, Miele and Bosch appearing
with increasing regularity in the New Westminster real estate
market. There’s also plenty of emphasis being placed on
ways to increase the appeal fo this higher density lifestyle –
both from the New West City and the real estate developers themselves.
“There’s definitely a lot happening here,” says
Anthony, sales manager at Inter Urban condo apartments. “New
Westminster has committed to spending $1 million building an amphitheatre
and park in the square beside the Keg, the building across the
street is expected to be converted into some kind of arts centre
soon, and the Quay has finally sold and is about to undergo an
extensive renovation.” He adds three will soon be a new
Safeway and Shoppers Drug Mart to round out the mix of big box
stores in New Westminster real estate downtown. And there’s
the famous New Westminster Quay boardwalk – still an amenity
that attracts people of all ages and backgrounds. “This
is why I bought here,” says one young man who’s taking
a stroll with his mother, young son and an elderly pug. His gesture
takes in the Fraser River, the lush gardens behind, and the sun
drenched park benches. “It just doesn’t get much better
than this – at any price.”
Queensborough New Westminster Real Estate Community
Snapshot
From the 24 Hours newspaper of Vancouver: Rags to Riches. Queensborough
moves upt he ladder as one of the “it” communities.
One of New Westminster’s most historic neighbourhoods, Queensborough
real estate is continuing its transformation from ugly duckling
into belle of the ball. Big box retailers – including the
likes of Liz Claiborne, Aldo, Mexx, BestBuy and Wal-Mart –
have opened their doors. Parks, schools, and recreational facilities
are well frequented and well tended in the Queensborough district
of New West real estate. Queensborough’s housing is clearly
undergoing change. Most of the limited supply of single family
homes at least indicate and often emphasize their real estate
New Westminster potential more than their features. Price wise,
the majority of Queensborough homes in New West fall between $500,000
and $600,000 with many offering at least five bedrooms and frequently
a mortgage helper suite as well. An anomaly at press time is an
almost half acre property with older house to be sold “as
is, where is’ for an asking price of $1.2 million –
begging the question of whether this is merely blind faith in
a modulating New Westminster real estate market in Queensborough
or actually a property development sweetheart in the making. The
multi-family Queensborough New West real estate market here is
slow – a total of only 31 curerntly listed. Townhouses in
Queensborough typically run from $400,000 to $500,000, condominiums
for less than $300,000.
More about Queensborough Property Developments
However, it seems more likely this is a reflection of the fact
most Queensborough property product is relatively new and many
home owners are simply not yet ready to move up rather than an
indication of the depressed real estate New West market. Still
leading the beautification of Queensborough community, though,
is Port Royal, a 50 acre master planned community located directly
on the banks of the Fraser River. One of the Lower Mainland’s
largest waterfront communities – at build-out Port Royal
real estate in New Westminster will have introduced some 1,000
new homes as well as landscaped parklands, a boardwalk, and possible
Aquabus style ferry to the New Westminster Quay, emphasis is on
providing a broad spectrum of Queensborough housing choices including
some much needed, new upscale condominiums. Well appointed single
family, detached houses at the New West Port Royal community in
Queensborough real estate are still available for under $600,000
– a price virtually unheard of for semi-waterfront property.
One bedroom pre-sales Port royal condominiums, often boasting
unobstructed river views start less than $270,000 for a 700 square
foot plus one bedroom, two bedrooms for less than $340,000. And
with pre-construction Queensborough real estate townhomes in the
mid $500,000 range, many home buyers consider the $50,000 spread
between a contemporary brand new home here or a resale away form
the river is money well spent. “Port Royal is brining a
new, very cool concept – fee simple row housing,”
says sales manager Dee Johnson who has been with the real estate
development of Port Royal Queensborough real estate since its
inception. “For people who don’t want to deal with
a strata, this is an option that allows them to still be part
of a master planned community. And this truly is a community –
more so than any I’ve worked in before. People here hang
out together, neigbourhoods are friends and kids get to know each
other as they grow up.” All part of the new face of Queensborough
community in New Westminster. An article by S. Boyce, the most
trusted source in New West and Lower Mainland developments.
|
|