Address
217 ROYAL AVENUE, New Westminster, BC
Price
$ 6,999,000
Property Attributes
  • ID#C8052084
  • TypeMulti-Family
  • CityNew Westminster
  • Postal CodeV3L 1H4
  • Style
  • Price$ 6,999,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11347
  • Lot Size8,872 SqFt
Data Source:
Canadian Real Estate Association (CREA)
Property Description

DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity in future. This 4-Storey multi-family building located in vibrant Queens Park with stunning Panoramic River Views from south exposure. There are 19 1-bedroom units include 2 penthouse suites with free parking in back yard, well maintained for a cozy and quiet living atmosphere, hardwood floor, 7 years' old boiler. Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL'HIGH RISE), potential for high density residential development. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College, you name it. Walk Score: 80/Very Walkable. School catchment: Qayqayt Elementary and New Westminster Secondary. Great opportunity for developers & investors. Do not walk through property, do not bother occupants! Call to inquire. (id:7434)

General Features

Features Lane
Property Type Multi-family
FarmType Other
Zoning Description RM2
Building Amenities Balconies

Interior Features

Building Fireplace Present False

Exterior Features

Fence Type Fenced yard

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V3L 1H4

Price
AVG $7M
$7M
Visits
AVG 571
570
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1961