217 ROYAL AVENUE Active

New Westminster,BC V3L1H4

$ 4990000

- Bed

- Bath

11347 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,347 sqft

Price per Sqft $439

MLS Listing ID C8052084

Originating Board Greater Vancouver REALTORS®

Year Built 1961

Lot Size 8,872 Sqft

Acres 8872.0

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:24570)

Location

Province BC

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Private Pool No

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