$ 4,990,000
217 ROYAL AVENUE New Westminster, BC V3L1H4
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 4,990,000
Est. payment /mo
Price Dropped by $1.0M
217 ROYAL AVENUE New Westminster, BC V3L1H4
11,347 SqFt
UPDATED:
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
Listed by Nu Stream Realty Inc.