217 Royal Avenue New Westminster, British Columbia V3L 1H4
$5,990,000
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:46227)
Property Details
| MLS® Number | C8052084 |
| Property Type | Multi-family |
| Farm Type | Other |
| Features | Lane |
Building
| Amenities | Balconies |
| Constructed Date | 1961 |
| Size Interior | 11347 Sqft |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Size Irregular | 8872 |
| Size Total | 8872 Sqft |
| Size Total Text | 8872 Sqft |
| Zoning Description | Rm2 |
Utilities
| Cable | Available |
| Electricity | Available |
https://www.realtor.ca/real-estate/25686772/217-royal-avenue-new-westminster
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 05 2024 01:53:49
Real Estate Board Of Greater Vancouver
Nu Stream Realty Inc.