217 ROYAL AVENUE, New Westminster, British Columbia, CA

Address: 217 ROYAL AVENUE, New Westminster, British Columbia

0 Beds0 Baths11347 sqftStatus: Buy
Price $4,490,000

Property Overview


DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with potential HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity. 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 & quiet living atmosphere, hardwood floor, newer high efficiency Boiler, newer Water Tank, Re-Roofing 6 years ago, newer Double Glazed Windows and paint... Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL'HIGH RISE), potential for high density residential redevelopment. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College. Walk Score: 80/Very Walkable. Great opportunity for developers & investors. Showing only by appointment! Do not walk through property, do not bother occupants! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Square Footage
11347 sqft
Land Size
8872 sqft
Built in
1961
Building
Building Features
Features
Lane
Square Footage
11347 sqft
Building Amenities
Balconies
Utilities
Utility Type
Cable(Available),Electricity(Available)
Land
Lot Features
Fencing
Fenced yard
Other Property Information
Zoning Description
RM2
Features
           Lane            Balconies
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Your Home Finance Calculation

Property Price CA $4,490,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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