217 Royal Avenue New Westminster, British Columbia V3L 1H4
$4,990,000
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:58554)
Property Details
| MLS® Number | C8052084 |
| Property Type | Multi-family |
| FarmType | Other |
| Features | Lane |
Building
| Amenities | Balconies |
| ConstructedDate | 1961 |
| SizeInterior | 11347 Sqft |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| SizeIrregular | 8872 |
| SizeTotal | 8872 Sqft |
| SizeTotalText | 8872 Sqft |
| ZoningDescription | Rm2 |
Utilities
| Cable | Available |
| Electricity | Available |
https://www.realtor.ca/real-estate/25686772/217-royal-avenue-new-westminster
Interested?
Contact us for more information
Grace Yun Li
PREC*, Grace Real Estate Team
#100 - 4555 Kingsway
Burnaby, British Columbia V5H 4T8
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November 04 2024 08:56:46
Real Estate Board Of Greater Vancouver
Nu Stream Realty Inc.
