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  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC
  • 217 Royal Avenue, New Westminster, BC

8,872 ft²
Multifamily
$4,990,000
Sale


Grace Real Estate Team
Grace Real Estate Team
Nu Stream Realty Inc.

Grace Real Estate Team is pleased to present an opportunity to purchase a FREE STANDING income generating property 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. Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL–HIGH RISE), potential for high density residential development in future. 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... WalkScore: 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 now to inquire! Lot Size: 8872.55sf OCP: RH Highrise Residential Zoning: RM2 Storey: 4 Units: 19 1-bedroom units include 2 penthouse suites All measurement is approximate, buyer to verify if important.


The Space
Asking Price$4,990,000
Available Space8,872 ft²
NegotiableYes
Floor4
Property UseMulti family
MLS® IDC8052084
SourceDirect

The Building
Property TypeMultifamily
Floors4
Lot Size8,872 ft²
MLS® IDC8052084
Inquire
Grace Real Estate Team
Grace Real Estate Team
Nu Stream Realty Inc.
Contact
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