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Macdonald Realty
2105 West 38th Avenue
Vancouver, British Columbia
V6M 1R8
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217 Royal Avenue New Westminster, British Columbia V3L 1H4
11347 sqft
$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:55027)
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
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December 10 2024 04:55:04
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