727 Fourth Avenue, New Westminster, British Columbia

Property for Sale in New Westminster

727 Fourth Avenue, New Westminster, BC

  • CA$1,750,000
  • 8 BEDS
  • 10 BATHS
  • 4,000 sq.ft. Space
  • CA$1,750,000

Property for Sale in New Westminster

727 Fourth Avenue, New Westminster, BC

  • CA$1,750,000
  • 8 BEDS
  • 10 BATHS
  • 4,000 sq.ft. Space
  • CA$1,750,000

Key Facts

  • MLS® #: R3080584
  • Property ID: SIRC3059522
  • Property Type: Residential, Other
  • Interior Area: 4,000 sq.ft.
  • Lot Size: 8,154 sq.ft.
  • Year Built: 1944
  • Bedrooms: 8
  • Bathrooms: 10
  • Listed By:
  • Macdonald Commercial Real Estate Services Ltd.

Property Description

8,154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.

Rooms

  • TypeLevelDimensionsFlooring
  • BedroomMain10' x 10'Other
  • BedroomMain10' x 10'Other
  • BedroomMain10' x 10'Other
  • BedroomMain10' x 10'Other
  • BedroomAbove10' x 10'Other
  • BedroomAbove10' x 10'Other
  • BedroomAbove10' x 10'Other
  • BedroomAbove10' x 10'Other

Listing Agents

Macdonald Commercial Real Estate Services Ltd.

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Location

727 Fourth Avenue, New Westminster, British Columbia, V3L 2W4 Canada

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