217 Royal Avenue New Westminster, British Columbia V3L 1H4
$6,999,000
DEVELOPER & INVESTOR ALERT, great income generating property for sale with HIGH RISE RESIDENTIAL REDELOPMENT opportunity in future. This 4-Storey multi-family building located in vibrant Queens Park with stunning 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. 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 now to inquire! (id:49542)
Property Details
| MLS® Number | C8052084 |
| Property Type | Multi-family |
| Farm Type | Other |
| Features | Lane |
Building
| Amenities | Balconies |
| Constructed Date | 1961 |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Size Irregular | 8872 |
| Size Total | 8872 Sqft |
| Size Total Text | 8872 Sqft |
| Zoning Description | Rm2 |
Utilities
| Cable | Available |
| Electricity | Available |
https://www.realtor.ca/real-estate/25686772/217-royal-avenue-new-westminster
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June 08 2023 02:51:22
Real Estate Board Of Greater Vancouver