217 ROYAL AVENUE, New Westminster

2023-06-07
 

Quick Summary

Location
217 ROYAL AVENUE, New Westminster, British Columbia V3L1H4
Price
$5,990,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
11347ft2
Year of Construction:
1961
Video Link:

MLS®#C8052084

Property Description

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:32467)

Property Features

Building

  • Amenities: Balconies
  • Fireplace: No
  • Interior Size: 11347 sqft

Features

  • Feature: Lane

Land

  • Land Size: 8872 sqft

Zoning

  • Description: RM2

Information entered by Nu Stream Realty Inc.
Listing information last updated on: 2024-07-05 01:53:49


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