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$ 4,489,200
Est. payment | /mo
9,840 SqFt
$ 4,489,200
Est. payment | /mo
9,840 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9840
Square Footage 9,840 sqft
Price per Sqft $456
MLS® Listing ID C8082812
Year Built 1977
Lot Size 8,699 Sqft
Acres 8699.0
Property Description
4.64% Cap! Exceptional Multi-Fam Investment & Redevelopment Opportunity with a 4.64% Cap Rate! This 12-unit apartment building is ideally located in New West's Transit-Oriented Development Area, offering stable rental income, strong location fundamentals, and long-term redevelopment potential. Convenient access to SkyTrain, bus routes, parks, shopping, restaurants, schools, a community centre, ice rink, and pool supports consistent tenant demand and future value creation. Situated on a generous lot, the property presents compelling potential for investors, builders, and developers seeking a transit-connected, amenity-rich location. Purchasers should independently verify zoning, OCP designation, redevelopment potential, and all property details with the City of New Westminster and their advisors. Also available as part of a strategic assembly with 57 Agnes Street and 52 Royal Avenue, with flexible options to purchase individually, in combination, or as the complete assembly. Do not disturb tenants. (id:24570)
Location
State BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Sutton Centre Realty
Nearby Locations
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