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Choose a REALTOR®
Listing REALTOR®
Grace Yun Li, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Grace Yun Li

REALTOR®, Personal Real Estate Corporation

Nu Stream Realty Inc.

Choose a REALTOR®
Listing REALTOR®
Grace Yun Li, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Grace Yun Li

REALTOR®, Personal Real Estate Corporation

Nu Stream Realty Inc.

Multi-family for sale

217 Royal Avenue, Queens Park, New Westminster

$4,990,000 or
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Multi-family for sale in Queens Park, New Westminster, New Westminster, 217 Royal Avenue, 224957153 | Realtylink.org
Multi-family for sale in Queens Park, New Westminster, New Westminster, 217 Royal Avenue, 224957153 | Realtylink.org Multi-family for sale in Queens Park, New Westminster, New Westminster, 217 Royal Avenue, 224957153 | Realtylink.org Multi-family for sale in Queens Park, New Westminster, New Westminster, 217 Royal Avenue, 224957153 | Realtylink.org Multi-family for sale in Queens Park, New Westminster, New Westminster, 217 Royal Avenue, 224957153 | Realtylink.org
$4,990,000 or

Multi-family for sale

217 Royal Avenue, Queens Park, New Westminster

VNWQP-NEW WEST

Features

Lifestyle
224957153 4990000 /en/multi-family~for-sale~queens-park-new-westminster/224957153?view=Summary /en/multi-family~for-sale~queens-park-new-westminster/224957153 /en/multi-family~for-sale~queens-park-new-westminster/224957153/photos 49.2087500000 -122.9061300000 true
Year Built
1961
Floor Area
11,347 sqft
Lot Size
8,873 sqft
Gross Property Tax
$17,305.26 /year
Building Type
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Zoning
RM2
Subject Property Width
54.2 ft
Subject Property Depth
163 ft
Amenities
Balconies, Laundry Facility, Paved Yard, Fenced Yard
Suite Mix Information
17 x 1 ½
Total no. of Units
19

Description

DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with potential HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity. 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 & quiet living atmosphere, hardwood floor, 7 years old high efficiency Boiler, around 12 years old Water Tank, Re-Roofing 6 years ago, newer Double Glazed Windows and paint... Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL–HIGH RISE), potential for high density residential redevelopment. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College. Walk Score: 80/Very Walkable. Great opportunity for developers & investors. Showing only by appointment! Do not walk through property, do not bother occupants!
MLS® Number C8052084
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Listing REALTOR®

Grace Yun Li, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Grace Yun Li

REALTOR®, Personal Real Estate Corporation
778-861-1299

Nu Stream Realty Inc.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
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