https://www.city2cityrealty.com
217 ROYAL AVENUE, New Westminster
New Westminster
Multi-family
$5,990,000
For sale
0 BEDS
0 BATHS
11347 sqft

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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.

General Info

C8052084
1961
8872 sqft

Amenities/Features

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Purchase Amount $ 5,990,000
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CITY 2 CITY REAL ESTATE SERVICES
217 ROYAL AVENUE, New Westminster
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