217 ROYAL AVENUE Active Save Request In-Person Tour Request Virtual Tour
New Westminster,BC V3L 1H4
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,347 sqft
Price per Sqft $439
Subdivision Queens Park
MLS Listing ID C8052084
Year Built 1961
Annual Tax Amount $17,305
Tax Year 2023
Property 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!
Location
Province BC
Community Queens Park
Area New Westminster
Zoning British Columbia Default Zone
Exterior
Roof Type Other
Building
Dwelling Type Multi-Family Commercial
Story 4
Water Municipal
Structure Type Wood Frame,See Remarks
Others
Virtual Tour https://my.matterport.com/show/?m=RGoyeD9cckW