Address
727 Queens Avenue, New Westminster, BC
Price
$ 2,698,800
Property Attributes
  • ID#C8043575
  • TypeCommercial
  • CityNew Westminster
  • AreaNew Westminster
  • Postal CodeV3M 1L7
  • StyleMulti-Family Commercial
  • Price$ 2,698,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7209
Data Source:
REAL ESTATE BOARD OF GREATER VANCOUVER
Property Description

An excellent opportunity to own this 7209 s.f. Edwardian Mansion(fully rented) to generate income. This multi-unit character building is surrounded by other large historic character homes and sits on a large 60x120ft lot, is generating $105,459/yr. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir , oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, sky train, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping!

General Features

Amenities Laundry Facility
City New Westminster
Region Greater Vancouver
Status ACTIVE
Street Name QUEENS
Subdivision Uptown NW
Transaction Type For Sale
Year Built 1912

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V3M 1L7

Price
AVG $2.7M
$2.7M
Visits
AVG 11
10
Walkscore
AVG 82
82
Data Provided by Walkscore ® not using MLS data