• $5,288,800
  • 10 bd,
  • 11 ba,
  • 17,667 lot
  • Est payment $28391.42/mo

411 THIRD AVENUE, New Westminster, BC V3L 2S3

261095238 49.213024 -122.9131 3144 /listing/261095238-151314591/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 5288800.0 6343 100 10 11 R2431138 False

Property & Neighborhood Info

Courtesy Of RE/MAX Progroup Realty

Single Family in New Westminster

UNBEATABLE INVESTMENT OPPORTUNITY W/ REDEVELOPMENT POTENTIAL! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, 6,373 sq.ft of living area, non-heritage status, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. Queens Park OCP 2041 proposes medium density transition zone. 3 laneways converging at rear of property allows for strategic redevelopment access points. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $200,000 of NET INCOME. Priced at 3.8% cap rate (id:7668)

Courtesy Of RE/MAX Progroup Realty
  1. 10 Beds
  2. 11 Baths
  3. 6343 sqft Sq. Ft.
  4. 17,667 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1912
  • MLS® Number:R2431138

Additional Features

  • Appliances:
    • Refrigerator
    • Stove
  • Features:
    • Central location
  • Basement:
    • Finished
    • Full (Finished)
  • Amenities:
    • Shared Laundry
    • Shopping
  • Board:
    • Real Estate Board Of Greater Vancouver
  • Transaction Type:
    • For sale
  • Alt Listing ID:
    • R2431138
  • Ownership Type:
    • Freehold
Neighborhood info courtesy of Homes.com © 2020
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Earl Cooper
Earl Cooper
Earl Cooper Real Estate PC Inc.
Associate
3020 Arlington Avenue Saskatoon SK S7J 2J9
49.213024 -122.9131

411 THIRD AVENUE New Westminster, BC V3L 2S3

261095238 49.213024 -122.9131 3144 /listing/261095238-151314591/411-third-avenue-new-westminster-bc-v3l-2s3 False 0 5288800.0 6343 100 10 11 R2431138 False
  • $5,288,800
  • 10 bd
  • 11 ba
  • 6343 sqft sqft
  • 17,667 lot