$1,560,000
727 Fourth Avenue, New Westminster, V3L 2W4
Listed by: Macdonald Commercial Real Estate Services Ltd. · MLS®
8 Bedrooms 10 Bathrooms 4,000 sqft Built 1944 Residential
About This Property
8, 154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing long-term density and value-add potential.
Property Details
MLS® #
R3163433
Status
Active
Type
Residential
Sub-type
Other
Style
Other
Ownership
Freehold NonStrata
Bedrooms
8
Full Baths
10
Half Baths
0
Living Area
4,000 sqft
Main Floor
2,000 sqft
Lot Size
8,154 sqft
Year Built
1944
Age
82 years
Structure
Residential Detached
Parking Stalls
4
Features & Finishes
Heating
Other
Exterior Features
Balcony
Location
Open in Google MapsCoordinates: 49.217049, -122.920455 · Map data © Google
Draft CPS Offer
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Land & Flood Check
Not in the Agricultural Land Reserve.
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ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
