Address
727 Fourth Avenue, New Westminster, BC
Price
$ 1,560,000
Property Attributes
  • MLS#R3163433
  • TypeSingle Family
  • Listing Status Active
  • CityNew Westminster
  • AreaNew Westminster
  • NeighbourhoodGlenBrooke North
  • Postal CodeV3L 2W4
  • StyleOther
  • Year Built1944
  • Taxes$ 8018
  • Price$ 1,560,000
  • Bedrooms8
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size0.19 Acres
Data Source:
Greater Vancouver REALTORS®
Property Description

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.

General Features

Heating Other
Architectural Style Other
Year Built 1944
Stories Count 2
Property Subtype Other
Tax Year 2025
Ownership Freehold NonStrata
Property Type Residential
HOA false
Full Baths 10
Status Active
City New Westminster
MLS Area New Westminster
Lot Size Units Square Feet
Lot Size Square Feet 8154
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 8018.42
MLS Area Minor GlenBrooke North
Structure Type Residential Detached
Standard Status Active

Interior Features

Basement None
Heating Y/N true
Total Bedrooms 8
Total Baths 10

Exterior Features

Exterior Amenities Balcony
Parking Features Open
Total Parking 4
Lot Size Area 8154
Building Area Total 4000
Lot Size Acres 0.19
Waterfront Y/N false

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 Single Family Average in V3L 2W4