Address
404 Royal Avenue, New Westminster, BC
Price
$ 3,250,000
Property Attributes
  • MLS#R2724979
  • TypeMulti-Family
  • CityNew Westminster
  • AreaNew Westminster
  • NeighbourhoodDowntown NW
  • Postal CodeV5Y 2B1
  • StyleFourplex
  • Year Built1979
  • Taxes$ 9569
  • Price$ 3,250,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage4800
  • Lot Size6,534 SqFt
Data Source:
Real Estate Board of Greater Vancouver
Property Description

Opportunity to acquire four extensively renovated two-storey, three bedroom townhomes in Downtown New Westminster! Offered at a 3.40% capitalization rate, this is the perfect opportunity for an investor, or, someone looking to move into one of the 1,200 SF units while the other three cashflow. Each suite features a patio or balcony, large double-glazed windows, updated kitchens with new appliances, including dishwashers, shaker cabinets and refinished flooring. Bathrooms have been fitted with updated shower tubs with tile surrounds, new vanities and all suites are equipped with washers and dryers. Centrally located, the Property is steps to amenities such as Tipperary Park, Douglas College and New Westminster's commercial core. The Property enjoys ease of access to major thoroughfares a

General Features

Age 43
Bathrooms 2
City New Westminster
Co-Listing Agent Dan Chatfield
Coming Soon Opportunity to acquire four extensively renovated two-storey, three bedroom townhomes in Downtown New Westminster! Offered at a 3.40% capitalization rate
Construction Frame - Wood
DOM 4
Entry Date 2022-09-20T17:54:00
Exterior Features Balcony(s), Patio(s)
Fireplaces 2
Full Baths 1
Half Baths 1
Heating Baseboard, Electric
Interior Features ClthWsh/Dryr/Frdg/Stve/DW
Parking Carport; Multiple
Price Per Sq Ft 677.08
Region Greater Vancouver
Roof Asphalt
Status Active
Stories 2
Street Name ROYAL
Style 2 Storey
Sub-area/community Downtown NW
Suite Legal Suite
Title to Land Freehold NonStrata
Type Fourplex
Type of Dwelling Fourplex
Year Built 1979

Interior Features

Basement Area None
Beds 3
Floor Area -grand Total 4800
Floor Area Fin - Main Flr 2400
Prop Type Multifamily
Room 1 Level Above
Room 1 Type Bedroom
Room 2 Level Above
Room 2 Type Bedroom
Room 3 Level Above
Room 3 Type Bedroom
Room 4 Level Main
Room 4 Type Kitchen
Room 5 Level Main
Room 5 Type Den
Room 6 Level Main
Room 6 Type Family Room
Total Rooms 6

Exterior Features

Covered Parking 8
Exterior Stucco, Vinyl
Foundation Concrete Block
Lot Length 132
Lot Size Area 0.15
Lot Sz (hectares) 0.06
Lot Sz (sq.ft.) 6468.00
Lot Sz (sq.mtrs.) 600.90
Lot Width 49.00
Parking Access Lane, Rear
Sewer Type City/Municipal

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 Multi-Family Average in V5Y 2B1

Price
AVG $3.25M
$3.25M
Taxes
AVG $9,569
$9,569
Visits
AVG 5
4
Year Built
AVG 1979
1979
Walkscore
AVG 92
92
Data Provided by Walkscore ® not using MLS data