727 Fourth AVE, New Westminster, BC V3L 2W4
727 Fourth AVE, New Westminster, BC V3L 2W4
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Shane Sharma

Shane Sharma

+1(778) 241-1078
Listed by Macdonald Commercial Real Estate Services Ltd.
$ 1,560,000
Est. payment | /mo

8 Beds

10 Baths

4,000 SqFt

Save
$ 1,560,000
Est. payment | /mo
Save

8 Beds

10 Baths

4,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $390

MLS Listing ID R3163433

Style Other

Bedrooms 8

Full Baths 10

HOA Y/N No

Year Built 1944

Annual Tax Amount $8,018

Lot Size 8,154 Sqft

Property Sub-Type Other

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.

Location

State BC

Community Glenbrooke North

Area New Westminster

Zoning RM-2

Rooms

Other Rooms Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom

Kitchen 0

Interior

Heating Other

Exterior

Exterior Feature Balcony

Utilities Available Water Connected

View Y/N No

Roof Type Other

Total Parking Spaces 4

Garage No

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Locker No

Others

Restrictions No Age Restriction

Ownership Freehold NonStrata

REBGV/FVREB/Chilliwack (Residential IDX)

Nearby Locations

Shane Sharma

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(778) 241-1078

shane@shanesharma.com

500-666 Burrard Street, Vancouver, BC

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727 Fourth AVE