404 Royal Avenue, New Westminster, V5Y 2B1

$2,850,000
Active Listed 5 months ago

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Details

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Beds
12

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Bath
8

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Built
1979

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Living Area
5208 SqFt.

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$/SqFt.

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Taxes
$8,670.81

Description

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income $11,220 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation).

Commission Details

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History

Property Information

MLS® # R2819578
Property Type Fourplex
Dwelling Type Fourplex
Kitchens Login to View
Year Built 1979
Parking Garage Underbuilding
Tax $8,671 in 2022
Strata No NWP2620
Postal Code V5Y 2B1
Address 404 Royal Avenue
Subarea Downtown NW
City New Westminster
Listed By Oakwyn Realty Ltd.

Floor Area (sq. ft.)

Main Floor 2,604
Above 2,604
Total 5,208
 

Location

Frequently Asked Questions About 404 Royal Avenue

404 Royal Avenue, New Westminster, V5Y 2B1 was built in 1979.
404 Royal Avenue, New Westminster, V5Y 2B1 was listed on 09/26/2023 by Oakwyn Realty Ltd..
Sales Specialist
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Les Twarog
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Fateh Boparai
English, ਪੰਜਾਬੀ
Haas Eskandanian
English, فارسی
Bal Virk
English, ਪੰਜਾਬੀ
Iva Valcheva
English, Bulgarian
Gerry Kainth
English, ਪੰਜਾਬੀ
Nina Oo
English, 普通话

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC