For Sale

217 ROYAL Avenue, New Westminster, British Columbia V3L1H4

$4,990,000

217 ROYAL Avenue, New Westminster, British Columbia V3L1H4 is For Sale and has a listing price of 4,990,000. The property is located in the Queens Park neighbourhood. It's been on the website for 183 Days.

  • Multi-family
    Property Type
  • MLS ID: C8052084
  • Office Name Nu Stream Realty Inc.
Property Description

DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity in future. This 4-Storey multi-family building located in vibrant Queens Park with stunning Panoramic River Views from south exposure. There are 19 1-bedroom units include 2 penthouse suites with free parking in back yard, well maintained for a cozy and quiet living atmosphere, hardwood floor, 7 years’ old boiler. Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL’HIGH RISE), potential for high density residential development. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College, you name it. Walk Score: 80/Very Walkable. School catchment: Qayqayt Elementary and New Westminster Secondary. Great opportunity for developers & investors. Do not walk through property, do not bother occupants! Call to inquire. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: C8052084
  • Price: $4,990,000
  • Transaction Types: For Sale
  • Ref ID: 25686772
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
12/10/2024 C8052084 $6,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Queens Park
  • $2,227,769 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 91 Walk Score
    Walker's Paradise
  • 80 Transit Score
    Excellent Transit
  • 68 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    87.14%
  • Commercial
    7.14%
  • Land for Sale
    5.71%
Additional Details
  • Property Features Lane
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Zoning Single Family Residential
  • Agent Name: Grace Yun Li
  • Last Updated: 10/12/2024 04:55:04
Open House Dates
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