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About This Property
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 a path to redevelopment in addition to value-add potential.
Features
Balcony
Open
Property Details
MLS NumberR3080584
Property TypeOther
Bedrooms8
Bathrooms10
Square Feet4,000
Lot Size8,154 sqft
Year Built1944
HeatingMixed
Days on Market61
StatusActive
Listed ByMacdonald Commercial Real Estate Services Ltd.
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Estimated Monthly Payment
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Location
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