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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 0 |
| Heating Type | Other |
| # of Kitchens | 0 |
| Foundation | Other |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached |
| Price | $1,690,000 |
|---|---|
| Total Bedrooms | 8 |
| Total Bathrooms | 10 |
| Full Bathrooms | 10 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 4000 |
| Year Built | 1944 |
| Age Of Building | 82 |
| Building Type | Other |
| Property Type | Residential |
| Architecture Style | Other |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open |
| Lot Size | 8154 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3102988 |
| Area | New Westminster |
| Neighbourhood | GlenBrooke North |
| City | New Westminster |
| Postal Code | V3L 2W4 |
| Gross Taxes | $8,018.42 |
| Zoning | RM-2 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Main Level | No | #3 |
| Above Level | No | #3 |
| Above Level | No | #3 |
Listed by: Macdonald Commercial Real Estate Services Ltd. & Macdonald Commercial Real Estate Services Ltd.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
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