NEW WESTMINSTER LISTINGS
411 THIRD Avenue
Queens Park
New Westminster
V3L 2S3
$4,998,800
Multifamily
beds: 10
baths: 11.0
6,343 sq. ft.
built: 1912
- Status:
- Active
- Prop. Type:
- Multifamily
- MLS® Num:
- R2515379
- Bedrooms:
- 10
- Bathrooms:
- 11
- Year Built:
- 1912
- Photos (12)
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UNBEATABLE INVESTMENT OPPORTUNITY! 11-unit multifamily building in prime Queens Park location in New Westminster. 17,667 sq.ft of land, nearly 10,000 sq.ft of living area, 10 self contained suites (Four studios & Six 1 bdrms), plus one caretaker suite (studio), plus separate five stall garage building. Separately metered for all utilities. Low maintenance costs of approx 10% of gross income. Low property tax. 3 laneways converging at rear of property. Updates incl new roof in 2006, newer HE boiler system, all electrical & copper piping done in 90's, clean environmental phase 1. Approx $213,000 of NET INCOME. Priced at a 5.45% cap rate. Currently accepting best offers over list price. 2020 AACI conservatively appraised at $4.7M. Clean Quick closing offers are given First priority.
- Property Type:
- Multifamily
- Dwelling Type:
- Other
- Year built:
- 1912 (Age: 109)
- Total area:
- 6,343 sq. ft.589.28 m2
- Total Floor Area:
- 6,343 sq. ft.589.28 m2
- Main Floor Area:
- 3,345 sq. ft.310.76 m2
- No. Floor Levels:
- 2.0
- Bedrooms:
- 10 (Above Grd: 10)
- Bathrooms:
- 11.0 (Full:11/Half:0)
- Taxes:
- $12,710.97 / 2019
- Lot Area:
- 17,667 sq. ft.1,641.32 m2
- Lot Frontage:
- 97'29.566 m
- Lot Depth:
- 175
- Basement:
- Full, Fully Finished
- Fireplaces:
- 5
- Parking Total/Covered:
- 5 / 5
- Title to Land:
- Freehold NonStrata
- Refrigerator, Stove
- Shared Laundry
Larger map options:
Listed by The Firm Real Estate Services Ltd.
Data was last updated April 12, 2021 at 12:10 PM (UTC)
- MARINA DE GREGORIO
- SUTTON
- 1 (604) 7103846
- Contact by Email


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