Address
404 Royal Avenue, New Westminster, BC
Price
$ 2,850,000
Property Attributes
- ID#R2819578
- TypeMulti-Family
- CityNew Westminster
- AreaNew Westminster
- NeighbourhoodDowntown NW
- Postal CodeV5Y 2B1
- StyleFourplex
- Year Built1979
- Taxes$ 8670
- Price$ 2,850,000
- Bedrooms12
- Full Bathrooms4
- Half Bathrooms4
- Sqr Footage5208
- Lot Size6,534 SqFt
Data Source:
Greater Vancouver REALTORS®
Property 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).
General Features
| Construction | Frame - Wood |
|---|---|
| Heating | Baseboard,Electric |
| Roof | Asphalt |
| Parking | Garage Underbuilding |
| Fireplaces | 4 |
| Exterior Features | Balcony(s),Balcny(s) Patio(s) Dck(s),Patio(s) |
| Zoning | RM6A |
| Full Baths | 4 |
| Half Baths | 4 |
| Bathrooms | 8 |
| Year Built | 1979 |
| Water Supply | City/Municipal |
| Style | 2 Storey |
| Stories | 2 |
| Type | Fourplex |
| Age | 45 |
| Net Income | 110310.00 |
| Entry Date | 2023-09-26T20:46:40 |
| Status | Active |
| Region | Greater Vancouver |
| City | New Westminster |
| Street Name | ROYAL |
| Sub-Area/Community | Downtown NW |
| Title to Land | Freehold NonStrata |
| DOM | 176 |
| Price Per Sq Ft | 547.24 |
| Coming Soon | 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 an |
Interior Features
| Basement Area | Crawl |
|---|---|
| Beds | 12 |
| Total Rooms | 32 |
| Room 1 Level | Main |
| Prop Type | Multifamily |
| Floor Area -Grand Total | 5208 |
| Floor Area Fin - Main Flr | 2604 |
| Room 9 Type | Kitchen |
| Room 9 Level | Main |
| Room 8 Type | Bedroom |
| Room 8 Level | Above |
| Room 7 Type | Bedroom |
| Room 7 Level | Above |
| Room 6 Type | Bedroom |
| Room 6 Level | Above |
| Room 5 Type | Nook |
| Room 5 Level | Main |
| Room 4 Type | Living Room |
| Room 4 Level | Main |
| Room 3 Type | Laundry |
| Room 3 Level | Main |
| Room 22 Type | Bedroom |
| Room 22 Level | Above |
| Room 21 Type | Nook |
| Room 21 Level | Main |
| Room 20 Type | Living Room |
| Room 20 Level | Main |
| Room 2 Type | Kitchen |
| Room 2 Level | Main |
| Room 19 Type | Laundry |
| Room 19 Level | Main |
| Room 18 Type | Dining Room |
| Room 18 Level | Main |
| Room 17 Type | Kitchen |
| Room 17 Level | Main |
| Room 16 Type | Bedroom |
| Room 16 Level | Above |
| Room 15 Type | Bedroom |
| Room 15 Level | Above |
| Room 14 Type | Bedroom |
| Room 14 Level | Above |
| Room 13 Type | Nook |
| Room 13 Level | Main |
| Room 12 Type | Laundry |
| Room 12 Level | Main |
| Room 11 Type | Living Room |
| Room 11 Level | Main |
| Room 10 Type | Dining Room |
| Room 10 Level | Main |
| Room 1 Type | Dining Room |
Exterior Features
| Exterior | Stucco |
|---|---|
| Foundation | Concrete Perimeter |
| Lot Size Area | 0.15 |
| Type Of Dwelling | Fourplex |
| Covered Parking | 8 |
| Lot Width | 49.00 |
| Lot Length | 132 |
| Lot Sz (Hectares) | 0.06 |
| Lot Sz (Sq.Ft.) | 6468.00 |
| Lot Sz (Sq.Mtrs.) | 600.90 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in V5Y 2B1
Price
Taxes
Visits
Year Built
Copyright 2024 by Greater Vancouver REALTORS®. All Rights Reserved. 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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last Updated: May 17, 2024 2:35 AM UTC
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2024 All rights reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2024 All rights reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services