727 Queens Avenue, New Westminster, BC

  • 6 beds
  • 6 baths
  • 7,209 sqft
  • lot size: 7,200 sqft
  • 1912 built
  • R2674519

$2,698,800

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Secondary Information

General Info

Status
Active
Sub-Area
Uptown NW
Area
New Westminster
City
New Westminster
Province
BC
Taxes
$6,717 / 2021
Property Type
Other
SIZE: 7,209 sqft TAXES (2021): $6,717
MLS®: R2674519
TYPE: Other $/Sq.Ft: 374
SUBAREA: Uptown NW

Description

An excellent opportunity to own this 7209 sq/ft Edwardian Mansion(fully rented) to generate income. This multi-unit(9 legal units) character building is surrounded by other large historic character homes and sits on a large 60x120ft lot. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir, oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, skytrain, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping!

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Listing Courtesy of Dien Realty
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