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Property 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!

Address Map
Ca
BC
New Westminster
New Westminster
Uptown NW
V3M 1L7
QUEENS
727
AVENUE
0
MLS® Addon
Active
6
2021
0
4
$6,717
$0
07/04/2022 21:06:40

727 QUEENS AVENUE, New Westminster, New Westminster

727 QUEENS AVENUE, New Westminster, BC V3M 1L7

6 Bedrooms
6 Bathrooms
7,209 Sqft
$2,698,800
Listing ID #R2674519
Basic Details
Office Name : Dien Realty
Property Type : Multifamily
Listing Type : For Sale
Listing ID : R2674519
Price : $2,698,800
View : Mountain And City Views
Bedrooms : 6
Rooms : 0
Bathrooms : 6
Square Footage : 7,209 Sqft
Year Built : 1912
Lot Area : 0.17 Acre
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