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About This Property
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.
Property Details
MLS NumberR3102988
Property TypeOther
Bedrooms8
Bathrooms10
Square Feet4,000
Lot Size8,154 sqft
Year Built1944
Days on Market92
StatusActive
Listed ByMacdonald Commercial Real Estate Services Ltd.
School Catchment
Elementary
Herbert Spencer
Middle
Ecole Glenbrook Middle
Secondary
New Westminster Secondary
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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