MY OFFICE LISTINGS
411 THIRD Avenue in New Westminster: Queens Park Multifamily for sale : MLS®# R2412217
411 THIRD Avenue New Westminster V3L 2S3 : Queens Park
EXCELLENT HOLDING PROPERTY FOR FUTURE DEVELOPMENT, PRIME LOCATION IN QUEENS PARK. 11 UNIT APARTMENT BUILDING. Trophy property, large land parcel and all three lanes of the block converge to this site, non-heritage, legal 10 suites, all self contained, plus one additional suite and separated metered for all utilities, hydro, gas, cable. Additional separated building with 5 bay garage with good revenue as well. Benchmark property with excellent revenue and yet much less entry cost, excellent cape rate with future development upside. Recent Queens Park OCP 2041 proposed for medium density transition zone towards 6th St. high rise zoning. Newer high efficiency Super Hot smart boiler system, all electrical and copper piping done in 1990's, clean environmental phase 1 recently completed.
Listed by Victor Kwan PREC* of RE/MAX Select Properties
Data was last updated October 22, 2019 at 05:05 PM (UTC)